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/cautious-mood-at-marine-money-asia-week-singapore http://www.marine-money.com/archive/cautious-mood-at-marine-money-asia-week-singapore#comments Fri, 07 Oct 2011 02:39:01 +0000 rwong http://www.marine-money.com/?p=10567 http://www.marine-money.com/archive/cautious-mood-at-marine-money-asia-week-singapore/feed 0 http://www.marine-money.com/archive/taking-control-%e2%80%93-seanergy-buys-out-the-%e2%80%9cminorities%e2%80%9d http://www.marine-money.com/archive/taking-control-%e2%80%93-seanergy-buys-out-the-%e2%80%9cminorities%e2%80%9d#comments Thu, 02 Sep 2010 21:07:36 +0000 marinemoney http://www.marine-money.com/?p=9568 http://www.marine-money.com/archive/taking-control-%e2%80%93-seanergy-buys-out-the-%e2%80%9cminorities%e2%80%9d/feed 0 http://www.marine-money.com/archive/done http://www.marine-money.com/archive/done#comments Thu, 03 Jun 2010 18:19:04 +0000 carisk http://www.marine-money.com/?p=9222 http://www.marine-money.com/archive/done/feed 0 http://www.marine-money.com/archive/following-a-successful-strategy http://www.marine-money.com/archive/following-a-successful-strategy#comments Thu, 06 May 2010 14:50:50 +0000 carisk http://marine-money.com/?p=8948 http://www.marine-money.com/archive/following-a-successful-strategy/feed 0 http://www.marine-money.com/archive/the-market-speaks http://www.marine-money.com/archive/the-market-speaks#comments Thu, 04 Feb 2010 20:23:17 +0000 carisk http://marine-money.com/?p=8578 http://www.marine-money.com/archive/the-market-speaks/feed 0 http://www.marine-money.com/archive/don%e2%80%99t-forget-follow-ons http://www.marine-money.com/archive/don%e2%80%99t-forget-follow-ons#comments Thu, 14 Jan 2010 18:28:55 +0000 carisk http://marine-money.com/?p=7740 http://www.marine-money.com/archive/don%e2%80%99t-forget-follow-ons/feed 0 http://www.marine-money.com/archive/seanergy-extends http://www.marine-money.com/archive/seanergy-extends#comments Thu, 19 Nov 2009 16:03:49 +0000 carisk http://marine-money.com/?p=7675 http://www.marine-money.com/archive/seanergy-extends/feed 0 http://www.marine-money.com/archive/waived http://www.marine-money.com/archive/waived#comments Thu, 15 Oct 2009 15:41:36 +0000 carisk http://marine-money.com/?p=6380 Seanergy Maritime Holdings announced that it 50% owned affiliate, Bulk Energy Transport (Holdings) Limited had signed a supplemental agreement with its lenders receiving a reduction of the security requirement and minimum equity ratio for the period up to July 1, 2010. DryShips also announced that it had finalized its previously agreed waivers with the German banks, Nord LB and West LB covering their respective loans of $116 million and $67 million. According to Mr. Economou, “We are now left with $187.5 million of outstanding debt]]> http://www.marine-money.com/archive/waived/feed 0 http://www.marine-money.com/archive/not-even-the-young-are-immune http://www.marine-money.com/archive/not-even-the-young-are-immune#comments Thu, 26 Mar 2009 14:47:44 +0000 carisk http://marine-money.com/?p=5328 Seanergy Maritime Holdings also reported 4thQ and year-end 2008 results. During September, the company took delivery of the bulk of its fleet of six vessels, consisting of two Panamax, two Supramax and two Handysize vessels. During this quarrter, the company took a non-cash impairment charge of $49.3 million against goodwill ($44.8) and one vessel ($4.5) reflecting declining asset values. This, in turn, required a waiver of the breach of the company’s LTV covenant by the banks, with the quid pro quo being the suspension of the dividend. Nevertheless, Seanergy is well positioned with cash reserves of $44 million as of today in addition to locked-in above market revenues through September 2009. The company is the beneficiary of a somewhat incestuous relationship]]> http://www.marine-money.com/archive/not-even-the-young-are-immune/feed 0 http://www.marine-money.com/archive/waivers-and-more-waivers http://www.marine-money.com/archive/waivers-and-more-waivers#comments Thu, 12 Feb 2009 16:10:28 +0000 carisk http://marine-money.com/?p=5149 DRYS Better Half This week]]> http://www.marine-money.com/archive/waivers-and-more-waivers/feed 0