Lloyd's List is part of Maritime Intelligence

This site is operated by a business or businesses owned by Maritime Insights & Intelligence Limited, registered in England and Wales with company number 13831625 and address c/o Hackwood Secretaries Limited, One Silk Street, London EC2Y 8HQ, United Kingdom. Lloyd’s List Intelligence is a trading name of Maritime Insights & Intelligence Limited. Lloyd’s is the registered trademark of the Society Incorporated by the Lloyd’s Act 1871 by the name of Lloyd’s.

This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

Printed By

UsernamePublicRestriction

Tomer Raanan

New York

Tomer Raanan is Lloyd’s List’s senior maritime reporter in the US. He is based in New York, where he enjoyed a decade-long career in private security before joining Lloyd’s List in 2022. Tomer Raanan has a background as a writer, researcher and analyst who has written for the South China Morning Post and Nikkei, publishers of the Financial Times, and has written, edited and translated for the Asia Policy Program in the Abba Eban Institute. He is experienced in trade & investment data analysis, in addition to FDI, security and technology issues. A graduate of SUNY Empire State College with a degree in Public Affairs, majoring in political science and economics, Tomer is also a military veteran and a devout Liverpool fan.

Latest From Tomer Raanan

MSC wins in congestion charge dispute

With one commissioner partially dissenting, the Federal Maritime Commission determined MSC should not be found in violation of the Shipping Act in a charge complaint by SOFi Paper Products over a $1,000 congestion surcharge

Containers Mediterranean Shipping Co

D’Amico eyes improved US investor exposure with OCTQX application

Trading in Milan and in the US OTC Pink Market, d’Amico is seeking to upgrade to OTC Markets’ top tier OCTQX, which requires higher financial and governance standards, and offers greater transparency to investors

Tankers and Gas Product tankers

International Seaways secures $160m sustainability-linked loan

US-listed crude and product tanker owner International Seaways has entered a $160m revolving credit agreement with a sustainability-linked pricing adjustment. The adjustment is linked to three factors related to fleet sustainability, amount of sustainability-linked investment and the frequency of lost time injuries, consistent with a facility Seaways entered in May last year

Sustainability Finance

Scorpio continues to cut finance costs with purchase of 21 leased vessels

Scorpio Tankers continues to reduce financing costs. It is exercising purchase options on 21 product tankers, bringing the tally since last August to 72 vessels. The company has also repaid debt relating to six vessels under three different facilities for about $100m

Tankers and Gas Finance

Shoreline offers to insure against costs of US pollution investigations

Niche insurer Shoreline’s new policy covers initial legal and inspection costs incurred in a US vessel pollution case, and operational expenses from the ongoing care of innocent seafarers held as witnesses by US authorities. Insureds are also offered ‘uninterrupted’ access to Marpol specialist law firm Chalos & Co

Reinsurance Insurance

Rise of the share buyback

While shipping companies traditionally reinvested profits in expanding and modernising their fleets, listed owners have increasingly been allocating their capital towards debt repayment and share repurchases in recent years amid strong cashflows, regulatory uncertainty and a lack of yard slots

Finance Brokers
See All
UsernamePublicRestriction

Register