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The Week in Review
The week has been relatively quiet from a transaction standpoint, but sentiment by and large is upbeat. The shipping markets as a whole continue to perform above expectations, and the credit and equity markets functioning smoothly, if not lavishly.
For example, Caterpillar Financial Services this week entered into an agreement to increase Aker Philadelphia Shipyard’s credit line by $150 million. Under the agreement, Caterpillar will fund up to $80
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Tags: · Aker American Shipping, Aker Philadelphia Shipyard, Arab Bank, Banco Santander, BTMU, BW Gas, Caterpillar Financial Services, Citi, CITIC Ka Wah Bank, Commerzbank, Commonwealth Bank of Australia, DBS, Deutsche Bank, Goldman Sachs, ICICI, ING Bank, KBC Bank, KfW, Lloyds TSB, Noble Group, Odfjell, OSG America, Pacific Basin, RBS, SG Corporate & Investment Banking, Standard Chartered Bank, Stolt Nielsen, Teekay Offshore, Wachovia
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