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Wednesday, August 3, 2016
Cruise Ships a Beacon for Germany’s KfW in Dire Shipping Market
Maritime News

Cruise Ships a Beacon for Germany’s KfW in Dire Shipping Market

By Nicholas Brautlecht (Bloomberg) — The call of the Caribbean is proving irresistible for Germany’s KfW IPEX, the development bank that funds the

August 3, 2016
Total Views: 120

Monday, July 11, 2016
Interest in RBS Greek Shipping Unit Cools After Brexit Vote
Maritime News

Interest in RBS Greek Shipping Unit Cools After Brexit Vote

By Jonathan Saul and Andrew MacAskill LONDON, July 11 (Reuters) – Royal Bank of Scotland is facing setbacks over a proposed sale of its Greek ship

July 11, 2016
Total Views: 2

Wednesday, June 22, 2016
cargo ship
Maritime News

RBS Receives Bids for Greek Shipping Business, Sources Say

By Jonathan Saul, Sophie Sassard and Andrew MacAskill LONDON, June 22 (Reuters) – The Royal Bank of Scotland has received bids for its Greek ship finance

June 22, 2016
Total Views: 5

Tuesday, June 21, 2016
European Central Bank Hones In on Shipping Loans
Maritime News

European Central Bank Hones In on Shipping Loans

By Andreas Kröner FRANKFURT, June 21 (Reuters) – The European Central Bank is taking a hard look at lenders’ ship financing portfolios amid a

June 21, 2016
Total Views: 13

Wednesday, June 15, 2016
DSME Shipyard South Korea
News

Korean Banks Holed Below the Waterline by Shipping Debt

By Christopher Langner (Bloomberg) — Now, the ship really has sailed. After kicking the can down the waterway for a few years, Korean banks will have to

June 15, 2016
Total Views: 9

Wednesday, June 8, 2016
A worker near a ship under construction at Hyundai Heavy Industries' Shipyard in Ulsan, South Korea, May 13, 2015. REUTERS/Kim Hong-Ji/File Photo
News

South Korea Creates $9.5 Billion Fund for Banks Exposed to Shipyard Troubles

By Christine Kim and Joyce Lee SEOUL, June 8 (Reuters) – South Korea’s government and central bank will create an 11 trillion won ($9.50 billion)

June 8, 2016
Total Views: 9

Thursday, May 12, 2016
As Korean Shipyards Founder, Central Bank Dragged Into Rescue Bid
Maritime News

As Korean Shipyards Founder, Central Bank Dragged Into Rescue Bid

By Christine Kim SEOUL, May 12 (Reuters) – They are South Korea’s “too-big-to-fail” firms – the world’s largest

May 12, 2016
Total Views: 22

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: 60

Thursday, April 7, 2016
cargo ship
News

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: 39

Wednesday, March 2, 2016
World Bank Tribunal Partially Lifts Suspension on Tidewater Award in Venezuela Case
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: 4

Monday, February 22, 2016
German Bank NordLB in Joint Venture to Advise on Restructuring of Bad Ship Loans
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: 2

Wednesday, August 5, 2015
U.S. Investment Funds Target Italian Shipping Debt Deals
News

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: 12

Friday, May 29, 2015
Bad Shipping Loans – HSH Nordbank to Ditch ‘Substantial Legacy Assets’
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: 7

Thursday, February 26, 2015
Berenberg in $1.1 Billion Shipping Push With New Debt Fund
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: 35

Thursday, April 3, 2014
Investors Snap Up Shipping Loans As Global Economy Lifts Trade Prospects
News

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: 3

Friday, March 28, 2014
chinese yuan money banking finance
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: 5

Friday, January 31, 2014
hsh nordbank deutsche bank nordlb
Finance

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: 13

Wednesday, December 18, 2013
Hedge Funds Buy Shipping Loans From Capital-Conscious Banks
Finance

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: 25

Thursday, December 12, 2013
hsh nordbank
Finance

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: 14

Tuesday, December 10, 2013
germany euro finance banking banks
Finance

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: 5
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