Latest News for: Shipping loans


Streetwise: Why shipowner savings on ESG-linked loans have been ‘token’ to date

Tradewinds 19 May 2022
When Connecticut’s Eagle Bulk Shipping trotted out its annual environmental, social and governance (ESG) report this month, there was one concrete development that seemed to stand out above others ... “The sustainability-linked loans so far are largely PR exercises both for the banks and the shipping companies,” he said ... More ship finance news..

PPA, Marina adopt measures to modernize shipping industry

The Manila Times 19 May 2022
It also managed to convince the Development Bank of the Philippines (DBP) to loan money to shipowners wanting to modernize their fleet. "We will enter a memorandum of agreement with the DBP to provide a long-term loan of up to 25 years and we will give incentives to shipowners who want to acquire ships to serve our routes," he said.

Greek Loans Rose By 5.6% During 2021, Now at $52.5 Billion

Hellenic Shipping News Worldwide 19 May 2022
... bank loan portfolios to Greek shipping, as of 31 st December 2021.

Sutton Hoo: Anglo-Saxon riches reunited for 'homecoming' show

BBC News 19 May 2022
The British Museum has loaned items from the Anglo-Saxon ship burial, while the hoard is the largest collection of Anglo-Saxon gold and silver ever found ... "It's poignant and significant that these objects are returning to us on loan," she said.

Celtic’s Giakoumakis hits out at AEK after Postecoglou revealed his own snub from the Athens club

Greek City Times 18 May 2022
Giakoumakis got his big break when he joined AEK five years ago ... It was his first spell at a big club, but only 19 months later he was shipped out to OFI Crete on loan. Another loan spell with Polish outfit Gornik Zabrze came and went before Giakoumakis finally got out of Greece permanently and went to VVV-Venlo in the Netherlands ... READ MORE ... Tags ... 0 0.

The hidden costs of an app promising protection from sky-high overdraft fees

The Los Angeles Times 18 May 2022
Once Dave improved that underwriting process and lowered its loan losses, Wilk says, the company grew like a “rocket ship.” (Trillions of dollars of government aid during the pandemic slowed growth, but revenue still increased about 25% last year to $153 million, though the ...

Magnus Naabe RexDanquah: No person, party, group have the right to mortgage a nation’s future ...

Joy Online 17 May 2022
... terms that will mortgage the future of our children and children’s children into BONDAGE, to see them shipped out to other continents and lands as slaves because they were unable to pay LOANS contracted by their forebearers unless the project will be self-sustaining over time.

Tanker credit quality dips at Oldendorff’s M&M Bank

Tradewinds 17 May 2022
... quality of tanker loans in a tough first quarter for the sector.

Russia's largest shipping company is selling ships to buyers in Dubai and Singapore to repay ...

Business Insider 14 May 2022
Anton Vaganov/Reuters Sovcomflot is selling ships to buyers in Asia and the Middle East to repay loans to western banks ... Russia's leading shipping company has sold ships to buyers in Asia and the Middle East to repay its loans to Western banks ... that and that is to sell the ships.".

Gerrard and Lampard are still knocking about the Premier League, Cech and Kuyt are on ...

The Daily Mail 14 May 2022
... Napoli and AC Milan with a brief return to England on a loan deal to Aston Villa sandwiched in between ... He was shipped off to West Ham on a loan deal before the move was made permanent for less than half the fee Liverpool forked out with stints at Newcastle and Reading following.

Historic Texas battles commemorated with sound of silence

Houston Leader 12 May 2022
At that time, the Battle of the Alamo was raging and none of the defenders ever lived to get the word ... I saw no news coverage ... Gen ... The USS Alamo was a dock landing ship which shuttled Marines around the Pacific before, during and after the Vietnam War. It was decommissioned in 1990 and loaned the same day to the Brazilian Navy as the Rio de Janeiro ... .

Sovcomflot ship sales start to emerge

Splash24/7 11 May 2022
... but dismissed earlier reports that up to one-third of its 122-strong fleet was being put on the chopping block as it wrestles western sanctions that limit repaying outstanding loans and make operations very hard with class and insurers shunning Russia’s largest shipping line.

Chautauqua County backs solar-energy farm projects

The Buffalo News 11 May 2022
Loans ... The 20-year loan was approved at 4% interest ... Meanwhile, International Ordinance – which previously obtained a Cares Act loan to buy an endo generator that would make its furnace run more efficiently – now needs to pay $233,000 to repair the furnace itself, which broke down as the new equipment was being shipped.

Brodosplit in Financial Crisis After Losing Russian Construction Loans

The Maritime Executive 10 May 2022
Initially, DIV stepped in to provide additional financial support but they turned to the government proposing a bridge loan to the shipyard to finance the completion of the two ships ... the shipyard provided a bridge loan so Havila could take delivery of its second cruise ship.

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