Friday, April 26, 2013

Norway’s DNB Sees Bottom For Bad Shipping Loans

DNB, one the world's largest lenders to the shipping industry has struggled with souring loans in the shipping

April 26, 2013
Total Views: 3

Thursday, February 28, 2013
hsh nordbank deutsche bank nordlb

German Banks With Upside-Down Ship Loans Forgo Seizing Vessels

(Bloomberg) — Deutsche Bank AG and two other German lenders providing about 14 percent of credit to ship owners are forgoing seizing vessels even after

February 28, 2013
Total Views: 4

Monday, January 7, 2013
banks skyscraper shutterstock

Banks to Gain Tighter Grip on Shipping Industry

Banks will exert more control over the shipping industry this year as vessel values continue to decline, according to accounting firm Moore Stephens LLP.

January 7, 2013
Total Views: 29

Monday, December 3, 2012
oaktree capital rickmers

Oaktree Capital and Rickmers Partner to Build at Least 8 New Eco-Container Ships

Not to be outdone by their friends in Hong Kong, Los Angeles-based investment management firm, Oaktree Capital, and the Rickmers Group have joined forces

December 3, 2012
Total Views: 42

assets of global central banks jefferies

Perspectives on the Global Economic Outlook – Dr. David Zervos

At the Marine Money Conference in New York City two weeks ago, Dr. David Zervos, Managing Director and Chief Market Strategist at Jefferies & Company gave

December 3, 2012
Total Views: 51

Tuesday, October 30, 2012
hsh nordbank

Owners of Shipping Lender HSH Nordbank Willing to Replenish Guarantees

(Bloomberg) — HSH Nordbank AG’s main owners, the German federal states of Hamburg and Schleswig-Holstein, are willing to replenish the

October 30, 2012
Total Views: 6

Friday, September 14, 2012
khorfakkan tanker

UAE-Based Trader with Questionable History Forced to Sell Ship to Repay $58 Million Loan

FAL Oil Co., a United Arab Emirates-based energy trader that’s under U.S. financial restrictions for links to Iran, faces the forced sale of a fuel

September 14, 2012
Total Views: 48