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Seaam

10/21/13 1:51 AM

#78825 RE: Howzitgoing #78824

Forward looking statements again - we shall see.

"It is extremely difficult in this credit environment to finance low return high capital intensive assets with little residual value and alternative marketability." quote - SeaAm

In current market, most ship financing requires minimum of 30-40% equity investment.

I have never seen anything in Marine Money regarding PV Enterprises. Marine Money is the world's "Publication Record of Ship Finance", published by Jim Lawrence in Stanford Conn. It lists all the finance tombstones, ship financial transactions, key ship banks , key maritime attorneys, etc.

Market is very difficult currently for vessel financing, even with guaranteed government long-term carriage contracts.

Forward looking statements again, we shall see....

Of course, IMO.