Latest News for: Shipping loan

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Yudhishthir Khatau poised to stage a comeback into shipping

Business Line 19 Oct 2021
The shipping business of Khatau-led erstwhile Varun Shipping Co Ltd, once India’s biggest liquefied petroleum gas (LPG) ship operator, was transferred to Varun Resources along with the loans pertaining to the ships, while its ship management business was vested in Varun Global, ...
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Shipping industry faces ESG heat from lenders

Reuters 19 Oct 2021
Standard Chartered (STAN.L) has already provided loans linked to sustainability targets for drilling group Odfjell and the shipping division of Oman's Asyad Group, the bank has said ... Leading shipping financiers currently provide close to $300 billion of lending to the industry annually, analysts estimate.
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Demise of LIBOR creates uncertainty

Splash24/7 19 Oct 2021
Dagfinn Lunde on what owners ought to expect when it comes to paying interest on their loans. What an amazing year 2021 is turning out for most in shipping (with apologies to tanker owners, still crying into their flat beer) ... Enough LIBOR conjecture, back to the bigger picture of ship finance.
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Berenberg sets up two new shipping funds

Splash24/7 18 Oct 2021
Berenberg said that both funds enable investors to make broadly diversified investments in senior secured corporate or ship mortgage loans starting at mid-single-digit million amounts and are intended to continue the successful history of the already existing funds ... Ship loans ...
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Berenberg launches ship mortgage funds to bring debt portfolio to $5.8bn

Tradewinds 18 Oct 2021
... two new funds aimed at the ship mortgage loan market.
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Shah Rukh Khan sends ₹4,500 money order for son Aryan Khan in Arthur Road jail

Live Mint 15 Oct 2021
As per the rule, a prisoner can receive a money order of maximum ₹4,500 for their expenses in jail ... MD  ... A total of 20 people, including two Nigerian nationals, have been arrested so far in the case related to the seizure of drugs following a raid at a party on the Cordelia cruise ship ... Premium Cheap home loans aren't for everyone ... .
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CIT Serves as Sole Lead Arranger on $26.5 Million Maritime Financing

The Salamanca Press 14 Oct 2021
CIT) today announced that its Maritime Finance�business served as sole lead arranger on $26.5 million in senior secured financing on behalf of Queen Esther Shipping Limited. The loan is secured by the Queen Esther, a modern container ship operated by a joint venture led by Lomar Corporation Limited, a longtime CIT client.
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NJ Lenders to roll out HomeBinder home management platform

Rocky Mount Telegram 14 Oct 2021
We used to create literal binders to collate loan documents, insurance info and contact information for the loan officer, Realtor and attorney and then ship them out via UPS ... Founded in 1991, the company currently originates first and second mortgage loans in NJ, NY, CT, MA, PA, DE, DC, VA, MD, NC, GA, TN, TX, CO and FL.
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Farmers blame black marketing, hoarding of fertilizer as MP govt preps to invoke NSA

Hindustan Times 14 Oct 2021
State officials and experts said the major reasons behind the crisis are changes in crop pattern, black marketing and farmers defaulting on loan repayments. Farmers are eligible for fertilizer from the government at subsidised rates only if they have repaid loans ... shipped there).
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Farmers loot fertilisers amid shortage in MP, govt to invoke NSA against hoarders

Hindustan Times 14 Oct 2021
State officials and experts said the major reasons behind the crisis are changes in crop pattern, black marketing and farmers defaulting on loan repayments. Farmers are eligible for fertilizer from the government at subsidised rates only if they have repaid loans ... shipped there).
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Kevin De Bruyne and Mohamed Salah were MORE THAN good enough for Chelsea - but ...

The Daily Mail 12 Oct 2021
Former head of the loan department Eddie Newton (right) says the same issue hurt Mo Salah ... Prior to being shipped out on loan to Fiorentina in Italy - having made just three appearances in the Premier League - Mourinho publicly criticised the Egyptian following a League Cup game against Shrewsbury Town.
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Newcastle transfer news: Trio of Real Madrid and Barcelona players on Magpies shortlist

FourFourTwo 11 Oct 2021
But there is a risk that their best years are behind them – Bale is 32 and Coutinho turns 30 at the end of the season ... Jovic has a longer-term commitment to Real, with a deal until 2025, but he was shipped back to Eintracht Frankfurt on loan for the second half of last season and remains out of favour this term under new boss Carlo Ancelotti ... ....
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Banks in Nigeria go after indigenous ship-owners following cancellation of CVFF disbursement

Hellenic Shipping News Worldwide 10 Oct 2021
FINDINGS have revealed that some commercial banks who had granted some ...
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Cerberus collects $631m on German shipping loans housed in Dublin firm

The Irish Times 09 Oct 2021
One Cerberus company, Promontoria Big Ben, which is registered to the Dublin offices of a trust company, is used to hold a €2.7 billion portfolio of shipping loans acquired from Norddeutsche Landesbank Girozentrale, one of the largest commercial banks in Germany.
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