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	<title>Marine Money Archives &#187; Commentary</title>
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	<description>The Ship Finance Publication Of Record</description>
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		<title>Crisis Management for Mortgagees-Part III</title>
		<link>http://www.marine-money.com/archive/crisis-management-for-mortgagees-part-iii</link>
		<comments>http://www.marine-money.com/archive/crisis-management-for-mortgagees-part-iii#comments</comments>
		<pubDate>Mon, 16 Jan 2012 04:02:28 +0000</pubDate>
		<dc:creator>rwong</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Commentary]]></category>

		<guid isPermaLink="false">http://www.marine-money.com/?p=11848</guid>
		<description><![CDATA[This is the third and final article in a three-part series examining loan enforcement and judicial sale of vessels.  In the first two articles, Norton Rose (Asia) LLP partners, Ben Rose and Robert Driver looked at preparations and options for enforcement and vessel arrest and judicial sale. The third and final article is contributed by Manish [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Dongfang Shipbuilding Hit by Cancellations</title>
		<link>http://www.marine-money.com/archive/dongfang-shipbuilding-hit-by-cancellations</link>
		<comments>http://www.marine-money.com/archive/dongfang-shipbuilding-hit-by-cancellations#comments</comments>
		<pubDate>Mon, 16 Jan 2012 03:42:51 +0000</pubDate>
		<dc:creator>rwong</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Dongfang Shipbuilding]]></category>

		<guid isPermaLink="false">http://www.marine-money.com/?p=11846</guid>
		<description><![CDATA[The lack of financing has hit the orderbook of London AIM listed Dongfang Shipbuilding, casting doubts on the future of the Chinese shipbuilder. Two of its largest contracts, worth USD 52.6 million, were cancelled after the shipyard failed to secure the required banking finance and performance bonds. In a statement to the stock exchange, Dongfang [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Counter Cyclical Lending</title>
		<link>http://www.marine-money.com/archive/counter-cyclical-lending</link>
		<comments>http://www.marine-money.com/archive/counter-cyclical-lending#comments</comments>
		<pubDate>Mon, 16 Jan 2012 03:16:34 +0000</pubDate>
		<dc:creator>rwong</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Markets]]></category>

		<guid isPermaLink="false">http://www.marine-money.com/?p=11826</guid>
		<description><![CDATA[Subscribers and friends of Marine Money will long have heard bankers talking about counter cyclical lending. That great opportunity that comes along during each down cycle where banks can lend against depressed asset prices and then sit back and relax as the market improves and the loan to asset ratio reduces and reduces. What bliss. [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Crisis Management for Mortgagees—Part II</title>
		<link>http://www.marine-money.com/archive/crisis-management-for-mortgagees%e2%80%94part-ii</link>
		<comments>http://www.marine-money.com/archive/crisis-management-for-mortgagees%e2%80%94part-ii#comments</comments>
		<pubDate>Tue, 03 Jan 2012 02:45:20 +0000</pubDate>
		<dc:creator>rwong</dc:creator>
				<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Norton Rose]]></category>

		<guid isPermaLink="false">http://www.marine-money.com/?p=11432</guid>
		<description><![CDATA[This is the second in a series of three articles examining loan enforcement and judicial sale of vessels. In the first article, Norton Rose (sia) LLP partners Ben Rose and Robert Driver looked at preparations and common ptions for enforcement. This article looks specifically at vessel arrest and judicial sale, focusing in particular on the [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Crisis Management for Mortgagees</title>
		<link>http://www.marine-money.com/archive/crisis-management-for-mortgagees</link>
		<comments>http://www.marine-money.com/archive/crisis-management-for-mortgagees#comments</comments>
		<pubDate>Tue, 20 Dec 2011 06:34:24 +0000</pubDate>
		<dc:creator>rwong</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Norton Rose]]></category>

		<guid isPermaLink="false">http://www.marine-money.com/?p=11416</guid>
		<description><![CDATA[By Ben Rose and Robert Driver, Norton Rose (Asia) LLP In recent months the shipping markets have witnessed an increase in the number of troubled loans. Some owners and mortgagees have managed to agree terms for rescheduling. Where this has not been possible, mortgagees have considered enforcement. In the past, they have favoured judicial sale [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<title>Notes from Japan: Sailing into Sunset Waters</title>
		<link>http://www.marine-money.com/archive/notes-from-japan-sailing-into-sunset-waters</link>
		<comments>http://www.marine-money.com/archive/notes-from-japan-sailing-into-sunset-waters#comments</comments>
		<pubDate>Tue, 20 Dec 2011 06:02:12 +0000</pubDate>
		<dc:creator>rwong</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Aozora Bank]]></category>
		<category><![CDATA[Japan]]></category>
		<category><![CDATA[Mizhou Bank]]></category>
		<category><![CDATA[Mizhou Corporate Bank]]></category>
		<category><![CDATA[Mizhuo Financial Group]]></category>

