Thursday, April 21, 2016
sete brasil,
Maritime News

Sete Brasil Bankruptcy Seen as Blow to Petrobras, Shipbuilders

By Guillermo Parra-Bernal SAO PAULO, April 20 (Reuters) – Shareholders in Sete Brasil Participações SA voted on Wednesday to allow the ailing rig

April 21, 2016
Total Views: 41

Thursday, April 7, 2016
cargo ship

Another Tough Year Ahead for Ship Financing as NordLB Looks to Cut Exposure

FRANKFURT, April 7 (Reuters) – NordLB expects lower earnings this year partly as a result of the German public sector bank’s efforts to cut its

April 7, 2016
Total Views: 30

Wednesday, March 2, 2016
Maritime News

World Bank Tribunal Partially Lifts Suspension on Tidewater Award in Venezuela Case

CARACAS, March 1 (Reuters) – A World Bank tribunal partially lifted a stay of enforcement on a compensation claim payable by Venezuela to oil service

March 2, 2016
Total Views: 2

Monday, February 22, 2016
Maritime News

German Bank NordLB in Joint Venture to Advise on Restructuring of Bad Ship Loans

FRANKFURT, Feb 22 (Reuters) – German bank NordLB and two partners have formed a joint venture that will specialise in advising on the restructuring of

February 22, 2016
Total Views: 1

Wednesday, August 5, 2015

U.S. Investment Funds Target Italian Shipping Debt Deals

  By Pamela Barbaglia and Jonathan Saul LONDON, Aug 5 (Reuters) – Distressed debt investors are looking to buy shipping loans from Italian banks,

August 5, 2015
Total Views: 6

Friday, May 29, 2015
Maritime News

Bad Shipping Loans – HSH Nordbank to Ditch ‘Substantial Legacy Assets’

HSH Nordbank AG, the German lender suffering from bad shipping loans, said it’s seeking to cut “substantial legacy assets” to help return to a healthy

May 29, 2015
Total Views: 2

Thursday, February 26, 2015
Maritime News

Berenberg in $1.1 Billion Shipping Push With New Debt Fund

Joh. Berenberg Gossler & Co. KG will boost lending to the maritime industry by as much as 1 billion euros ($1.1 billion) through a new shipping fund for

February 26, 2015
Total Views: 31

Thursday, April 3, 2014

Investors Snap Up Shipping Loans As Global Economy Lifts Trade Prospects

By Jonathan Saul LONDON, April 3 (Reuters) – Global private equity firm KKR has bought $150 million worth of shipping loans from two European banks amid

April 3, 2014
Total Views: 0

Friday, March 28, 2014
chinese yuan money banking finance

Shipping Market Quietly In Danger as Chinese Shadow Banking Shows Vulnerability

Does anyone remember the financial crisis of 2008? Politicians, bankers and corporate executives were playing down the potential of a financial crisis before

March 28, 2014
Total Views: 1

Friday, January 31, 2014
hsh nordbank deutsche bank nordlb

German Ship Lenders Brace For ECB Health Check

By Arno Schuetze and Andreas Kröner FRANKFURT, Jan 30 (Reuters) – As the European Central Bank prepares to test the resilience of the region’s

January 31, 2014
Total Views: 4

Wednesday, December 18, 2013

Hedge Funds Buy Shipping Loans From Capital-Conscious Banks

After a five-year slump in shipping, investors are betting on better times by taking over shipowners' debts from European banks keen to offload troubled loans

December 18, 2013
Total Views: 2

Thursday, December 12, 2013
hsh nordbank

HSH Nordbank New Lending Surges 30% as Moody’s Warns on Defaults

HSH Nordbank AG, the world’s largest shipping lender, said new loans to businesses surged about 30 percent this year, after Moody’s Investors

December 12, 2013
Total Views: 6

Tuesday, December 10, 2013
germany euro finance banking banks

Moody’s Sees Bad Shipping Loans Increasing at German Banks

Germany’s top shipping lenders, including Commerzbank AG and HSH Nordbank AG, face rising credit default risks next year as banks come under increasing

December 10, 2013
Total Views: 3

Thursday, November 14, 2013

Norway’s DNB Latest Bank to Sell Shipping Loan

Norwegian bank DNB has sold some of the debt it held against distressed shipping firm Genco Shipping and Trading Ltd, a bank spokesman said on

November 14, 2013
Total Views: 1

Thursday, October 3, 2013

Norwegian Investors Form New Shipping Bank to Fill Financing Gap

A group of Norwegian investors and Henning Oldendorff, chairman of the largest charterer of dry- bulk vessels, are forming a shipping bank that will start next

October 3, 2013
Total Views: 7

Monday, September 23, 2013
finance money investing

Shipping Lenders Toughen Oversight After Worst Rout in 23 Years

Sept. 23 (Bloomberg) — Shipping lenders are tightening rules on who their clients can trade with after the industry’s worst rout in at least 23

September 23, 2013
Total Views: 11

Friday, September 20, 2013

Worst Shipping Crisis Ever Near End as Nordea Sees Loan Growth

Sept. 20 (Bloomberg) — Nordea Bank AB, Scandinavia’s biggest lender, said the shipping industry will next year begin to recover from its worst

September 20, 2013
Total Views: 57

Sunday, July 28, 2013
dnb nordea bank

Bankers: Fooling Themselves, Investors and Shipowners?

It was reported on gCaptain last week, DNB ASA and Nordea Bank AB, two of the world’s largest shipping lenders, are seeing signs of an end to the

July 28, 2013
Total Views: 4

Thursday, July 25, 2013
nordea dnb bank

Biggest Shipping Banks See End to Slump as Lending Recovers

July 25 (Bloomberg) — Nordea Bank AB and DNB ASA, two of the world’s largest shipping lenders, are seeing signs of an end to the maritime

July 25, 2013
Total Views: 22

Wednesday, June 26, 2013
commerzbank logo

Commerzbank Says Has No Plans For Firesale Of Shipping Portfolio

Commerzbank on Wednesday sought to reassure investors that it is not selling assets in a value destructive manner in response to market speculation about a

June 26, 2013
Total Views: 0