TUESDAY, 27 JUN 2017

 

CONNECT

Facebook Linked In Twitter
EmbassyUkraine_04/05-06/08_728x90px
GloriaJeans_266x90px
IMH LTD

Christodoulides: EU 27 Appear To Be In Line With Cyprus' Position on Security and Guarantees

Syllouris: Greek Cypriot Side Should Be Concerned Whether Turkey Would Respect an Agreement

IMH LTD
Volvo_19/06-19/07_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

EBRD Awarded at the CIPA International Investment Awards 2017

EBRD has received an honorary award at the 2017 CIPA International Investment Awards. ...

Fattal Hotel International Awarded at the CIPA International Investment Awards 2017

Fattal Hotel International has been selected as a winner of the 2017 CIPA International ...

Coast2Coast Capital Awarded at the CIPA International Investment Awards 2017

Coast2Coast Capital has been selected as a winner of the 2017 CIPA International ...

FROM AROUND GOLDNEWS

   

EBRD Awarded at the CIPA International Investment Awards 2017

EBRD has received an honorary award at the 2017 CIPA International Investment Awards.   The award was presented to Philip Bennett, EBRD First Vice ...
   

Fattal Hotel International Awarded at the CIPA International Investment Awards 2017

Fattal Hotel International has been selected as a winner of the 2017 CIPA International Investment Awards.   The award was presented to Roni Aloni, ...
   

Coast2Coast Capital Awarded at the CIPA International Investment Awards 2017

Coast2Coast Capital has been selected as a winner of the 2017 CIPA International Investment Awards. The award was presented to Greg von Holdt, Senior ...
   

Eni Awarded at the CIPA International Investment Awards 2017

Eni has been selected as a winner of the 2017 CIPA International Investment Awards.   The award was presented to Aldo Napolitano, EVP Exploration ...
   

CNP Assurances Awarded at the CIPA International Investment Awards 2017

CNP Assurances has been selected as a winner of the 2017 CIPA International Investment Awards. The award was presented to Xavier Larnaudie-Eiffel, Deputy ...
   

Nielsen Awarded at the CIPA International Investment Awards 2017

Nielsen Ltd has been selected as a winner of the 2017 CIPA International Investment Awards.   The award was presented to Vicky Grigoriadou, ...
   

SMT SHIPPING (Cyprus) Ltd Awarded at the CIPA International Investment Awards 2017

SMT SHIPPING (Cyprus) Ltd has been selected as a winner of the 2017 CIPA International Investment Awards.   The award was presented to Anthonius J. ...
   

Bouygues Bâtiment International Awarded at the CIPA International Investment Awards 2017

Bouygues Bâtiment International has been selected as a winner of the 2017 CIPA International Investment Awards. The award was presented to Daniel ...
 

YOUR COMMENTS

HEADLINES

MOST POPULAR

GoldAwards_20/06-26/06_300x250px
GloriaJeans_300x250px

IMH LTD