Tufton Oceanic Assets Share Discussion Threads

[waldron] 21/1/2007 10:28

What are safe income plans and equity release plans?
here are a number of schemes which enable you to tap into the value of your home without having to sell it and move out.

Over the past forty years, thousands of retired homeowners have found that these plans provide a safe and successful method of releasing regular income or a cash lump sum, to improve the quality of their life in retirement.

The alternative may not be very attractive. Too many elderly homeowners find themselves in the unenviable position of having to watch every penny they spend from day to day, while most of their money remains locked up in their single biggest asset - their home.

Home income plans and equity release plans can resolve the problem safely.

But there are other schemes on the market which make the same promises - and bitter experience has shown that they are neither safe nor successful. To confuse matters, some of these schemes have sometimes been described as home income plans or equity release plans, too.

The purpose of this website is not to recommend any particular plans to you. Its aim is solely to help you to distinguish between the various plans available and to enable you to make an informed and sensible choice.

[waldron] 21/1/2007 10:24

Equity release booms as elderly cash in their bricks Published: 07:00 Sunday 21 January 2007
By Lorna Bourke, Money Columnist

Demand from elderly homeowners for extra income or lump sums has fuelled demand for equity release schemes which reached a record high in 2006.

New business is expected to exceed £1.2 billion in 2006 and hit 1.7 billion by the end of 2007, according to a survey by Safe Home Income Plans (Ship), the trade association which represents 90% of lenders in this market.

Newer flexible drawdown products, which are cheaper because the homeowner only draws relatively small amounts and the interest therefore rolls up more slowly, have proved particularly popular with consumers.

These allow consumers to withdraw only the equity which they require for immediate purposes, maintaining the rest within the property interest-free until they have need of a further cash advance.

Ship members forecast even greater flexibility in products in 2007 as well as new products such as enhanced release plan for impaired lives. The survey also found that one of the main reasons for a client taking out a plan was to enhance their quality of life, purchasing items like a new car, or carrying out home improvements.

The real constraint to expansion of business is a shortage of good, qualified, independent advice. Ship members have highlighted a number of concerns coming from consumers. Chief amongst these was the effect of equity release on their estate and the impact on State benefits like pension credit.

This links directly to member concerns that there is a shortage of IFAs prepared to offer advice on equity release who would be able to inform consumers of exactly what the impact on their benefits or estate would be – in spite of the fact that there are software programmes available which will deal with this problem. This confirms the findings of the recent FSA mystery shopping analysis of advice in the equity release market.

'The equity release market has come a long way over the past decade and has made very real strides in its attempt to rid itself from the scepticism that surrounded it in the early years,' said Jon King, chief executive of Ship.
'Equity release has never been cheaper, more accessible or - with full regulation imminent in 2007 - safer. Modern drawdown products are a far cry from the inflexible, poor value products of the past.'

'The findings from this year's survey highlight the necessity for Ship to continue advances made last year in promoting better advice to the consumer in 2007. Reassurance of the security of all products provided by Ship members must be made apparent and more confidence needs to be instilled amongst the IFA community. The demand from the consumer for these products is clear, now it is up to the industry to ensure that they have access to appropriate, expert advice as well as great value products,' King said.



What are safe income plans and equity release plans?
here are a number of schemes which enable you to tap into the value of your home without having to sell it and move out.

Over the past forty years, thousands of retired homeowners have found that these plans provide a safe and successful method of releasing regular income or a cash lump sum, to improve the quality of their life in retirement.

The alternative may not be very attractive. Too many elderly homeowners find themselves in the unenviable position of having to watch every penny they spend from day to day, while most of their money remains locked up in their single biggest asset - their home.

Home income plans and equity release plans can resolve the problem safely.

But there are other schemes on the market which make the same promises - and bitter experience has shown that they are neither safe nor successful. To confuse matters, some of these schemes have sometimes been described as home income plans or equity release plans, too.

The purpose of this website is not to recommend any particular plans to you. Its aim is solely to help you to distinguish between the various plans available and to enable you to make an informed and sensible choice.

[energyi] 06/9/2006 10:27

August 24, 2004
Man dies after falling overboard from freight ship




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ASTORIA, Ore. - A 36-year-old man has died after falling overboard from a ship about ten miles west of Astoria.
Officials say the Chinese resident was an able-bodied seaman on board the Panamanian flagged freight ship Far East Silo.

The Far East Silo radioed a mayday call at about 10:00 a.m. on Tuesday, reporting that a crew member had fallen overboard.

A crew on a nearby harbor pilot vessel heard the mayday call and relayed it to Coast Guard in Astoria.

An HH60 Jayhawk helicopter from Air Station Astoria, and two 47-foot motor lifeboats from Coast Guard Station Cape Disappointment in Ilwaco, Washington were launched.

The man was found and hoisted into a helicopter. CPR was performed, but the man was transported to Columbia Memorial Hospital, where he was later pronounced dead.

[energyi] 06/9/2006 05:09

Jinhui Holdings CO Limited

Related Categories:
Ocean and Maritime Transport
Transportation and Logistics

Address:
1-6 Connaught Road West

Official Website:
Phone:
[phone]
Fax:
[phone]

[blackstone] 03/8/2006 13:52

From an old article
As they say on CNBC, what does this mean for you? In this article from late last year, Howard Simons charted the index against the Dow Jones World Equity Stock Market Index and U.S. Treasury 10-year notes. His conclusion: "It's a very good leading indicator." Movements in the Baltic Index tend to precede movements in global stock markets. But the index also tends to presage higher interest rates. When more stuff is being shipped around the world, it needs to be financed. And that creates a greater demand for credit.

