Okeanis Eco Tankers Corp. has arranged three new loan facilities totaling $190 million to finance two new Suezmax vessels under construction and to repurchase two vessels from sale and leaseback agreements. The loans, provided by a syndicate led by E.SUN Commercial Bank and two prominent Greek banks, feature competitive interest rates and extended maturities, reflecting the company's improved capital structure. These financings complete the funding for recent acquisitions and transition the company away from legacy sale and leaseback deals, enhancing dividend capacity and reducing interest costs. The transactions are expected to close between May and June 2026, positioning Okeanis for continued growth with a stronger financial foundation.
STARLUX Airlines has introduced the AIRSORAYAMA Silver, the world's largest flying canvas, featuring a unique liquid-metal livery designed by Japanese artist Hajime Sorayama. The aircraft, an Airbus A350-1000, was unveiled in Toulouse and will be pil...
Netflix is seeing more viewers abandon shows before the second season, driven by frequent cancellations, long waits between seasons, and content tailored more for algorithms than storytelling. The streaming giant's binge model, once revolutionary aga...
Intertape Polymer Corp (IPG) has introduced a new PCR Air Pillow Film made with 50% recycled materials, including 35% post-consumer recycled content. This high-performance packaging film is designed to help companies meet sustainability goals without...
South Korea's Supreme Court has drafted new civil enforcement rules to legally freeze, seize, and liquidate virtual assets like bitcoin during civil litigation. These rules aim to prevent debtors from hiding cryptocurrency to avoid court judgments by...
Liquidity Services has named Karen Fascenda as its new Chief Human Resources Officer, effective July 6, 2026. Fascenda brings over 20 years of experience in human capital strategies from roles at Udemy, GoPuff, Comcast, and eBay. She replaces Novelet...
