Paying Their Due

Second only to the eternal question of where the freight markets will head these days is the question of whether the existing orderbook will be built and financed. Therefore we thought it worth a look at some recent newbuilding finance deals and some recent order cancellations to allow readers a chance to observe emerging trends firsthand – we welcome your feedback and input as well, so please feel free to drop us an email or give us a call if you have other views or deals you would like to discuss.

Written by: carisk | Categories: Freshly Minted, The Week in Review | August 7th, 2008 | Add a Comment

Surveying the Credit Markets

Marine Money has concluded the collection of data for its 2008 shipping banker survey and would like to sincerely thank all who have participated. We are currently concluding work on our annual shipping portfolio league table and would like to thank the following banks for their cooperation and contribution to the development of a transparent and well-informed ship finance industry: Bank of Ireland, Bank of Scotland, Bremer Landesbank, Calyon, Commerzbank, Danish Ship Finance, Danske Bank, Deutsche Bank, Deutsche Schiffsbank, DnB NOR, Dresdner Bank, DVB, Helaba, HSH Nordbank, HVB, JP Morgan, KfW, Lloyds TSB, Natixis, Nordea and RBS. If you don’t see your bank’s name on the list, think it belongs there, and haven’t been in touch with us this weekend, please send an email to nhuvane@marinemoney.com ASAP to ensure you are included. Both survey and portfolio data will be released in the upcoming May issue of Marine Money.

Written by: carisk | Categories: Freshly Minted, The Week in Review | May 8th, 2008 | Add a Comment

DVB Celebrates – Planes, Trains and Ships Turn Out

DVB sure throws a great party. The gang turned out in force to celebrate DVB’s five years of success in NYC. Wolfgang Driese, Chairman of the Board of DVB Bank, who knows how to give a good speech to a networking crowd, led the team from DVB, which also included Dagfinn Lunde, Sybren Hoekstra and Mr. Hoekstra’s NY team which just grows and grows. A crowd of owners and professionals did business and toasted DVB as the sun set outside the Sky Club atop the Met Life building. In attendance were Mike Hudner, the new treasurer of Crowley – Dan Warner, Ted Helms with Petrobras, Richard du Moulin and Mark Filanowski of Intrepid, Gary Vogel from VOC, Sean Durkin and Øivind Lorentzen with NFC, Seaspan’s Graham Porter, James Drakos of Groton Pacific, CIT’s Steve Serepca, Derick Betts, and Larry Rutkowski from Seward and Kissel, Poten and Partners out in numbers, Helaba’s Gerhard Winklmeier and a hundred others…congratulations.

Written by: carisk | Categories: Freshly Minted, The Week in Review | May 5th, 2005 | Add a Comment