Archive for the ‘Shipfinance’ Category

Globus Maritime Limited Reached an Agreement with Two of its Lenders

Globus Maritime Limited Reached an Agreement with Two  of its Lenders
Globus Maritime Limited Reached an Agreement with Two  of its Lenders Athens, Greece, April 27 2016,  Globus Maritime Limited (the “Company” or ”Globus”) (NASDAQ: GLBS), a dry bulk shipping company, announced today that it has come into an  agreement with two of its lenders. Globus announced...
April 27th, 2016 | Banking, Shipfinance | Read More

5-17 what another “coincidental” figure for the BDI…

5-17 what another “coincidental” figure for the BDI…
John Faraclas With 17 points plus the BDI closed earlier this afternoon at 517 points, “thanks” to the otherwise  volatile and unpredictable” Capers who “stole” the show… John Faraclas reports on the Shipping Markets latest projections and Geopolitics affecting same for both...
April 7th, 2016 | Associations, Charity, Corruption, Immigration, Markets, Military, News, Organisations, Ports & Terminals, Shipfinance | Read More

Marine Money Geneva Forum 2016

Marine Money Geneva Forum 2016
In what is one of the most challenging environments in history for the shipping and trading industries, Marine Money International together with Anchor Sponsor KMARIN look forward to welcoming you to our 4th annual Marine Money Geneva Forum onWednesday, 29th June 2016 at the Hotel President Wilson,...
April 6th, 2016 | Associations, Banking, Events, Conferences,Forums and Symposiums, Shipfinance | Read More

EURONAV NV publishes its annual report 2015

EURONAV NV publishes its annual report 2015
ANTWERP, Belgium, 5 April 2015 – Euronav NV (NYSE: EURN & Euronext: EURN) (“Euronav” or the “Company”) today published its annual report for the year 2015 as required under Belgian law applicable to companies listed on Euronext Brussels (the “Annual Report”). The Annual Report is...
April 5th, 2016 | Accountancy, Banking, Company Profiles, Reports, Shipfinance, Shipmanagement, Statistics, Stock Markets | Read More

Diana’s ships purchase latest activities

Diana’s ships purchase latest activities
DIANA SHIPPING INC. ANNOUNCES SIGNING AND DRAWDOWN OF A US$25, 755, 000 TERM LOAN FACILITY WITH ABN AMRO – DEVELOPMENTS RELATED TO THE PURCHASE OF M/V MANZONI  ATHENS, GREECE, March 31, 2016 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the...
March 31st, 2016 | Company Profiles, Dry Bulkcarriers, Markets, News, Sales and Purchases, Shipfinance, Stock Markets | Read More

Diana announces panamax acquisition m/v Selina and caper size period t/c m/v Norfolk

Diana announces panamax acquisition m/v Selina and caper size period t/c m/v Norfolk
DIANA SHIPPING INC. ANNOUNCES DELIVERY OF THE PANAMAX DRY BULK VESSEL M/V SELINA TIME CHARTER CONTRACT FOR M/V NORFOLK WITH SWISSMARINE  ATHENS, GREECE, March 24, 2016 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels,...
March 24th, 2016 | Chartering, Company Profiles, Dry Bulkcarriers, Fixtures, Markets, Sales and Purchases, Shipfinance, Statistics, Stock Markets | Read More

Diana announces developments related to the purchase of three panamaxes

Diana announces developments related to the purchase of three panamaxes
DIANA SHIPPING INC. ANNOUNCES DEVELOPMENTS RELATED TO THE PURCHASEOF THREE PANAMAX VESSELS  ATHENS, GREECE, March 22, 2016 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that the aggregate purchase...
March 22nd, 2016 | Banking, Company Profiles, Dry Bulkcarriers, Markets, News, Sales and Purchases, Shipfinance, Stock Markets | Read More

BDI’s …upwards rally ends with a three points down mark

BDI’s …upwards rally ends with a three points down mark
John Faraclas The BDI closed three points standing at 393 prompting many discussions not just in the Square Mile, but even far beyond! John Faraclas’ mid-week market and geopolitics recapitulation. The most volatile of all indices, that of the Capers (BCI 2014) lost 14 points (172). The Panamaxes and...
March 16th, 2016 | Energy, Markets, News, Piracy and Terrorism, Shipfinance, Shipping Indices, Statistics | Read More

At 393 the BDI has a long way to go…

At 393 the BDI has a long way to go…
John Faraclas An overall plus day for all the Baltic indices; the BDI plus five, the Capers at 179 (plus three), the BPI plus four at 481, the Supras on a plus seven points standing at 427 points and the BHSI on plus three clocking 252 points gave a promising start for this week. The Wets too with the...
March 14th, 2016 | Energy, Events, Conferences,Forums and Symposiums, Exhibitions, Liner Shipping and Trade, LNG, Markets, Oil Industry, Reefer ships, Sales and Purchases, Ship Demolitions, Shipfinance, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

GPA’s 4th anniversary; charity at its best!