Article link

[grupo guitarlumber] 24/2/2006 06:10

nice posts phil

[ariane] 05/2/2006 18:25

Alstom's new high-speed train aims to derail Siemens
By Ross Tieman In Toulouse
05 February 2006


FRENCH engineering group Alstom is forging ahead with the development of a fourth-generation high-speed train, the AGV (Automotrice à Grande Vitesse), capable of carrying 460 passengers at speeds of up to 350kph (218mph).

Unlike its previous high-speed trains, developed partly with funding from French state railways SNCF, which owns the TGV (Train à Grand Vitesse) brand, the AGV's E150m (£102m, $181m) development costs are being funded internally, and the train is targeted at export markets.

With a prototype expected to run before the year end, the main target market is Italy, which is expected to order more than 100 high-speed train units, at a cost of E2.5bn, to operate new lines linking Milan, Turin, Rome and Naples.

To get on track for an Italian sales success, last November Alstom agreed a wide-ranging strategic partnership on high-speed trains with Ansaldo Breda, part of the Finmeccanica engineering group.

The deal covers production both of 250kph Pendolino tilting trains, built by Alstom at its Italian sites acquired with Fiat's rail business six years ago, and the new AGV, which would be built in Alstom's Italian plants and those of Ansaldo.

The AGV will be a significant technological advance on previous generations and will be powered by smaller electrical motors in each of the articulated carriages, rather than giant power units at each end.

It will also offer a quieter ride, with less vibration, and much increased use of composite materials to save weight.

Alstom reckons the world market for high-speed trains is worth E1.6bn a year, and will be E2.4bn a year by 2008.

France is already equipped with three generations of Alstom TGVs, and Spain has bought TGVs and ICE trains from German rival Siemens as it builds a nationwide high-speed network. With Germany, an ICE market, also extending its high-speed train network, Italy is the next big battleground as the competitive position of rail against airlines is bolstered by high oil prices.

But Alstom is also pinning hopes on China, after winning a contract to equip Korea with TGVs a decade ago. China has big plans for a high-speed rail network, but the first train contract was won by Siemens. Alstom hopes a "stretched" AGV with 1,000 seats might enable it to overtake its arch-rival.

new high-speed train aims to derail Siemens&StoryID=55222991-AFD4-4515-AF3F-1ACD1C5C8B2E&SectionID=BA48E3D7-CCB9-4976-883F-EE19F9206FB3

[grupo guitarlumber] 03/2/2006 10:43

cheers schober

[schober] 03/2/2006 10:37

thnks grupo;the chart doeslook very overbought; one wondersif itll test the 50e level
interesting survey of gas & coal, seems there is graeter demand from utilties for coal fired turbines than ngas, juback favours alstom as the way to play the coal market rather than the miners


intersting go note that you are buying peabody coal rserves at 5c/mmbtu!!
compared to the price paid for cop of 3$/mmbtu! for gas reserves

[grupo guitarlumber] 03/2/2006 10:05

Alstom upgraded to "overweight"

Wednesday, January 18, 2006 5:37:09 AM ET
Morgan Stanley

LONDON, January 18 (newratings.com) - Analysts at Morgan Stanley upgrade Alstom (ticker: AOMD) from "equal weight" to "overweight." The target price is set to €70.

In a research note published this morning, the analysts mention that the company's liabilities are expected to decline by a further €437 million in FY2007. Alstom's share price has 24% upside potential over the forthcoming 12 months, Morgan Stanley says. The power revenues and EBIT margin estimates for FY2007 have been raised to €8.4 billion and 7.0%, respectively.

[schober] 03/2/2006 09:36

" Platts research shows that over 20,300 megawatts (MW) of combined cycle
gas turbine (CCGT) capacity is in construction in western Europe, a further
20,000MW are approved to proceed and around 70,000MW are proposed or applying
for permits. In the UK, over 15,000MW of new gas plant is being planned. A
similar amount is also set to be built in eastern Europe.
Over the last two years nearly 24,000MW of CCGT plant has come on line
across western Europe despite rising gas prices and CCGTs still remain the
technology of choice for new project developers.
"CCGT capital costs are roughly half the price of new clean coal and less
than a third of new nuclear," said Platts editor Henry Edwardes-Evans. "The
risk for gas plant is in the fuel cost, but it does seem that developers are
more relaxed than politicians on the future price and availability of gas.""
...........................
...........................
" However, this may change. Platts research shows that there has been an
upsurge in coal plant proposals mainly in Germany, that could see around
10,000MW installed over the next five to ten years. Enel of Italy is busy
converting old oil-fired power plant to coal-firing. Meanwhile Eon UK has
just unveiled plans for a 450MW clean coal station in the UK."


hmmmmmmmmmm.... now how many gas plant orders will be cancelled i wonder??ps grupo could you ut a chart inthe header? cheers

[grupo guitarlumber] 27/1/2006 15:08

nice chart schober.

perfect Darvas.

[ariane] 19/10/2005 17:10

Thales to pay 1.35 bln eur for 35 pct stake in enlarged DCN naval group -
report

PARIS (AFX) - Thales SA will pay 1.35 bln eur to take a 35 pct stake in an
enlarged DCN, the shipbuilding group owned by the French state, whose merger
with Thales' naval activities has been planned for several months, said the
industry newsletters TTU and Aeronautique Business in separate reports today.
Thales will also contribute its 50 pct stake in Armaris, a shipbuilding
venture owned jointly with DCN, as well as its Thales Naval France subsidiary,
valuing its total outlay at 1.75 bln eur, the reports said, basing their
calculations on a study from analysts at French brokerage Ixis Securities.
The merger is part of the French government's plan to privatise DCN, a
project that should be agreed in the coming weeks, said Defence Minister Michele
Alliot-Marie in a recent press interview.
[e-mail]
afp/js/cml

[blackstone] 11/10/2005 12:33

New Shipping Passages from global warming?