ship finance

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

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

“We are all just prisoners here of our own

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

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