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 January. The company, which...

By Jonathan Saul LONDON, Aug 22 (Reuters) – Citigroup’s veteran shipping finance banker Michael Parker is to become chairman of the bank’s shipping & logistics business, a role which will...

(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 of a drive to...

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 invested in before,...

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 managed by Oak Hill...

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 to draw...

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 Nordbank , once the world’s largest...

by Jonathan Saul, Arno Schuetze (Reuters) Top national lenders Deutsche Bank and Commerzbank are stepping up efforts to offload distressed shipping loans, finance sources said, as the German banking system...

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 new...

FRANKFURT, Oct 29 (Reuters) – The owners of Germany’s HSH Nordbank received binding offers from private equity groups Apollo, Cerberus and J.C. Flowers by a deadline on Friday as part...

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 slump...

FRANKFURT, June 1 (Reuters) – Commerzbank AG on Thursday announced significant steps in its effort to shed its 4.5 billion euro ($5.05 billion) portfolio of distressed shipping loans. The German...

FRANKFURT, March 10 (Reuters) – German state-controlled lender NordLB will inject money into its loss-making Bremer Landesbank (BLB) unit, which is suffering from a weak shipping market that is chipping...

LONDON, Jan 23 (Reuters) – Japanese financial services firm Orix Corp said it was looking to buy more shipping loans in Europe after confirming on Monday that it would purchase...

FRANKFURT, Jan 23 (Reuters) – Shipping finance provider HSH Nordbank has launched its planned sale, inviting expressions of interest from potential buyers, the bank organising the process said on Monday....

LONDON/TOKYO, Jan 20 (Reuters) – Royal Bank of Scotland has concluded agreements to sell at least $600 million worth of shipping loans from its portfolio as part of efforts to...

By Jonathan Saul and Andrew MacAskill LONDON, Dec 21 (Reuters) – Royal Bank of Scotland is close to selling at least $600 million worth of shipping loans from its portfolio,...

A niche bank for the shipping and offshore sectors has opened for business in Norway after years of planning. Starting Wednesday, December 20, 2016, Maritime & Merchant Bank ASA (M&M)...

By Jonathan Saul LONDON, Dec 14 (Reuters) – The global shipping industry will hit a credit crunch if proposed new bank capital rules are implemented in a sector already weighed...

FRANKFURT, Nov 14 (Reuters) – German shipping bank DVB said on Monday it will seek a capital increase after write-downs on bad loans pushed the lender to forecast an even...