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	<title>Marine Money &#187; Freshly Minted</title>
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	<link>http://marine-money.com</link>
	<description>The Ship Finance Publication Of Record</description>
	<pubDate>Mon, 08 Dec 2008 22:13:54 +0000</pubDate>
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		<title>The Dark Side</title>
		<link>http://marine-money.com/archive/the-dark-side</link>
		<comments>http://marine-money.com/archive/the-dark-side#comments</comments>
		<pubDate>Fri, 05 Dec 2008 02:21:49 +0000</pubDate>
		<dc:creator>marinemoney</dc:creator>
		
		<category><![CDATA[Freshly Minted]]></category>

		<category><![CDATA[The Week in Review]]></category>

		<category><![CDATA[Farley and Williams]]></category>

		<category><![CDATA[Watson]]></category>

		<guid isPermaLink="false">http://marine-money.com/?p=4689</guid>
		<description><![CDATA[On Tuesday, a team from Watson, Farley and Williams (“WFW”) shed some light on the dark side assuring a full house of bankers and other concerned parties that they had nothing to fear in these difficult times as long as you have the right team of advisors. In a seminar entitled, “Troubled Waters: Protecting Asset [...]]]></description>
		<wfw:commentRss>http://marine-money.com/archive/the-dark-side/feed</wfw:commentRss>
		</item>
		<item>
		<title>The Camel’s Nose</title>
		<link>http://marine-money.com/archive/the-camel%e2%80%99s-nose</link>
		<comments>http://marine-money.com/archive/the-camel%e2%80%99s-nose#comments</comments>
		<pubDate>Fri, 05 Dec 2008 02:19:32 +0000</pubDate>
		<dc:creator>marinemoney</dc:creator>
		
		<category><![CDATA[Freshly Minted]]></category>

		<category><![CDATA[The Week in Review]]></category>

		<category><![CDATA[DnB NOR ASA]]></category>

		<guid isPermaLink="false">http://marine-money.com/?p=4683</guid>
		<description><![CDATA[In a carefully orchestrated web meeting and presentation, DnB NOR ASA (“DnB”) responding to concerns about the quality of its shipping portfolio provided interested parties an opportunity to get a general picture of the portfolio and ask questions. Understandably, the bank had to balance the amount of disclosure against the possibility of the camel sticking [...]]]></description>
		<wfw:commentRss>http://marine-money.com/archive/the-camel%e2%80%99s-nose/feed</wfw:commentRss>
		</item>
		<item>
		<title>Testing the Waters</title>
		<link>http://marine-money.com/archive/testing-the-waters</link>
		<comments>http://marine-money.com/archive/testing-the-waters#comments</comments>
		<pubDate>Fri, 05 Dec 2008 02:12:59 +0000</pubDate>
		<dc:creator>marinemoney</dc:creator>
		
		<category><![CDATA[Freshly Minted]]></category>

		<category><![CDATA[The Week in Review]]></category>

		<guid isPermaLink="false">http://marine-money.com/?p=4679</guid>
		<description><![CDATA[As a consequence of its insolvency, Allco this week awarded Citi the advisory role for the sale of it shipping affiliate, Allocean. This business is fundamentally sound with all the ships on charters, the charters current and the debt in place. The company owns a diverse fleet consisting of tankers, bulk carriers, containerships, LPG carriers [...]]]></description>
		<wfw:commentRss>http://marine-money.com/archive/testing-the-waters/feed</wfw:commentRss>
		</item>
		<item>
		<title>“Don’t Look Back. Something May Be Gaining On You”</title>
		<link>http://marine-money.com/archive/%e2%80%9cdon%e2%80%99t-look-back-something-may-be-gaining-on-you%e2%80%9d</link>
		<comments>http://marine-money.com/archive/%e2%80%9cdon%e2%80%99t-look-back-something-may-be-gaining-on-you%e2%80%9d#comments</comments>
		<pubDate>Fri, 05 Dec 2008 02:10:09 +0000</pubDate>
		<dc:creator>marinemoney</dc:creator>
		