GPA’s 4th anniversary; charity at its best!
Martha Chryssomalis with the Greek Ambassador Constantinos Bikas cutting the cake – picture by Katerina Kalogeraki What a gathering that was last night at the at the chic West End restaurant Dstrkt inLondon! Under the auspices of the Greek Ministry of Economy, Development & Tourism, just over...
March 11th, 2016 | Academia, Anniversaries, Associations, Banking, Charity, Energy, Finance, HR, Shipfinance | Read More

Capers suffer yet another low with the BCI@171

Capers suffer yet another low with the BCI@171
John Faraclas The BDI gained just another three points today closing at 335, but the Capers made the headlines! Very low levels for expensive tonnage with hopes dashed… The Panamaxes gained seven, now standing at 364 and the Supras clinched another five clocking 350. The BHSI was also three points...
March 2nd, 2016 | Alternative Sources of Energy, Associations, Banking, Consumers Market, Energy, Environment, Events, Conferences,Forums and Symposiums, Markets, Shipfinance | Read More

At least the BDI is “positive” and “gaining” momentum…

At least the BDI is “positive” and “gaining” momentum…
John Faraclas With two points plus the BDI ended an “upwards” rally closing the week at 327 points, that is an overall of  14 points plus since last week’s 313 points; not…bad eh! It could have been worse…  John Faraclas comments:  The Capers have the stigma of volatility and rightly so;...
February 26th, 2016 | Energy, Markets, Shipfinance, Shipping Indices, Statistics, Stock Markets | Read More

Daily Overview of Global Markets & the SEE Region (Friday, February 26, 2016)

Daily Overview of Global Markets & the SEE Region (Friday, February 26, 2016)
Dr. Platon Monokroussos, Chief Market Economist, Deputy General Manager, Eurobank Ergasias S.A HIGHLIGHTS WORLD ECONOMIC & MARKET DEVELOPMENTS GLOBAL MARKETS: Eurozone January’s CPI inflation was revised downward and inflation expectations dropped to a fresh record low, supporting the view for...
February 26th, 2016 | Banking, Company Profiles, Finance, Markets, Person Profiles, Reports, Shipfinance, Statistics, Stock Markets | Read More

9th Annual Marine Money Hong Kong Ship Finance Forum 2016 – developing agenda

9th Annual Marine Money Hong Kong Ship Finance Forum 2016 – developing agenda
News on the forthcoming Marine Money Forum: 9th Annual Hong Kong Ship Finance Forum – Thursday, April 7, 2016 Renaissance Harbour View Hotel, Hong Kong China’s economy is slowing. Japanese, European and U.S. central banks are implementing diverging policies. The BDI has hit all-time lows....
February 26th, 2016 | Events, Conferences,Forums and Symposiums, Shipfinance | Read More

Deep down @ 325 the BDI continues to be attractive… but geopolitics are scary!

Deep down @ 325 the BDI continues to be attractive… but geopolitics are scary!
John Faraclas Once again the low levels and uncertainty prevails with the BDI“gaining” three points thanks to the Supras’ 11 points plus …AND the Handies’  three points! John Faraclas happily writes: The Capers lost four points, now standing at 182 and the Panamaxes remained flat with the...
February 25th, 2016 | Associations, Chartering, Containers, Energy, Markets, Oil Industry, Sales and Purchases, Ship Demolitions, Ship Finance, Shipfinance, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

DVB achieved consolidated net income for 2015 which was still satisfactory overall

DVB achieved consolidated net income for 2015 which was still satisfactory overall
Ralf Bedranowsky Frankfurt/Main,  25 February 2016 – DVB Bank SE (ISIN DE0008045501) generated consolidated net income after taxes of EUR45.6 million (previous year: EUR79.1 million), providing financing solutions and advisory services to its clients in the international transport sector. Ralf...
February 25th, 2016 | Banking, Company Profiles, Finance, Reports, Shipfinance | Read More

The attractive low BDI now makes waves…

The attractive low BDI now makes waves…
John Faraclas Amidst the economic and geopolitical turmoil one should not lose the appetite for gains; John Faraclas explains: With plus four points, the BDI at 322 is more than an attractive component to invest if you are capable these turbulent days the world of trade and transport lives! The Capers...
February 24th, 2016 | Academia, Associations, Canals, Comment, Containers, Dry Bulkcarriers, Energy, Featured, Holidays, HR, Immigration, Inland Waterways, Liner Shipping and Trade, LNG, Markets, Military, Mining, News, Oil Industry, Reefer Containers, Reefer ships, Sales and Purchases, Ship Demolitions, Shipbuilding and Shipyards, Shipfinance, Shipmanagement, Shipping Indices, Short-sea shipping, Statistics, Stock Markets, Tankers, Tourism, Trade and Commerce | Read More

