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ship finance


Monday, October 2, 2023
Aerial view of a container ship
Environment

Poseidon Principles: Revised Framework Aligns Top Shipping Banks with New Climate Target

The Poseidon Principles has announced revising its framework to align shipping’s top banks with the International Maritime Organization’s new

October 2, 2023
Total Views: 849

Wednesday, March 22, 2023
containership
Shipping

UBS Likely to Shrink Credit Suisse’s $10 Billion Shipping Portfolio -Report

March 22 (Reuters) – UBS Group AG will likely shrink Credit Suisse Group’s $10 billion shipping portfolio that it inherited as part of its

March 22, 2023
Total Views: 1952

Friday, December 16, 2022
File photo of an oil tanker at sea
Shipping

Most Shipping Banks Fall Short of IMO’s Climate Ambition -Report

Out of the more than two dozen international banks that have reported emissions data of their ship finance portfolios, only seven are aligned with the

December 16, 2022
Total Views: 458

Friday, June 24, 2022
Stock photo of a tanker being escorted by a tug in New York harbor
Finance

Marine Money Week: The New Tech Visage of Ship Finance

ESG (Environment-Social-Governance) considerations are tied integrally into shipping finance. For example, the costs of vessel loans (and soon, maritime hull

June 24, 2022
Total Views: 1455

Thursday, June 23, 2022
Jim Lawrence at Marine Money Week 2022
Finance

Geopolitical Worry Builds Alongside Shipping Profits At Marine Money Week

By John Konrad (gCaptain) At the intersection of big banking and big shipping is Marine Money Week 2022, an annual event in Manhattan that hosts executives

June 23, 2022
Total Views: 821

container ship at sea
Shipping

Marine Money Week: Back in Force After Three-Year Hiatus

After a three year hiatus, the signature Marine Money event, at New York’s Pierre Hotel, began with a great line-up of presentations from companies and

June 23, 2022
Total Views: 454

Friday, April 15, 2022
Shipping Finance Panel and Then a Tanker Mega-Merger Announcement
Shipping

Shipping Finance Panel and Then a Tanker Mega-Merger Announcement

Ship finance, a topic of paramount importance at the executive level, was the subject of multiple panels at last month’s Connecticut Maritime Association

April 15, 2022
Total Views: 4169

Wednesday, January 5, 2022
container ship
Shipping

Seaspan Completes Full Financing for 70-Vessel Newbuild Program

Containership owner and operator Seaspan Corporation says it has completed full financing for its 70-vessel newbuild program. The final $1.4 billion in

January 5, 2022
Total Views: 1749

Tuesday, October 19, 2021
nyc-tanker-ship-konrad
Shipping

Shipping Industry Faces ESG Heat from Lenders

By Jonathan Saul LONDON, Oct 19 (Reuters) – Banks are demanding much stricter environmental criteria when financing shipping companies as

October 19, 2021
Total Views: 1077

Monday, October 18, 2021
CMA Shipping Finance Panel: Steaming Towards the ‘Good Side’
Shipping

CMA Shipping Finance Panel: Steaming Towards the ‘Good Side’

Perhaps the best quote of the Connecticut Maritime Association (CMA) conference sessions covering maritime finance came from one of the panels, with the catchy

October 18, 2021
Total Views: 780

Wednesday, March 17, 2021
Japanese Banks Sign The Poseidon Principles
Environment

Japanese Banks Sign The Poseidon Principles

By Jonathan Saul (Reuters) – Leading Japanese lenders have joined an initiative that links the provision of shipping finance to cuts in carbon dioxide

March 17, 2021
Total Views: 1486

Thursday, December 17, 2020
ships in port
Environment

Investor EnTrust Global Turns Sights to Green Shipping Assets

By Jonathan Saul LONDON, Dec 17 (Reuters) – U.S. investment company EnTrust Global, already a player in shipping finance, aims to buy ships

December 17, 2020
Total Views: 599

Tuesday, December 15, 2020
cargo ship
Shipping

Shipping Lenders Fall Short of Sector’s Carbon Targets

By Jonathan Saul LONDON, Dec 16 (Reuters) – Many of the world’s biggest lenders to shipping companies fell short of carbon-cutting

December 15, 2020
Total Views: 1599

Thursday, August 22, 2019
container ship
Shipping News

Citigroup’s New Shipping Finance Chairman to Deepen Environmental Focus

By Jonathan Saul LONDON, Aug 22 (Reuters) – Citigroup’s veteran shipping finance banker Michael Parker is to become chairman of the bank’s

August 22, 2019
Total Views: 16

Tuesday, June 18, 2019
containership sailing
Shipping News

Banks With $100 Billion in Shipping Loans Get Strict on Climate

(Bloomberg) –A group of financiers with $100 billion of loans to shipowners are about to get stricter on the kinds of vessels they’ll finance as part

June 18, 2019
Total Views: 1113

Monday, June 18, 2018
cargo ship
News

Deutsche Bank Said to Offload $1 Billion Ship Loan Portfolio

By Arno Schuetze and Jonathan Saul FRANKFURT/LONDON, June 14 (Reuters) – Deutsche Bank has found a buyer for the bulk of its bad ship loans as it seeks

June 18, 2018
Total Views: 1134

Friday, June 15, 2018
Trade routes of Rinko Corp
Shipping News

Tiny Japan Shipping Shares Jump On North Korea Detente Hopes

by Yoshiyuki Osada (Reuters) – Shares of small Japanese shippers jumped this week after the historic summit between U.S. President Donald Trump and North

June 15, 2018
Total Views: 369

Wednesday, February 28, 2018
cargo ship at sea
Shipping News

State Owners Sell Germany’s HSH Nordbank, Once the World’s Largest Shipping Bank, to Buyout Groups

By Arno Schuetze and Jan Schwartz HAMBURG, Feb 28 (Reuters) – A consortium of buyout groups will pay around a billion euros for Germany’s HSH

February 28, 2018
Total Views: 1255

Monday, October 30, 2017
euro
News

HSH Nordbank Privatization Attracts Private Equity Offers -Sources

FRANKFURT, Oct 29 (Reuters) – The owners of Germany’s HSH Nordbank received binding offers from private equity groups Apollo, Cerberus and J.C.

October 30, 2017
Total Views: 1188

Monday, July 24, 2017
cargo bulk ship
News

European Banks Struggle to Solve Toxic Shipping Debt Problem

By Jonathan Saul LONDON, July 24 (Reuters) – Dutch shipowner Vroon is finding talks with banks tough going as it tries to navigate a way out of a long

July 24, 2017
Total Views: 96
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