Latest News for: Shipping loans

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New charges pending for Billings man who admitted $43M fraud scheme, prosecutors say

Independent Record 06 Dec 2019
The money was to pay for chemical and oil shipping tankers bought from a Hong Kong shipping firm. Capser spent the entire $43 million loan on the tankers, according to defense filings, with the intention of leasing them back to the shipping company for $8,500 a day, according to the indictment....
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Column: FDR's 'Rudy Giuliani'

Dispatch Argus 06 Dec 2019
John Donald O'Shea is a retired circuit court judge and a columnist for The Dispatch-Argus ... Taylor, Jr ... Giuliani." ... in Ukraine ... But the ban on "loans" remained in effect, and American ships were barred from transporting goods to belligerent ports. In October 1941, FDR unveiled his Lend-Lease Program, in the face of law that banned loans to belligerents....
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Lincoln artifacts will not be auctioned, foundation announces after loan extension

News-Press Now 05 Dec 2019
Officials with the Abraham Lincoln Presidential Library Foundation secured a three-year extension on a loan used to buy historical items — including the bloody gloves the former president had in his pocket when he died and a huge number of Mary Lincoln documents — from former board member Louise Taper in 2007....
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US court acquits shipbuilder’s sales rep over Mozambique corruption scandal

Business Day 03 Dec 2019
The projects were financed with nearly $2bn in loans from Credit Suisse and Russian lender VTB. Prosecutors said Boustani, a Lebanese citizen, paid hundreds of millions of dollars in bribes and kickbacks to Mozambican officials and Credit Suisse bankers to secure the contracts and loans ... Eventually the loans defaulted and investors lost their money....
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China’s rise to the top

Splash24/7 03 Dec 2019
Dagfinn Lunde reacts to news that Splash readers have voted China’s rise as the shipping story of the decade, beating out liner consolidation, green developments and digitalisation in the process ... The top 40 banks’ lending to shipping now stands at $300.7bn, the lowest level since Petrofin started monitoring the global portfolio in 2008....
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Lebanese salesman acquitted in case over $2 bln Mozambique loans

Canada Dot Com 02 Dec 2019
The projects were financed with nearly $2 billion in loans from Credit Suisse Group AG and Russian lender VTB . Prosecutors said Boustani, a Lebanese citizen, paid hundreds of millions of dollars in bribes and kickbacks to Mozambican officials and Credit Suisse bankers to secure the contracts and loans....
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Philippe Coutinho Admits He Would Love to Seal Permanent Bayern Munich Move

90min 02 Dec 2019
... a nightmare 18 months at Camp Nou, prompting La Blaugrana to ship him out on loan last summer....
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Chicharito 'open' to playing in the MLS as Sevilla striker thinks about his future

Yahoo Daily News 02 Dec 2019
Hernandez helped United win two Premier League titles before being shipped out on loan to Real Madrid in 2014, and eventually left the club to join Bayer Leverkusen on a permanent deal the following year ... "Yes. Definitely. "Look, I am always thinking about my future. I want to be as open as I can to any opportunity ... It is an opportunity ... ....
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Umar: High Interest Rate Killing Shipping, Manufacturing Sectors

This Day 29 Nov 2019
The Managing Director/CEO, Seatransport Services Nigeria Limited, Aminu Umar, in this interview, told Eromosele Abiodun how high interest rate and short-term loans from Nigeria banks are impacting negatively on the shipping and manufacturing sectors ... In the ship owning, our major bottle neck is financing ... Shipping is 10 years, 12 years....
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Nigeria: Umar - High Interest Rate Killing Shipping, Manufacturing Sectors

All Africa 29 Nov 2019
... are impacting negatively on the shipping and manufacturing sectors....
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NYK Line inks sustainability loan for $456m as UECC inks green finance

Tradewinds 29 Nov 2019
NYK, the Japanese shipping giant, ......
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NYK Line inks sustainability loan for $456m as UECC scores green finance

Tradewinds 29 Nov 2019
The Japanese shipping giant said it ......
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Nord/LB provisions slashed after another $992m of shipping disposals

Tradewinds 28 Nov 2019
German bank Nord/LB has seen risk ......

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