Archive for the ‘Banking’ Category

Daily Overview of Global Markets & the SEE Region (Tuesday, July 10, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, July 10, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: In protest against UK PM Theresa May’s soft Brexit plan on the future UK/EU relationship, Foreign Secretary Boris Johnson also resigned, just a few hours after David Davis quit as Brexit Secretary, raising the risk of an imminent...
July 10th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, July 09, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, July 09, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US non-farm payrolls rose by a higher than expected 213k in June but the unemployment rate rose for the first time in the last ten months at 4.0% from 3.8% in May and average hourly earnings were held steady at 2.7%YoY. In reaction...
July 9th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, July 06, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, July 06, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: US tariffs on more than 800 imported goods from China worth $34bn took effect earlier today, with China’s Ministry of Commerce reportedly saying that it is forced to retaliate with tariffs on $34bn imported US goods including autos...
July 6th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Reed Smith has advised Deutsche Bank on the sale of a $1billion portfolio of shipping loans

Reed Smith has advised Deutsche Bank on the sale of a $1billion portfolio of shipping loans
Richard Hakes LONDON, 5 July, 2018 – Reed Smith has advised client Deutsche Bank on the strategic disposal of a portfolio of $1billion of shipping loans spread across a diversified pool of maritime sectors and sponsors. The multi-disciplinary, cross-border team was led by London-based asset finance...
July 5th, 2018 | Banking, Finance, Legal, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, July 05, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, July 05, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: European government bond yields, mainly of core countries and at the short end of the curve, were higher in early European trade on Thursday after a report conveyed that some ECB Governing Council members were uneasy about investors...
July 5th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, July 04, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, July 04, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: The compromise on migration between Chancellor Angela Merkel’s CDU party and its Bavarian sister party CSU foreseeing the creation of transit centers at the German-Austrian border, allowed Horst Seehofer to stay as Interior Minister...
July 4th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, July 03, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, July 03, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Horst Seehofer, the leader of Bavaria’s Christian Social Union (CSU) and Germany’s Interior Minister who offered to resign over the weekend after rejecting Chancellor Angela Merkel’s EU migration deal, told reporters yesterday...
July 3rd, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Monday, July 02, 2018)

Daily Overview of Global Markets & the SEE Region (Monday, July 02, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Escalating a dispute over migration with German Chancellor Angela Merkel that threatens to break the country’s CDU/CSU coalition, CSU Chairman and Interior Minister Horst Seehofer offered his resignation to party colleagues late on...
July 2nd, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, June 29, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, June 29, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: After marathon talks, European leaders reached a deal on migration in the early hours of Friday. Market reaction was positive. Major European bourses were firmer in early trading hours on Friday and the EUR/USD jumped to a session...
June 29th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, June 26, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, June 26, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Investors retained a cautious tone towards risk assets in early European trade on Tuesday amid rising worries over a full-blown trade war following the latest escalation of trade dispute between the US and its major trading partners....
June 26th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, June 25, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, June 25, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Trade frictions between the US and its major trading partners continued to escalate. According to Sunday’s US press reports, the US Treasury Department is crafting rules to: (i) bar firms with at least 25% Chinese ownership from...
June 25th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Video interviews from BDA Executive Forum New York

Video interviews from BDA Executive Forum New York
Hamilton, Bermuda, June 22, 2018 – Bermuda’s Premier, Minister of National Security and leaders of Bermuda’s global business sector highlighted the scope and opportunities of the island’s financial market during last month’s cross-industry forum in New York organised by...
June 22nd, 2018 | Events, Conferences,Forums and Symposiums, Finance, Insurance and Reinsurance, Marine Insurance, Safety and Security | Read More

Ince & Co’s landmark US$960 million transaction for longstanding client Golar LNG Limited.

Ince & Co’s landmark US$960 million transaction for longstanding client Golar LNG Limited.
Beatrice Russ, partner, Ince & Co Ince & Co’s London finance team advises Golar LNG on landmark US$960 million post-acceptance lease financing and delivery of FLNG Hilli Episeyo with CSSC Shipping International law firm Ince & Co LLP has advised long-standing client Golar LNG Limited on...
June 22nd, 2018 | Legal, LNG, Markets, Shipfinance | Read More

Daily Overview of Global Markets & the SEE Region (Friday, June 22, 2018)

Daily Overview of Global Markets & the SEE Region (Friday, June 22, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Fears over a full-blown global trade war and renewed political jitters in Italy kept German Bunds well supported in European trade on Friday. In FX markets, the DXY index retreated from Thursday’s seven-month high. The EUR/USD bounced...
June 22nd, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, June 21, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, June 21, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Eurozone government bonds retained a firm tone in European trade on Thursday supported by lingering concerns over an escalating trade dispute between the world’s two biggest economies, the ECB’s new dovish rate forward guidance...
June 21st, 2018 | Banking, Chartering, Dry Bulkcarriers, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Ireland: HSH finances wind farm and expansion of transformer station

