Energy crisis prompts strategy changes: German bank commits to offshore financing

Germany’s urgent need for new energy suppliers prompts Hamburg Commercial Bank to return to fossil investments after having rid its portfolio of oil and gas loan deals.
"We are currently reviewing a few transactions within the platform supply vessels sector and anchor handling segments and I hope we can conclude some business within the first six months of this year", says Head of Shipping with HCOB Jan-Philipp Rohr. | Photo: Hcob
"We are currently reviewing a few transactions within the platform supply vessels sector and anchor handling segments and I hope we can conclude some business within the first six months of this year", says Head of Shipping with HCOB Jan-Philipp Rohr. | Photo: Hcob

One of Germany’s last remaining maritime finance providers, Hamburg Commercial Bank (HCOB), returns to the offshore market after having abandoned the sector no more than a year ago.

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