		<category><![CDATA[Freshly Minted]]></category>

		<category><![CDATA[The Week in Review]]></category>

		<category><![CDATA[DHT Maritime Inc.]]></category>

		<category><![CDATA[OSG]]></category>

		<category><![CDATA[Tanker Management Limited]]></category>

		<category><![CDATA[V. Ships]]></category>

		<guid isPermaLink="false">http://marine-money.com/?p=4676</guid>
		<description><![CDATA[Seeking greater certainty in these unsettled times, DHT Maritime Inc. (“DHT”) announced on Monday that it had reached an agreement with OSG under which OSG has declared part of the extension options for the seven vessels on time charter upon expiry of the vessels’ current initial charter periods. It is notable that the options were [...]]]></description>
		<wfw:commentRss>http://marine-money.com/archive/%e2%80%9cdon%e2%80%99t-look-back-something-may-be-gaining-on-you%e2%80%9d/feed</wfw:commentRss>
		</item>
		<item>
		<title>Allco Shows What it Takes</title>
		<link>http://marine-money.com/archive/allco-shows-what-it-takes</link>
		<comments>http://marine-money.com/archive/allco-shows-what-it-takes#comments</comments>
		<pubDate>Fri, 28 Nov 2008 02:09:19 +0000</pubDate>
		<dc:creator>marinemoney</dc:creator>
		
		<category><![CDATA[Freshly Minted]]></category>

		<category><![CDATA[The Week in Review]]></category>

		<guid isPermaLink="false">http://marine-money.com/?p=4673</guid>
		<description><![CDATA[Marine Money observed first hand during the restructuring years of 2000 and 2001 the absolute value of working collectively with lenders and creditors to keep a distressed business whole and trading.  Two contrasting approaches come instantly to mind, the Bondholders destruction of over a billion dollars of value in their mishandled bust up of Fred [...]]]></description>
		<wfw:commentRss>http://marine-money.com/archive/allco-shows-what-it-takes/feed</wfw:commentRss>
		</item>
		<item>
		<title>Thanksgiving</title>
		<link>http://marine-money.com/archive/thanksgiving</link>
		<comments>http://marine-money.com/archive/thanksgiving#comments</comments>
		<pubDate>Fri, 28 Nov 2008 02:08:02 +0000</pubDate>
		<dc:creator>marinemoney</dc:creator>
		
		<category><![CDATA[Freshly Minted]]></category>

		<category><![CDATA[The Week in Review]]></category>

		<guid isPermaLink="false">http://marine-money.com/?p=4670</guid>
		<description><![CDATA[In these most difficult economic times, it is certainly difficult to reconcile the act of thanksgiving with businesses failing, huge layoffs and record unemployment. We learned that our industry is not immune and in fact, acted this week and laid-off many of our friends. We remain hopeful that this time companies will recall how profitable [...]]]></description>
		<wfw:commentRss>http://marine-money.com/archive/thanksgiving/feed</wfw:commentRss>
		</item>
		<item>
		<title>The 2008 Global Credit Crisis – Is shipping likely to revert to the 1980’s model?</title>
		<link>http://marine-money.com/archive/the-2008-global-credit-crisis-%e2%80%93-is-shipping-likely-to-revert-to-the-1980%e2%80%99s-model</link>
		<comments>http://marine-money.com/archive/the-2008-global-credit-crisis-%e2%80%93-is-shipping-likely-to-revert-to-the-1980%e2%80%99s-model#comments</comments>
		<pubDate>Fri, 21 Nov 2008 02:05:24 +0000</pubDate>
		<dc:creator>marinemoney</dc:creator>
		
