Navigator Gas has arranged $205.8 million in financing for two new liquefied gas carriers being built in China, using a secured pre-delivery loan and a long-term Japanese Operating Lease with Call Option (JOLCO) sale leaseback, its first deal of this kind. The financing covers the full purchase price and offers competitive terms, with delivery expected in 2027. This deal marks a strategic step in Navigator's capital allocation and funding diversification, completing financing for four of six newbuild vessels, with the remaining two still in progress. Navigator will retain operational control of the vessels while benefiting from purchase options extending up to 8.5 years after delivery.
Sodexo has secured a major global contract to provide catering services across more than 130 Meta sites in over 30 countries. This large-scale partnership includes diverse locations such as headquarters, campuses, data centers, and conference centers...
Frasers Group PLC has withheld financial guidance for the upcoming year due to uncertainty around its takeover bids for Hugo Boss and Accent Group. The retailer's full-year adjusted profit before tax fell 4% to £538 million, impacted by asset impairm...
Ethereum rose 3.17% to $1,923.53, outperforming Bitcoin's modest 0.18% gain to $64,588.87, signaling an early rotation toward large-cap altcoins. Despite this, overall market activity slowed, with declines in DeFi, stablecoin, and derivatives trading...
Gabriel Holding A/S has agreed to sell its European FurnMaster furniture manufacturing operations, including subsidiaries in Poland and Lithuania, to Leggett & Platt for an initial price of approximately EUR 9 million, with a possible additional paym...
A Gaza resident raised over £55,000 on GoFundMe to support his family but faced issues as the platform cannot pay directly to Gaza, forcing funds through intermediaries who failed to deliver the full amount. This highlights a broader problem in human...