		<guid isPermaLink="false">http://www.marine-money.com/?p=11405</guid>
		<description><![CDATA[Three years of bullish yen have exacerbated the woes of Japanese shipowners who are already struggling with the weak shipping market and soaring operating costs. In the aftermath of the earthquake and tsunami, yen has soared to near record highs amid Europe’s debt issues and uncertainties around United States’ economic recovery. While it may appear [...]]]></description>
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		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Shipping in Australia: A Level Playing Field?</title>
		<link>http://www.marine-money.com/archive/shipping-in-australia-a-level-playing-field</link>
		<comments>http://www.marine-money.com/archive/shipping-in-australia-a-level-playing-field#comments</comments>
		<pubDate>Tue, 22 Nov 2011 06:10:07 +0000</pubDate>
		<dc:creator>rwong</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Norton Rose]]></category>

		<guid isPermaLink="false">http://www.marine-money.com/?p=11225</guid>
		<description><![CDATA[Contributed by Jacqueline Bell and Andrew Hopkins, Norton Rose (Asia) LLP The Australian government has recently announced an ambitious set of policy reforms aimed at reinvigorating the dwindling Australian shipping industry. At headline level the reforms are certainly promising and appear to have been generally well received by the players in the Australian shipping market.  [...]]]></description>
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		<slash:comments>0</slash:comments>
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		<item>
		<title>AIM – an alternative means of raising capital</title>
		<link>http://www.marine-money.com/archive/aim-%e2%80%93-an-alternative-means-of-raising-capital</link>
		<comments>http://www.marine-money.com/archive/aim-%e2%80%93-an-alternative-means-of-raising-capital#comments</comments>
		<pubDate>Tue, 22 Nov 2011 05:57:57 +0000</pubDate>
		<dc:creator>rwong</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Commentary]]></category>
		<category><![CDATA[Watson Farley & Williams LLP]]></category>

		<guid isPermaLink="false">http://www.marine-money.com/?p=11218</guid>
		<description><![CDATA[Contributed by Nicholas Hanna, Watson, Farley and Williams Asia Practice LLP In the current market conditions, shipping companies are struggling to obtain much needed debt finance. Banks are undoubtedly more inclined to lend to large, less-risky companies with strong track records. This results in a gap in the funding of small to medium sized companies [...]]]></description>
		<wfw:commentRss>http://www.marine-money.com/archive/aim-%e2%80%93-an-alternative-means-of-raising-capital/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Best Time to Order Ships: It’s a Matter of Perspective</title>
		<link>http://www.marine-money.com/archive/best-time-to-order-ships-it%e2%80%99s-a-matter-of-perspective</link>
		<comments>http://www.marine-money.com/archive/best-time-to-order-ships-it%e2%80%99s-a-matter-of-perspective#comments</comments>
		<pubDate>Tue, 22 Nov 2011 05:30:07 +0000</pubDate>
		<dc:creator>rwong</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Commentary]]></category>
		<category><![CDATA[China Ship Fund]]></category>
		<category><![CDATA[Tiger Investments]]></category>
		<category><![CDATA[U-Ming Marine Transport Corp]]></category>

		<guid isPermaLink="false">http://www.marine-money.com/?p=11200</guid>
		<description><![CDATA[One of the most frequently discussed subjects in most, or if not all of Marine Money’s conferences is on whether the shipping industry’s messes are of its own making, largely due to the irrational behavior of shipowners, who are prone to ordering vessels at the peak of the market and creating a capacity glut. During [...]]]></description>
		<wfw:commentRss>http://www.marine-money.com/archive/best-time-to-order-ships-it%e2%80%99s-a-matter-of-perspective/feed</wfw:commentRss>
		<slash:comments>0</slash:comments>
		</item>
		<item>
		<title>Recent Developments in LNG Market and Opportunities for PRC Players</title>
		<link>http://www.marine-money.com/archive/recent-developments-in-lng-market-and-opportunities-for-prc-players</link>
		<comments>http://www.marine-money.com/archive/recent-developments-in-lng-market-and-opportunities-for-prc-players#comments</comments>
		<pubDate>Mon, 07 Nov 2011 08:35:53 +0000</pubDate>
		<dc:creator>rwong</dc:creator>
				<category><![CDATA[Asia]]></category>
		<category><![CDATA[Commentary]]></category>

		<guid isPermaLink="false">http://www.marine-money.com/?p=11190</guid>
		<description><![CDATA[Contributed by Fei Kwok, Of Counsel, Norton Rose LLP An Overview of Current LNG Market After more than 60 years of effort by innovative industrialists, liquefied natural gas (LNG) has become one of the dominant clean fuels in the global energy market. By the end of 2010, there were 12 LNG producing countries and 11 [...]]]></description>
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