		<category><![CDATA[Freshly Minted]]></category>

		<category><![CDATA[Market Commentary]]></category>

		<category><![CDATA[Alexis Nichols]]></category>

		<category><![CDATA[Burke &amp; Parsons]]></category>

		<category><![CDATA[Callimanopulos Shipping Group]]></category>

		<category><![CDATA[Captain Tom Fox]]></category>

		<category><![CDATA[Holland &amp; Knight]]></category>

		<category><![CDATA[John Bamford]]></category>

		<category><![CDATA[Jovi Tenev]]></category>

		<category><![CDATA[Phillip Brothers]]></category>

		<category><![CDATA[Ray Burke]]></category>

		<category><![CDATA[Simpson Spence &amp; Young (USA)]]></category>

		<guid isPermaLink="false">http://marine-money.com/?p=4667</guid>
		<description><![CDATA[On November 13th more than one hundred and fifty shipping practitioners, bankers and investors listened to an all-star cast of current and former ship owners, brokers, shippers, maritime arbitrators and maritime attorneys at a CMA luncheon in Stamford, CT.
Moderator Ray Burke of Burke &#38; Parsons, introduced the first speaker, John Bamford, Senior broker at Simpson [...]]]></description>
		<wfw:commentRss>http://marine-money.com/archive/the-2008-global-credit-crisis-%e2%80%93-is-shipping-likely-to-revert-to-the-1980%e2%80%99s-model/feed</wfw:commentRss>
		</item>
		<item>
		<title>A New Perspective</title>
		<link>http://marine-money.com/archive/a-new-perspective</link>
		<comments>http://marine-money.com/archive/a-new-perspective#comments</comments>
		<pubDate>Fri, 21 Nov 2008 02:04:30 +0000</pubDate>
		<dc:creator>marinemoney</dc:creator>
		
		<category><![CDATA[Freshly Minted]]></category>

		<category><![CDATA[Market Commentary]]></category>

		<category><![CDATA[Imarex]]></category>

		<category><![CDATA[Jeffrey Landsberg]]></category>

		<category><![CDATA[Mike Reardon]]></category>

		<guid isPermaLink="false">http://marine-money.com/?p=4664</guid>
		<description><![CDATA[We are very grateful to Imarex’s Mike Reardon for introducing us last week to his colleague from Singapore, Jeffrey Landsberg. Mr. Landsberg suffers from a keen interest in the bulk markets and unlike Mike he focuses more on the physical market. This week we publish for the first time his weekly newsletter, which we will [...]]]></description>
		<wfw:commentRss>http://marine-money.com/archive/a-new-perspective/feed</wfw:commentRss>
		</item>
		<item>
		<title>Shipping on the Global Stock Markets</title>
		<link>http://marine-money.com/archive/shipping-on-the-global-stock-markets</link>
		<comments>http://marine-money.com/archive/shipping-on-the-global-stock-markets#comments</comments>
		<pubDate>Fri, 21 Nov 2008 02:00:22 +0000</pubDate>
		<dc:creator>marinemoney</dc:creator>
		
		<category><![CDATA[Freshly Minted]]></category>

		<category><![CDATA[Market Commentary]]></category>

		<category><![CDATA[Andrew Meigh]]></category>

		<category><![CDATA[Clarkson Investment Services]]></category>

		<guid isPermaLink="false">http://marine-money.com/?p=4657</guid>
		<description><![CDATA[In contrast to the views of our banker friend expressed earlier, private shipping companies clearly saw benefits to going public. Among many reasons for a public listing are to extend capital sources, provide acquisition currency, and allow liquidation of family holdings. At our Dublin conference, Mr. Andrew Meigh, Managing Director of Clarkson Investment Services, provided [...]]]></description>
		<wfw:commentRss>http://marine-money.com/archive/shipping-on-the-global-stock-markets/feed</wfw:commentRss>
		</item>
		<item>
		<title>Legal Question</title>
		<link>http://marine-money.com/archive/legal-question</link>
		<comments>http://marine-money.com/archive/legal-question#comments</comments>
		<pubDate>Fri, 21 Nov 2008 01:59:25 +0000</pubDate>
		<dc:creator>marinemoney</dc:creator>
		
		<category><![CDATA[Freshly Minted]]></category>

		<category><![CDATA[Market Commentary]]></category>

		<guid isPermaLink="false">http://marine-money.com/?p=4654</guid>
		<description><![CDATA[We include below a definition of force majeure for your consideration together with a question of applicability that follows the quote.
“Force Majeure literally means &#8220;greater force&#8221;. These clauses excuse a party from liability if some unforseen event beyond the control of that party prevents it from performing its obligations under the contract. Typically, force majeure [...]]]></description>
		<wfw:commentRss>http://marine-money.com/archive/legal-question/feed</wfw:commentRss>
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