Archive for the Category ‘Finance & Insurance’
Good day, everyone, and welcome to the Global Ship Lease First Quarter 2013 Conference Call. This call is being recorded. Joining us on the call today are Ian Webber, Chief Executive Officer and Susan Cook, Chief Financial Officer. … are pleased to have secured employment for these vessels at a time when some 5% for the containership fleet is idle particularly in this size category, midsized vessels and smaller and obviously these idle ships have no employment.
Ian Webber, Chief Executive Officer of Global Ship Lease , stated, “With all 17 of our vessels on time charters and fewer offhire days from reduced numbers of drydockings, as planned, we achieved utilization of 98.3% for the quarter. … We also continue to actively explore opportunities to enhance our financial flexibility and create incremental value for our shareholders.” …. The container shipping industry has been experiencing a significant cyclical downturn.
The world centre for professional and business services to the international maritime industry, London accounts for 21% of premiums in international marine insurance and provides over $64bn in ship finance , and handles …
As I mentioned on the fourth quarter call, those two vessel classes will present the flagship class for Yang Ming and the second largest ship class for MOL. In connection with this … In terms of operating lease expenses, in June of 2012, we completed our sale-leaseback for the Madinah for a nine-year term, previously Seaspan owned the vessels and financed with $53 million term loan , which we repaid during the sale-leaseback proceeds. We have been reflecting the …
April 30, 2013 | Posted in
Finance & Insurance |
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Thome Group has appointed Allinger Lim Eng Oon (pictured) as Senior Manager, Operations Finance . Ms Lim is based in Singapore and is responsible for all aspects of finance , controlling and accounting for vessels under …
April 30, 2013 | Posted in
Finance & Insurance |
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Thome Group has appointed Allinger Lim Eng Oon (pictured) as Senior Manager, Operations Finance . Ms Lim is based in Singapore and is responsible for all aspects of finance , controlling and accounting for vessels under …
April 30, 2013 | Posted in
Finance & Insurance |
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Ship Finance International Limited Q3 2009 Earnings Call Transcript. November 27, 2009 | about: SFL back to yahoo finance ….. Ole Hjertaker – CEO & Chief of Finance Management. page 1 / 5. This transcript was sent to 1,216 people who …
April 30, 2013 | Posted in
Finance & Insurance |
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The amounts currently being lent by banks for shipping deals are low, and loan profile and maturity have shortened. But with the correct leasing and finance structure, it is possible to put together a bespoke ship leasing and …
April 26, 2013 | Posted in
Finance & Insurance |
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25 allows equipment lessors, who provide lease financing of vessels , to enjoy the same security in collateral as a mortgagee enjoys under a preferred mortgage. … number of the vessel , the date of the financing charter contract, the names and addresses of the documented owner and the charterer, and the aggregate of the nominal amount of all charter hire payments and purchase option amounts payable, or which may become payable, under the financing charter, …
April 12, 2013 | Posted in
Finance & Insurance |
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Other Northerners routinely freed their slaves or allowed them to buy their own freedom, so that by 1830 there were only three thousand slaves left in all of the North, compared to more than two million in the South. …
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