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Thursday, November 14, 2013
Norway’s DNB Latest Bank to Sell Shipping Loan
News

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: 2

Thursday, October 3, 2013
Norwegian Investors Form New Shipping Bank to Fill Financing Gap
News

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: 14

Monday, September 23, 2013
finance money investing
Finance

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: 15

Friday, September 20, 2013
nordea
Finance

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: 64

Sunday, July 28, 2013
dnb nordea bank
Finance

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: 18

Thursday, July 25, 2013
nordea dnb bank
Finance

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: 31

Wednesday, June 26, 2013
commerzbank logo
Finance

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: 4

Friday, April 26, 2013
charlotte bulker 500
News

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: 5

Thursday, February 28, 2013
hsh nordbank deutsche bank nordlb
Finance

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: 11

Monday, January 7, 2013
banks skyscraper shutterstock
Finance

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: 44

Monday, December 3, 2012
oaktree capital rickmers
News

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: 60

assets of global central banks jefferies
Blog

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: 67

Tuesday, October 30, 2012
hsh nordbank
Finance

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: 16

Friday, September 14, 2012
khorfakkan tanker
Finance

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: 75
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