Ship Mortgage

Latest News for: Ship mortgage

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Real estate firm booked for cheating homebuyers by mortgaging their property

Hindustan Times 09 Jun 2023

Real estate firm booked for cheating homebuyers by mortgaging their property ... Investigators said after getting the rights of the properties, Ninex mortgaged them to a large Delhi-based business group which is into 10 different fields including shipping, manufacturing, real estate, research and technology, education and others.

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How to get new Detroit Lions 2023 Training Camp apparel from Fanatics

Michigan Live 31 May 2023

Fanatics has deals on flex hats, fitted hats, visors, T-shirts and hoodies. In addition, Fanatics has up to 70% off select Detroit Lions clearance items. Most items ship within 2 days. Detroit Lions Training Camp 2023 presented by Rocket Mortgage will take place in late-July through early August prior to the start of the season ... Footer Navigation ... ....

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Latinos Make Financial Progress, But Discrimination Persists

Polk County Itemiser-Observer 31 May 2023

A recent study finds the financial capability of Latinos improved over the last decade, but obstacles to Latino wealth remain. In February 2023, the U.S ... Latino population ... Financial capability improvements ... population ... Census ... Debt Ceiling Uncertainty Could Push Mortgage Rates Higher in June. Carnival cruise ship battered by severe weather, rough seas.

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Panama Maritime Authority revisits General Law of Merchant Marine

SAFETY4SEA 22 May 2023

These modifications seek to improve the competitiveness of the Ship Registry and keep it at the forefront in the maritime sector ... From now on, the cancellation of a ship will not affect the validity of the mortgages previously registered in the General Directorate of Public Registry of Ship Ownership of the Panama Maritime Authority.

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Panama Ship Registry proposes reforms to merchant marine law

Seatrade Maritime News 15 May 2023

These amendments aim at improving the competitiveness of the Panama Ship Registry ... From now on, the cancellation of a vessel will not affect the validity of mortgages previously registered in the General Directorate of Public Registry of Ship Ownership of the Panama Maritime Authority (AMP).

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Panama Concludes Update of the General Merchant Marine Law

The Maritime Executive 12 May 2023

This generates compliance, saves costs and efficiency in the process of obtaining the title deed, and registration of the ship's mortgage ... From now on, the cancellation of a vessel will not affect the validity of mortgages previously registered in the General Directorate of Public Registry of Ship Ownership of the Panama Maritime Authority (AMP).

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Blackstone mulls sale of Dutch bank NIBC

Reuters 04 May 2023

LONDON, May 4 (Reuters) - U.S ... Deliberations are preliminary and may not lead to any transaction, the people cautioned ... Blackstone declined to comment ... The Hague-based NIBC offers financing for industries such as automotive, commercial real estate, infrastructure and shipping, as well as retail mortgages ... Mortgages made up the bulk of its loan book.

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Advocating Philippine maritime industry

The Manila Times 25 Apr 2023

... investment in the field of shipping ... On the other hand, building up the Philippine merchant fleet plying international waters needs several other amendatory bills on existing laws relating to taxation and tonnage fees, ship mortgages and liens, and a Philippine Ship Registry Act.

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Lindblad Expeditions prices $275m in bonds at 9% interest

Tradewinds 18 Apr 2023

... $275m in senior secured bonds at 9% interest in an effort to pay off what it owes on debt it incurred to pay for two mortgaged ships.

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IMO welcomes the UN Convention on the International Effects of Judicial Sales of Ships

SAFETY4SEA 05 Apr 2023

The General Assembly calls on Governments and regional economic integration organizations to consider joining the convention to strengthen the international legal framework for shipping and navigation ... Such a claim is typically brought to foreclose a ship mortgage (in the event of default in repayment) or to enforce a maritime lien against the ship.

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South Florida set to receive millions in funding to tackle housing crisis, following state’s $711 ...

Eagle-Tribune 04 Apr 2023

Under the SHIP program, South Florida is expected to get millions of dollars to put toward affordable housing. SHIP funds are typically used for mortgage buydowns, buying property for affordable housing, down payment and closing-cost assistance, impact fees and construction and gap financing, among other items.

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Ohio’s Dave Yost does the right thing; Cuyahoga County’s Jail commissary is in scandal: Today ...

Cleveland 30 Mar 2023

What’s the latest on this vital public project to keep the Cuyahoga River open to shipping? ... Lisa, what’s the latest on this vital public project to keep the Cuyahoga River open to shipping? I hope you’re up to date with the latest version because it was being updated repeatedly yesterday.

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Bank woes not likely to menace ship lending, but roiling capital markets

Tradewinds 20 Mar 2023

An unfolding global banking scare should not pose a further threat to ship mortgage financing but has cast a cloud over capital-markets activity, financiers said on Monday ...

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Newbuild prices picking up

Splash24/7 20 Mar 2023

Prices for new ships plateaued briefly for a couple ... Rapidly rising interest rates and a shrinking number of banks interested in traditional ship finance already made it more difficult and expensive to finance secondhand ships with a traditional mortgage, Poten pointed out, adding.

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From Silicon Valley banking to ship banking, impact on marine asset values and shipping finance

Seatrade Maritime News 20 Mar 2023

The rapidly increasing interest rates of last year likely to cause trouble for borrowers in the marine industry in other ways, as we understand that a sizeable number of ship mortgages and other debt financing were addictively done at historically low interest rates and with a ...