Ireland: HSH finances wind farm and expansion of transformer station
Lars Quandel HAMBURG/KIEL HSH Nordbank is making available to its Irish client Seahound Wind Developments Limited long-term project finance of just under € 40 million to realise the Letteragh wind farm project in the west of the Irish Republic. The farm with its six wind energy plants of the Enercon...
June 19th, 2018 | Alternative Sources of Energy, Banking, Energy | Read More

New SEDNA Platform slashes transaction time and costs; provides new level of security

New SEDNA Platform slashes transaction time and costs; provides new level of security
… New version of transaction management platform saves companies millions of dollars through usability and speed efficiencies; reduces threat of cyber-attack through multi-factor authentication London, 18 June 2018 – SEDNA has launched a major update to its revolutionary transaction management...
June 18th, 2018 | Accountancy, Banking, IT and Communications, Marine Equipment Products and Services, Shipmanagement | Read More

Pilot project announced with Tufton Oceanic to optimise maintenance and reliability, whilst potentially delivering considerable savings.

Pilot project announced with Tufton Oceanic to optimise maintenance and reliability, whilst potentially delivering considerable savings.
Nick Brown, Marine & Offshore Director, Lloyd’s Register A strategic project is announced between Tufton Oceanic’s asset management company Oceanic Marine Management (OMM) and Lloyd’s Register (LR) in the area of maintenance optimisation and digital innovation. The project will cover the...
June 14th, 2018 | Shipfinance, Shipmanagement | Read More

Maritime Tech group part of Marine Money Week

Maritime Tech group part of Marine Money Week
Dr. Christopher Clott Tuesday June 19 MM Logo and MGTIC Logo Present Connecting and Catalyzing Promising Maritime Tech Developments in New York and the World Developing an Innovation Center for Maritime Technologies in New York NEW YORK- June 9, 2018- On Tuesday June 19th during Marine Money’s marathon...
June 11th, 2018 | Events, Conferences,Forums and Symposiums, Shipfinance | Read More

EU bank backs Marseille Fos projects in €50 million agreement

EU bank backs Marseille Fos projects in €50 million agreement
  Christine Cabau Woehrel and Ambroise Fayolle sign the €50 million agreement European Union institution the European Investment Bank (EIB) has renewed its partnership with leading French port Marseille Fos under a €50 million funding agreement to support five key development projects. The projects,...
May 31st, 2018 | Banking, Finance, News, Ports & Terminals, Shipfinance | Read More

HSH Nordbank finances the largest solar park in the Netherlands to date

HSH Nordbank finances the largest solar park in the Netherlands to date
Depiction of the Scaldia solar park © 2018 North Sea Port HAMBURG/KIEL HSH Nordbank is making available to IB Vogt GmbH EUR 41 million in long-term project finance for the construction and operation of the Scaldia solar park in the Netherlands. IB Vogt is developing the project in collaboration with...
May 30th, 2018 | Alternative Sources of Energy, Banking, Construction, Energy, Finance, News | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, May 29, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, May 29, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Uncertainty about US/China trade discussions continued to mount while yesterday’s newswires conveyed that the US President asked Commerce Secretary Wilbur Ross to start a national security investigation into car and truck imports....
May 29th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Thursday, May 24, 2018)

Daily Overview of Global Markets & the SEE Region (Thursday, May 24, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Uncertainty about US/China trade discussions continued to mount while yesterday’s newswires conveyed that the US President asked Commerce Secretary Wilbur Ross to start a national security investigation into car and truck imports....
May 24th, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Wednesday, May 23, 2018)

Daily Overview of Global Markets & the SEE Region (Wednesday, May 23, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Prompting a renewed bout of risk aversion, US President Donald Trump questioned a potential trade deal with China saying explicitly that he is not satisfied with how trade talks have gone so far.  Reduced risk appetite favored the...
May 23rd, 2018 | Banking, Finance, Markets, Reports, Shipfinance, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Tuesday, May 22, 2018)

Daily Overview of Global Markets & the SEE Region (Tuesday, May 22, 2018)
HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Mirroring the positive sentiment in Wall Street overnight, major European equity markets opened higher on Tuesday, benefitting from easing trade tensions between the US and China that agreed to have further talks to boost US agricultural...
May 22nd, 2018 | Banking, Finance, Reports, Shipfinance | Read More