Managing Cyber Risk in the Financial Sector…

Managing Cyber Risk in the Financial Sector…
Prof. Ruth Taplin Managing Cyber Risk in the Financial Sector: new book edited by Ruth Taplin urges wide-ranging response to crime that costs businesses $500bn a year By James Brewer As Professor Ruth Taplin flatly states in her introductory chapter to the new book she has edited, the question of cyber...
February 23rd, 2016 | Banking, Books, Communication, Corruption, Finance, Safety and Security, Shipfinance | Read More

DVB Bank to strengthen its Shipping Management Team…

DVB Bank to strengthen its Shipping Management Team…
Ingmar Loges DVB Bank to strengthen its Shipping Management Team with the appointment of Ingmar Loges Frankfurt/Main,  23 February 2016 – Ingmar Loges (52) will join DVB’s Global Shipping Management Team as Co-Division Head with effect from 15 April 2016. In line with the Bank’s...
February 23rd, 2016 | Banking, Company Profiles, HR, Person Profiles, Shipfinance | Read More

Norton Rose Fulbright advises on US$1.12 billion Angola FPSO financing for Bumi Armada

Norton Rose Fulbright advises on US$1.12 billion Angola FPSO financing for Bumi Armada
Ben Rose Global law firm Norton Rose Fulbright has advised Standard Chartered Bank, Singapore as documentation bank on behalf of a syndicate of lenders on the US$1, 119, 702, 500 limited recourse project financing of the “Armada Olombendo” floating production, storage and offloading vessel (FPSO)...
February 23rd, 2016 | Banking, Energy, Finance, Legal, Markets, News, Shipfinance | Read More

Last Call: To hear Iranian officials & Chinese finance entities at Marine Money Gulf Ship Finance Forum

Last Call: To hear Iranian officials & Chinese finance entities at Marine Money Gulf Ship Finance Forum
Kevin Oates and Mia Jensen Last Call: To hear Iranian officials & Chinese finance entities at Marine Money Gulf Ship Finance Forum, 3 March 2016 This is the Last Call for Registration for next week’s Marine Money Gulf Ship Finance Forum. EVENT PROGRAM includes senior Iranian officials and major...
February 22nd, 2016 | Events, Conferences,Forums and Symposiums, Shipfinance | Read More

Partnering with NASDAQ

Partnering with NASDAQ
Over the last three weeks – as many of our followers will have noticed on this site – a great partnership has begun between two global leaders in their specialised fields of business on Planet Ocean: NASDAQ and Allaboutshipping.  Both entities and their respective platforms are more than well known...
February 21st, 2016 | Communication, Energy, Markets, News, Shipfinance, Statistics, Stock Markets, Trade and Commerce | Read More

Continuous uncertainty keeps the markets stranded

Continuous uncertainty keeps the markets stranded
John Faraclas Despite the plus three and the 24 points since last week (BDI@291) the Baltic Dry Index standing  today at 315 gives you the picture of the actual situation prevailing in the shipping markets. John Faraclas recaps the market: The two main drivers of the Dry Market, namely the Capers (BCI...
February 19th, 2016 | Markets, Sales and Purchases, Ship Demolitions, Shipfinance, Shipping Indices, Statistics | Read More

Propeller Club, International Port of Piraeus, honours Nicolas Bornozis

Propeller Club, International Port of Piraeus, honours Nicolas Bornozis
Nicolas Bornozis at the podium delivering his speech The Greeks have an exceptionally powerful word when it comes to glorify somebody for his unique and monumental success: apotheosis*! At a full house at Mikrolimano’s Yacht Club of Greece last night, the president and Governors of the Propeller Club...
February 19th, 2016 | Anniversaries, Associations, Awards, Banking, Charity, Clubs, Company Profiles, Consulting, Corporate Social Responsibility, Events, Conferences,Forums and Symposiums, Person Profiles, Shipfinance, Stock Markets | Read More

The Markets still on a slow motion and uncertainty!

The Markets still on a slow motion and uncertainty!
John Faraclas Can we hope for better days in the Shipping markets? John Faraclas explains in brief the situation: With the BDI up six points today at 307 the mood in the City wasn’t the one expected and rightly so. We are far below any level to “trigger” any optimism whatsoever! Why? Well look...
February 17th, 2016 | Breaking News, Energy, Markets, Reports, Shipfinance | Read More