banking

The Poseidon Principles has announced revising its framework to align shipping’s top banks with the International Maritime Organization’s new

(Bloomberg) — The global trade finance gap jumped to a record $2.5 trillion last year, as heightened economic risks left banks’ financing capacity

By Esteban Duarte, Maria Elena Vizcaino and Natasha White (Bloomberg) –The world’s biggest ocean friendly debt swap is coming together in Ecuador,

Danish-based Bunker Holding Group, the world’s largest bunkering company, has secured a new sustainability-linked unsecured committed bank credit

March 22 (Reuters) – UBS Group AG will likely shrink Credit Suisse Group’s $10 billion shipping portfolio that it inherited as part of its

What is the common denominator in the recent port congestion crisis and current Taiwan security crisis, global food crisis, global energy crisis, US military

Out of the more than two dozen international banks that have reported emissions data of their ship finance portfolios, only seven are aligned with the

By Jonathan Saul LONDON, Oct 19 (Reuters) – Banks are demanding much stricter environmental criteria when financing shipping companies as

By Jonathan Saul (Reuters) – Leading Japanese lenders have joined an initiative that links the provision of shipping finance to cuts in carbon dioxide

By Irene García Pérez and Libby Cherry (Bloomberg) –French shipping giant CMA CGM SA has found a window of opportunity to refinance its debt due in

By Jonathan Saul LONDON, Aug 22 (Reuters) – Citigroup’s veteran shipping finance banker Michael Parker is to become chairman of the bank’s

(Bloomberg) –A group of financiers with $100 billion of loans to shipowners are about to get stricter on the kinds of vessels they’ll finance as part

By Jonathan Saul and Maiya Keidan LONDON, Feb 20 (Reuters) – A growing number of hedge funds are moving into shipping debt, an asset class few have

By Arno Schuetze FRANKFURT, June 19 (Reuters) – Deutsche Bank is selling a $1 billion portfolio of legacy shipping loans to an entity owned by funds

By Arno Schuetze and Jonathan Saul FRANKFURT/LONDON, June 14 (Reuters) – Deutsche Bank has found a buyer for the bulk of its bad ship loans as it seeks

By Arno Schuetze and Jan Schwartz HAMBURG, Feb 28 (Reuters) – A consortium of buyout groups will pay around a billion euros for Germany’s HSH

by Jonathan Saul, Arno Schuetze (Reuters) Top national lenders Deutsche Bank and Commerzbank are stepping up efforts to offload distressed shipping loans,

by Jonathan Saul (Reuters) The leap in assets at Credit Suisse’s private bank to a record high this year has been aided by a key plank of the bank’s

FRANKFURT, Oct 29 (Reuters) – The owners of Germany’s HSH Nordbank received binding offers from private equity groups Apollo, Cerberus and J.C.

By Jonathan Saul LONDON, July 24 (Reuters) – Dutch shipowner Vroon is finding talks with banks tough going as it tries to navigate a way out of a long