Latest News for: Ship mortgage


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 ...

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.

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 ...

Wall Street Journal: A bigger subsidy for risky mortgages

SCNOW Morning News 07 Mar 2023
This should help buyers frozen out of the market by rising mortgage rates ... The Federal Housing Administration said recently it will reduce its annual insurance premium for future mortgages by 30 basis points. “On average, homeowners will pay at least $800 a year less on their mortgage,” Vice President Kamala Harris cheered.

WFW: A new era in Greek national maritime legislation to begin from May 2023

SAFETY4SEA 28 Feb 2023
Simple and Preferred Ship Mortgage. The New Code includes unified provisions for the constitution of both simple and preferred mortgages over a ship; accordingly, legislative decree 3899/1958 on preferred mortgages is to be abolished ... the New Code allows for the constitution of a simple or preferred mortgage over a ship under construction; ranking.

Analysis-China’s mortgage rate cuts spur prepayment rush, threaten bank earnings

FX Empire 17 Feb 2023
Disgruntled homeowners saddled with the older, higher rates responded by paying off their mortgages early ... A shipping employee in Shanghai who gave only his surname Wang said he saved at least 200,000 yuan last month by taking out a lower-rate consumer goods loan to pay down his original mortgage on an apartment in the nearby city of Suzhou.

Front Office Files: How Buyers Approach the NHL Trade Deadline

The Capital Journal 13 Feb 2023
Mortgaging significant assets when you’re unsure if your team can get through the team they need to, can be challenging ... You want to acquire assets to give your team the best chance to win without completely mortgaging your future. You have to figure out who you can ship out ...

Shortlisted nominees announced for 2023 GREEN4SEA Awards

SAFETY4SEA 08 Feb 2023
The aim of the awards is to recognize those organizations that demonstrated outstanding performance within the scope of fostering green and sustainable shipping ... Sustainable Shipping Initiative (SSI) has been nominated for its overall contribution to sustainability ... GREEN4SEA Clean Shipping Award.

Panama plans changes to merchant marine law

Seatrade Maritime News 27 Jan 2023
The legal security for mortgagees of vessels registered in Panama is reinforced, since the ex officio cancellation of the vessel will not affect the validity of the mortgage previously registered in the General Directorate of Public Registry of Ship Ownership of the Panama Maritime Authority (AMP).

What to expect when buying a property: Make sure to do your homework

Metro UK 19 Jan 2023
While house prices are falling, mortgage rates remain high ... But offering more upfront could allow you to access a mortgage deal with lower interest rates, so it’s worth waiting a bit longer to save more ... What it's really like living in a shipping container - and we're a bit jealous.

US tech layoffs upending life of foreign guest workers

Khaleejtimes 18 Jan 2023
The lights-out hoarding became a joke ... For many professions, this means jettisoning friends, neighbours, leases, mortgages, school admissions (if they have children) and shipping back to their home country in the hope they will be able to return some day to bankroll a profligate America that has benefited immeasurably from immigrant enterprise.

6 Ways to Set Financial Boundaries

Polk County Itemiser-Observer 10 Jan 2023
While setting boundaries around money can sometimes be a daunting task, doing so can help put you on the path to financial wellness ... What are financial boundaries? ... Some examples of financial boundaries might include. ... 6 ways to set financial boundaries ... January Money Moves, and Paying Off Your Mortgage ... States That Ship the Most Goods to Other States.

Navy: Eagles Field lease possible 'early this year'

Guam Pacific Daily News 09 Jan 2023
By Steve Limtiaco Pacific Daily News. Steve Limtiaco. Author email. Jan 10, 2023 1 hr ago 0. Facebook Twitter WhatsApp SMS Email. Facebook Twitter WhatsApp SMS Email Print Copy article link Save ... Gov. Lou Leon Guerrero on Oct ... 15, 2022 ... PDN FILE PHOTO ... 31 ... January Money Moves, and Paying Off Your Mortgage ... States That Ship the Most Goods to Other States ... Tags.

Out the Window: Citrus County once again does the right thing

Citrus County Chronicle 08 Jan 2023
Citrus County is an amazing place ... As Ginger’s health worsened, she knew her financial ship was not in great condition ... A second-mortgage on the home created some concern ... We asked at that time that contributions be made to a fund that would retire the mortgage on the family home and set aside some funds to assist the family going forward ... .

Panama States Zero Tolerance of Illegal Fishing

The Maritime Executive 06 Jan 2023
• If the vessel subject to cancellation based on this Executive Decree, has one or more mortgages registered in the Panama Maritime Authority’s General Directorate of Public Registry of Ship Ownership, the Directorate General of Merchant Marine (Panama Ship Registry) ...

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FILE - Russian President Vladimir Putin, right, and Belarusian President Alexander Lukashenko talk during their meeting at the Novo-Ogaryovo state residence, outside Moscow, Russia, Friday, Feb. 17, 2023. (Vladimir Astapkovich, Sputnik, Kremlin Pool Photo via AP, File)
AP / Vladimir Astapkovich, Sputnik, Kremlin Pool