Archive for the ‘Ship Finance’ Category

DVB posts consolidated net income before IAS 39 and taxes of EUR157.2 million – a 9.7% increase

Bertrand Grabowski, Wolfgang F. Driese and Dagfinn Lunde Frankfurt/Main, 7 March 2013 – DVB increased total income before allowance for credit losses by 5.1%, to EUR411.9 million (previous year: EUR391.9 million). Total income after allowance for credit losses amounted to EUR341.2 million, which corresponds...

March 8th, 2013 | Banking, Finance, News, Ship Finance, Shipfinance | Read More

Shipping in dire straights, but…

John Faraclas’ latest live interview to Panos Thomakos at SBC TV last Friday the 28th of September was on: 1.The state of the world shipping markets, 2.Capital Link’s successful 5th Annual International Shipping & Marine Services Forum in London 3.The situation in Greece vis-à-vis the Ministry,...

October 1st, 2012 | Breaking News, Markets, Ship Finance, Stock Markets, Trade and Commerce | Read More

Graig and GMI team up to deliver safe havens for shipping lenders

Hugh Williams The Cardiff-based Graig Group has teamed up with Global Maritime Investments to provide shipping lenders with tailor-made solutions for problematic shipping exposures. Working together the two groups will provide lenders with workout solutions, safe havens and exit routes for distressed...

July 18th, 2012 | Ship Finance, Shipmanagement | Read More

Ship Operating Costs: Current and Future Trends; Shipping Funds what’s next

Anthony D. Faraklas, President of the Propeller Club, Port of Piraeus at the podium The International Propeller Club of the United States, International Port of Piraeus, along with Moore Stephens, a leading international accounting and consulting association specialized in marine affairs,...

December 12th, 2011 | Accountancy, Clubs, Events, News, Ship Finance, Shipmanagement | Read More

Jörg Arndt leaving HSH Nordbank on the best of terms

After 29 years of service to the Bank, Jörg Arndt, Head of the Group Treasury Business Unit, has asked the Management Board to release him from his contract so that he can apply himself to new professional work. The Management Board has granted his request and Mr. Arndt will leave the Bank tomorrow 15...

November 14th, 2011 | News, People and Places, Ship Finance | Read More