Design inspiration: this waterfront house nails Hamptons style

first_imgThe gourmet kitchen features a butlers pantry.Set over three storeys, the waterfront Hamptons-style residence features five large separate outdoor entertaining areas, while inside offers rooms including a guest master suite, main suite, gourmet kitchen, home theatre, cavernous dressing room and separate make up station. 5 Midshipman Court, Paradise Waters is on the market for offers over $3.75 million.NEUTRAL palettes, Gable-style roofs and ornate decor — ‘Anchorage’ features classic Hamptons construction and has not yet been lived in, awaiting its first residents.Recent modifications have taken the livability of this already spacious home to the next level.More from news02:37Purchasers snap up every residence in the $40 million Siarn Palm Beach Northless than 1 hour ago02:37International architect Desmond Brooks selling luxury beach villa20 hours agoThe stunning pool area has a built-in barbecue. How’s this for an entry?Outside, low maintenance gardens complement the private pool area, decked out with an outhouse, private courtyards and dock. The 733sq m property faces east on 20m of sandy waterfrontlast_img read more

Sovcomflot completes 2018 financing plan

first_imgRussia’s largest shipping company Sovcomflot has completed its 2018 financing plan with a new $264 million six-year credit facility. The credit facility is being used for the early refinancing of a balloon payment due on one of the group’s tanker loan facilities maturing in 2019, whilst it also provides an additional line of available credit for general corporate purposes.The loan was arranged with a consortium of five leading international banks, including Citibank, DVB Bank, ING Bank, Société Générale, and UniCredit.Nikolay Kolesnikov, senior executive vice-president and CEO of Sovcomflot, said, “the completion of this credit facility marks the successful finalization of SCF’s 2018 financing plan, with total new debt capital raised this year amounting to circa USD 900 million.”During the course of the year, Sovcomflot completed a number of similar arrangements one of which was a $252 million, 7-year facility with six banks to fund a series of six LNG-fuelled Aframax tankers.Last month, the company signed a $149 million credit facility with ING Banks, KfW IPEX-Bank and Credit Agricole to fund the construction of an LNG carrier set to operate on long-term charters with Total.last_img read more