Financing

Renowned law firm Seward and Kissel has announced the addition of attorney John Imhof as partner within its Maritime and Transportation Finance division:

A spokesperson for the firm reports:

Seward & Kissel Strengthens Maritime and Transportation Finance Practice with Addition of John Imhof as Partner

A recent entry in Marine Money's weekly briefing Freshly Minted highlights a successful use of the bareboat charter financing model in the delivery of two eco-type Handysize Bulk Carriers. The article, "Control and Optionality = de Facto Ownership," is posted as follows.

The Greek shipping community seems in agreement with the Liberian and Italian sectors that private equity is financing an increasing share of their country's fleet while traditional sources of fu

The Liberian Registry is one beneficiary of the increasing flow of private equity into the shipping markets.

The registry reports:

Liberia strengthens market position as private equity gets into shipping

Grimaldi Group and Confitarma President Emmanuele Grimaldi has expressed the importance that Italy's banks invest in the shipping industry.

Fairplay reports:

Italy: 'Banks should help shipping'

The U.S. Maritime Administration is soliciting feedback on a proposed addition of environmental impact to the criteria considered for Title XI loan guarantees.

Admiralty law firm Blank Rome reports:

Taiwan Co-operative Bank now requires permanent registrations of Panamanian mortgages in order to provide ship financing, a move which could potentially start a trend in the industry.

TradeWinds reports:

A recent court ruling has granted Netherlands juridictions in cases of ship arrests by Dutch mortgage banks, regardless of the ship's flag or ownership jurisdiction.

Lloyd's List reports: