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Boat in HK good idea and where?

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Boat in HK good idea and where?

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Old 6th Oct 2018, 09:05
  #141 (permalink)  
 
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Originally Posted by Bend alot
Cheers Mate, ours went fine from export at Eastern Europe to Australia till a birds nest was found inside a wing - then that made for hard times.
Wish you the best. Are you following the boat or staying a while?
Boat has arrived SYD but will not be unloaded until Monday, a day earlier than scheduled. Damage inspection willtake place Monday morning ( standard practice for insurance ) then Customs in the pm. Hopefully, unloaded at dockside and mine by Tuesday.

So f**k you Sloppy Joe
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Old 6th Oct 2018, 09:09
  #142 (permalink)  
 
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Originally Posted by unitedabx
I'm following the boat. Gone by Xmas. No futire here.
So you are after a Happy New Year on the real date!
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Old 6th Oct 2018, 09:49
  #143 (permalink)  
 
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Originally Posted by unitedabx
Boat has arrived SYD but will not be unloaded until Monday, a day earlier than scheduled. Damage inspection willtake place Monday morning ( standard practice for insurance ) then Customs in the pm. Hopefully, unloaded at dockside and mine by Tuesday.

So f**k you Sloppy Joe
Good news hope all goes well.
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Old 7th Oct 2018, 04:17
  #144 (permalink)  
 
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Originally Posted by Bend alot
Good news hope all goes well.
Thanks everyone. Yep I'll be gone on 1/1/2019
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Old 7th Oct 2018, 04:33
  #145 (permalink)  
 
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All the best Unitedabx. Always nice to hear that someone has escaped the asylum.
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Old 7th Oct 2018, 07:23
  #146 (permalink)  
 
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[QUOTE][If your mates happily signed at 100-150+ basis points above, I’m not surprised Hitachi didn’t ask questions. Under UK law, I assume Hkg is similar, your dwelling has to be on a plot of land to get a mortgage. No idea why guys are calling it a boat mortgage./QUOTE]

...... because it says ‘mortgage’ on the front page of the loan (mortgage) agreement, MC
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Old 7th Oct 2018, 08:12
  #147 (permalink)  
 
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Originally Posted by Air Profit
All the best Unitedabx. Always nice to hear that someone has escaped the asylum.
Thanks AP.
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Old 7th Oct 2018, 12:56
  #148 (permalink)  
 
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your dwelling has to be on a plot of land to get a mortgage
Boats and aircraft can be mortgaged. I'm not sure if the categorisation of it being your dwelling comes into it.

Last edited by Dan Winterland; 7th Oct 2018 at 13:08.
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Old 8th Oct 2018, 02:01
  #149 (permalink)  
 
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Gold Coast Update.

Prospecting vessel currently moored off the marina wall. Permit to remain on site to do sample work on the subsurface sediment/mud content. Information from Knowledgeable source says
that Sino Land are planning to dredge the marina and the process of mud collection is requirement of the government environment agency to check for contaminants.

Once approval is granted, and we all know it will be, a major dredging activity will take place, deepening the existing channel to the large boat docking area.
Wether Sino Land will use this as an excuse to give boat owners the opportunity to move, is anyones guess. What is forecast is that Sino management want more access for larger vessels, ie the Super Yachts , which currently cannot access the marina as its too shallow.

Rumour : Sino will dredge the main thoroughfare, and, due safety concerns , will require boats currently moored on C Dock(and maybe B dock) to vacate their moorings. As all GC debentures have a three month surrender clause, Sino don't have to be particularly compassionate.

HK , its such a loverly place under the veneer of the World City BS.
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Old 21st Oct 2018, 14:02
  #150 (permalink)  
 
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What’s the current status at DB Marina? I’ve heard of the extra 3 months mooring for an additional $150k refundable bond, but no water/electric hookup and no Marina Club.
Are boats being moved out or are people holding out for a change in direction from DBMC?
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Old 21st Oct 2018, 17:58
  #151 (permalink)  
 
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[QUOTE=Verbal Kint;10267787]
[If your mates happily signed at 100-150+ basis points above, I’m not surprised Hitachi didn’t ask questions. Under UK law, I assume Hkg is similar, your dwelling has to be on a plot of land to get a mortgage. No idea why guys are calling it a boat mortgage./QUOTE]

...... because it says ‘mortgage’ on the front page of the loan (mortgage) agreement, MC
you might need to ask a lawyer about the difference between a mortgage for a dwelling and a “mortgage” for your boat. Though I’m sure you already have.
Hope a solution is found.
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Old 23rd Oct 2018, 06:16
  #152 (permalink)  
 
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Originally Posted by Busbert
Are boats being moved out or are people holding out for a change in direction from DBMC?
No boats have moved yet, as far as I know. Most owners are expecting a compromise, from HKR or an intervention by the
merine & fisheries dept. Rumour of a temporary mooring area to be established, allowing boats to be left unoccupied, until official moorings can be found.

The marina is forecast to be closed for 3 months. Its expected that HK resorts will then invite current debenture holders to reapply for the new issued debentures. However, the price is expected to be greater than the value of 90% of the majority’s investment , and a specific clasuse of no permanent occupancy to be included.
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