http://www.marine-money.com The Ship Finance Publication Of Record Mon, 16 Jan 2012 04:04:51 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 http://www.marine-money.com/archive/more-normal http://www.marine-money.com/archive/more-normal#comments Thu, 09 Jul 2009 16:52:28 +0000 carisk http://marine-money.com/?p=6093 Dealogic released its first half tables on Wednesday and they resembled, at least in terms of names, what we more typically expect, particularly in the case of the bookrunner table. Nevertheless, the newcomers from the 1st quarter did retain positions on the leader board. Total deal value grew to $17.5 billion comprised of 50 deals, versus the year earlier $43.1 billion comprised of 165 deals, continuing an expected trend. However on a quarter over quarter comparison, transaction volume declined a substantial 47.3% this year marking an even more worrisome trend. The top 20 bookrunner table underwent the most change]]> http://www.marine-money.com/archive/more-normal/feed 0 http://www.marine-money.com/archive/global-ship-lease-continues-to-struggle-with-ltv http://www.marine-money.com/archive/global-ship-lease-continues-to-struggle-with-ltv#comments Thu, 02 Jul 2009 16:51:14 +0000 carisk http://marine-money.com/?p=6091 Global Ship Lease (“GSL”) remains in default of the loan to value covenant in its $800 million credit facility with Fortis, Citi, HSH Nordbank, SMBC, KfW, DnB Nor and Bank of Scotland. As of December 31st, there was $542.1 million outstanding under the facility. Among the many restrictive covenants, the company has breached and sought waivers from the banks for the LTV test, which provides for a maximum leverage of 75%. Directly impacted by the economic recession, demand for liner services and therefore containerships collapsed last year. Consequently, there has been a dramatic decline in values and de]]> http://www.marine-money.com/archive/global-ship-lease-continues-to-struggle-with-ltv/feed 0 http://www.marine-money.com/archive/the-week-in-review-15 http://www.marine-money.com/archive/the-week-in-review-15#comments Thu, 08 May 2008 20:38:27 +0000 carisk http://marine-money.com/?p=5858 Caterpillar Financial Services this week entered into an agreement to increase Aker Philadelphia Shipyard’s credit line by $150 million. Under the agreement, Caterpillar will fund up to $80]]> http://www.marine-money.com/archive/the-week-in-review-15/feed 0 http://www.marine-money.com/archive/surveying-the-credit-markets http://www.marine-money.com/archive/surveying-the-credit-markets#comments Thu, 08 May 2008 12:22:05 +0000 carisk http://marine-money.com/?p=3619 http://www.marine-money.com/archive/surveying-the-credit-markets/feed 0 http://www.marine-money.com/archive/rbs-leads-bp-to-800m-uk-tax-lease-deal-for-lng-ships http://www.marine-money.com/archive/rbs-leads-bp-to-800m-uk-tax-lease-deal-for-lng-ships#comments Thu, 21 Apr 2005 17:43:53 +0000 carisk http://marine-money.com/?p=7995 http://www.marine-money.com/archive/rbs-leads-bp-to-800m-uk-tax-lease-deal-for-lng-ships/feed 0 http://www.marine-money.com/archive/book-runner-league-tables-2q03-%e2%80%93-so-far-so-good http://www.marine-money.com/archive/book-runner-league-tables-2q03-%e2%80%93-so-far-so-good#comments Mon, 01 Sep 2003 10:43:14 +0000 carisk http://marine-money.com/?p=2980 http://www.marine-money.com/archive/book-runner-league-tables-2q03-%e2%80%93-so-far-so-good/feed 0