SATURDAY, 23 JUN 2018

 

CONNECT

Facebook Linked In Twitter
MTN_07/07-10/04_728x90px
Invest Cyprus 30/04-30/03/2019
IMH LTD

Anastasiades: No Other Option for Cyprus than Reunification

Georgiades: Debt Burden Due To CCB Necessary to Address Banking Sector Uncertainty

IMH LTD
PWC_04/06-25/06_468x60px

BUSINESS

brought to you by Deloitte

Gas Ray Shipping to Get Financing from Hellenic Bank for LPG Carrier

Gas Ray Shipping to Get Financing from Hellenic Bank for LPG Carrier

Shipowner Gas Ray Shipping LLC has secured a USD 11.8 million loan facility from Cyprus’ Hellenic Bank to refinance the acquisition costs of the liquefied petroleum gas (LPG) carrier Gas Ray, according to World Maritime News.

Data provided by VesselsValue shows that the 35,533 cbm vessel is under the management of Greece-based Prime Gas Management.

Featuring a length of 174 meters and a width of 28 meters, Gas Ray has a market value of USD 21.4 million.

Built in 2003 by South Korean shipbuilder Hyundai Heavy Industries, the LPG carrier is one of five vessels operated by the Greek company.

According to a statement from the international law firm Watson Farley & Williams (WFW), the adviser on the loan, this is Hellenic Bank’s first venture into “the highly competitive international ship finance markets.”

MORE ON BUSINESS

Deloitte Survey on Next-Generation Family Businesses: Adapting To an Ecosystem-Driven World

Family-owned businesses face a growing challenge: how to thrive in today’s fluid ...

Bureaucracy and Talent Shortage the Biggest Concerns for Private Businesses

Talent shortages costing European private businesses €324 billion each year, ...

The “London Gin Night” Organized By Consulco

The “London Gin Night” is organized by Consulco on the 28th of June 2018 at ...

FROM AROUND GOLDNEWS

   

Deloitte Survey on Next-Generation Family Businesses: Adapting To an Ecosystem-Driven World

Family-owned businesses face a growing challenge: how to thrive in today’s fluid business ecosystems while still preserving their identity as a business ...
   

4. CIPA International Investment Awards 2018 Gallery

Photo during the ceremony  
   

3. CIPA International Investment Awards 2018 Gallery

Grey Goose Vodka was also one of the Silver Sponsors of the 7th CIPA International Investment Awards. 
   

2. CIPA International Investment Awards 2018 Gallery

TFI Markets was the Silver Sponsor of the 7th CIPA International Investment Awards. 
   

1. CIPA International Investment Awards 2018 Gallery

Eurobank was the Gold Sponsor of the 7th CIPA International Investment Awards. 
   

CIPA International Investment Awards 2018 Gallery

PwC presented the 7th CIPA International investment awards
   

CIPA International Investment Awards 2018 Gallery

The annual Invest Cyprus CIPA International Investment Awards 2018, which are organised by the Cyprus Investment Promotion Agency (Invest Cyprus), took place ...
   

Netflix Receives €200k Tax Rebate from the UK Government

Netflix received a €199,000 (£174,000) tax rebate from the UK government last year and paid no corporation tax, despite making £500m in ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

Belluga_29/05-15/08_300x250px
GloriaJeans_300x250px

IMH LTD