Sandra Speares

finance

What's Next for Ship Finance?

By Sandra Speares 2016-06-01 18:02:12

At last week’s Immediasea Ship Finance Press Conference in London, there was much talk of the dilemma facing shipping companies these days. Major banks simply don’t have the same appetite for financing ships as before the crash. While top-tier companies can still get the money they need, small shipping concerns are getting squeezed out, according to Norway’s DnB Bank. The likes of Maersk, Teekay, Frontline and Euronav “can get all the money they want at practically the price they decide,”...

Continue Reading...
More News Stories