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Havila Shipping Loses Court Case About Restructuring Agreement

Havila Shipping Loses Court Case About Restructuring Agreement

Norwegian offshore vessel owner Havila Shipping has confirmed that it did not prevail in a court case concerning a restructuring agreement it reached six years ago. The case, heard at a Norwegian appeal court, concerned…

Wed Oct 21 20268 min
GMS Says War Estimated to Have Led to US$10M in Lost Revenue

GMS Says War Estimated to Have Led to US$10M in Lost Revenue

Gulf Marine Services has said the war in the Gulf is estimated to have caused 10.1 million dollars in lost revenue in the first nine months of 2026, along with 1.8 million dollars in direct incremental costs from higher…

Tue Oct 20 20268 min
EU Innovation Fund Backs Minesto Euro Dragon Farm Tidal Kite Array

EU Innovation Fund Backs Minesto Euro Dragon Farm Tidal Kite Array

Minesto has been selected by the European Commission to enter grant agreement preparation for funding of 20.2 million euros under the Innovation Fund. The selected project, Euro Dragon Farm, is a first-of-its-kind 10-meg…

Tue Oct 20 20268 min
Fugro Secures European Investment Bank Financing to Expand USV Operations

Fugro Secures European Investment Bank Financing to Expand USV Operations

Fugro has entered into a 150 million euro unsecured financing facility with the European Investment Bank to support the ongoing development and deployment of its uncrewed surface vessel technology. The facility will supp…

Wed Oct 14 20268 min
Tideway Taps Bond Market Again With £250M Sterling Blue Bond for Thames Tunnel

Tideway Taps Bond Market Again With £250M Sterling Blue Bond for Thames Tunnel

Bazalgette Finance, the financing arm of Tideway, has issued a £250 million fixed-rate blue bond maturing in 2036, its second sterling blue bond following its first issuance in July 2025. Proceeds fund projects that prot…

Fri Oct 09 20267 min
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