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ship finance


Thursday, June 1, 2017
Commerzbank Moves Closer to Shedding Toxic Ship Loans
Maritime News

Commerzbank Moves Closer to Shedding Toxic Ship Loans

FRANKFURT, June 1 (Reuters) – Commerzbank AG on Thursday announced significant steps in its effort to shed its 4.5 billion euro ($5.05 billion) portfolio

June 1, 2017
Total Views: 1133

Friday, March 10, 2017
cargo ship
Maritime News

NordLB to Inject Capital into Bremer Landesbank After Shipping Writedowns

FRANKFURT, March 10 (Reuters) – German state-controlled lender NordLB will inject money into its loss-making Bremer Landesbank (BLB) unit, which is

March 10, 2017
Total Views: 68

Friday, January 20, 2017
RBS Sells $600 Million of Shipping Loans -Sources
News

RBS Sells $600 Million of Shipping Loans -Sources

LONDON/TOKYO, Jan 20 (Reuters) – Royal Bank of Scotland has concluded agreements to sell at least $600 million worth of shipping loans from its portfolio

January 20, 2017
Total Views: 1069

Monday, January 9, 2017
Infographic: Top Ten Ship-Owning Nations in 2017
Blog

Infographic: Top Ten Ship-Owning Nations in 2017

Here is an infographic provided by the ship valuation experts at VesselsValue.com showing the world’s top ten ship-owning nations in the year 2017. As

January 9, 2017
Total Views: 71

Wednesday, December 21, 2016
cargo ship
News

RBS Close to Selling Shipping Loans Worth $600 Million -Sources

By Jonathan Saul and Andrew MacAskill LONDON, Dec 21 (Reuters) – Royal Bank of Scotland is close to selling at least $600 million worth of shipping loans

December 21, 2016
Total Views: 1124

Tuesday, December 20, 2016
chembulk-tanker
Finance

Jack Noonan Named CMA Commodore

Today the Connecticut Maritime Association (CMA) named Mr. John D. “Jack” Noonan, CEO of Chembulk Tankers,  Commodore for the year 2017.

December 20, 2016
Total Views: 12

Wednesday, December 14, 2016
Proposed New Capital Rules Threaten Struggling Shipping Sector
Maritime News

Proposed New Capital Rules Threaten Struggling Shipping Sector

By Jonathan Saul LONDON, Dec 14 (Reuters) – The global shipping industry will hit a credit crunch if proposed new bank capital rules are implemented in a

December 14, 2016
Total Views: 45

Monday, November 14, 2016
loaded containership
News

German Shipping Bank DVB Seeks Capital Increase Amid Downturn

FRANKFURT, Nov 14 (Reuters) – German shipping bank DVB said on Monday it will seek a capital increase after write-downs on bad loans pushed the lender to

November 14, 2016
Total Views: 3

Wednesday, November 9, 2016
Bank of Ireland Still Winding Down Shipping Loan Business
Maritime News

Bank of Ireland Still Winding Down Shipping Loan Business

By Jonathan Saul LONDON, Nov 9 (Reuters) – Bank of Ireland said it is still winding down its shipping business, among a number of banks looking to cut

November 9, 2016
Total Views: 891

Tuesday, November 8, 2016
News

Bank of Ireland Joins Others in Shipping Loan Wind Down

By Jonathan Saul LONDON, Nov 8 (Reuters) – Bank of Ireland said it is winding down its shipping business, joining other banks looking to cut non-core

November 8, 2016
Total Views: 860

Friday, November 4, 2016
KKR’s Pillarstone Set to Snap Up Europe Shipping Loans After Appointing Industry Vet
Maritime News

KKR’s Pillarstone Set to Snap Up Europe Shipping Loans After Appointing Industry Vet

By Steve Slater LONDON, Nov 4 (IFR) – Pillarstone, the platform set up by US private equity firm KKR to buy non-core bank assets in Europe, looks set to

November 4, 2016
Total Views: 158

Thursday, August 11, 2016
RBS Puts Turkish Shipping Loans Up for Sale in Exit from Sector
Maritime News

RBS Puts Turkish Shipping Loans Up for Sale in Exit from Sector

By Jonathan Saul and Andrew MacAskill LONDON, Aug 11 (Reuters) – Royal Bank of Scotland has put its portfolio of Turkish shipping loans up for sale, in

August 11, 2016
Total Views: 13

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

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

Tuesday, January 19, 2016
Havila Shipping’s Debt Plan Fails to Gain Support
Maritime News

Havila Shipping’s Debt Plan Fails to Gain Support

By Luca Casiraghi (Bloomberg) — Havila Shipping ASA said it has so far failed to get enough support from bondholders to postpone repayments on 5.7

January 19, 2016
Total Views: 8

Tuesday, October 20, 2015
Singapore Offshore Vessel Owners Tap Alternatives to Scarce Bank Funding
Maritime News

Singapore Offshore Vessel Owners Tap Alternatives to Scarce Bank Funding

  By Rujun Shen SINGAPORE, Oct 20 (Reuters) – Offshore services firms in the Asian oil hub of Singapore are turning to higher-cost alternative

October 20, 2015
Total Views: 79

Thursday, April 9, 2015
Private Equity’s Big Bet on Shipping Falters as Deal Boom Ends
Finance

Private Equity’s Big Bet on Shipping Falters as Deal Boom Ends

“We are all just prisoners here of our own

April 9, 2015
Total Views: 1126

Sunday, March 29, 2015
hsh nordbank
Finance

Germany’s HSH Nordbank Must Use More State Guarantees Due to Dollar -Handelsblatt

HSH, one of the world's biggest players in ship finance, risked collapse in the crisis, and its state owners stepped in to offer 10 billion euros in guarantees

March 29, 2015
Total Views: 1

Saturday, March 14, 2015
private equity
Finance

Shipping, Private Equity and the Theory of Agency

The involvement of the private equity in the shipping industry has consumed plenty of ink and has rekindled not too little of a hope for an industry in

March 14, 2015
Total Views: 1093
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