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Cruise Ship Industry News

Hurtigruten negotiates loan

Hurtigruten has secured a €105 mill loan facility. This loan will increase the group’s liquidity to around €200 mill. Financed by international investors, it can be used for general corporate and working capital requirements across the group. The [Read more...]

June 27th, 2020|Finance|

Ropaxes cancelled at cash strapped FSG

French ferry operator Brittany Ferries and French investor Somanor have cancelled the newbuilding contract with Flensburger (FSG) for the LNG powered ropax ‘Honfleur’. She has been under construction since 2017 in Flensburg, Germany and was originally scheduled to [Read more...]

June 27th, 2020|Ships|

Deltamarin wins Finnlines design contract

Deltamarin has signed a contract with China Merchants Jinling shipyard (Weihai) (CMJL), previously known as AVIC Weihai, for the approval and detail design for Finnlines ‘Superstar’ ropax vessel project. This contract is significant, as it further strengthens Deltamarin’s [Read more...]

June 27th, 2020|Ships|

Lindblad amends ECA facilities

Lindblad Expeditions has reached an agreement with its export credit agency (ECA) lenders to amend its loan facilities. The ECA members are Garantiinstituttet for eksportkreditt and Eksportkreditt Norge, which represent the Norwegian government, and Citibank, London Branch. This amendment [Read more...]

June 27th, 2020|Finance|