Maritime News
Iran Sanctions Breach Suspicion Prompts Bank to Seize Ships
By Saket Sundria, Serene Cheong and Dan Murtaugh (Bloomberg) –Reports alleging that fuel tankers appeared to breach U.S. sanctions against Iran were
nordlb
Monday, August 5, 2019
Thursday, September 1, 2016
Uncategorized
Germany Bails Out Bad Shipping Loans
German state-controlled lender NordLB has agreed to take full control of its loss-making Bremer Landesbank (BLB) unit, which is suffering from a weak shipping
Monday, August 22, 2016
Finance
NordLB to sell $1.5B In Shipping Loans
by Maria Sheahan (Reuters) Aug 22 German state-owned lender NordLB and KKR Credit said they had reached an agreement by which KKR Credit will acquire a $1.5
Friday, February 14, 2014
Finance
NordLB Not Planning Merger With Shipping Sector Peer HSH Nordbank – CEO
BERLIN, Feb 14 (Reuters) – German public-sector lender NordLB is not planning a merger with peer HSH Nordbank, its Chief Executive said in reaction to
Thursday, November 28, 2013
Finance
NordLB Raises Loan-Loss Provisions as Shipping Crisis Persists
Norddeutsche Landesbank Girozentrale, one of the world’s top shipping lenders, increased loan-loss provisions by 2 percent in the third quarter as the
Tuesday, April 23, 2013
Finance
NordLB: The Darkest Hour of Shipping Has Passed
FRANKFURT, April 23 (Reuters) – NordLB’s, one of the world’s top ten ship financiers, expects the shipping industry to have passed its
Thursday, November 29, 2012
Finance
German Lender NordLB Squeaks Out a Profit, However No End in Sight to Shipping Crisis
(Bloomberg) — Norddeutsche Landesbank Girozentrale, the world’s fifth-largest shipping lender, returned to profit in the third quarter after higher
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