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New Norwegian shipping bank expects another capital increase

CEO Halvor Sveen expects that the recently launched shipping bank Maritime & Merchant will soon need additional capital in order to service the towering demand for credit services in the shipping sector. "It's been a busy year, " he tells ShippingWatch.

Maritime & Merchant in talks to enter new markets

Six months after the launch of Maritime & Merchant, the Norwegian shipping bank is now in talks with carriers and investors beyond its home market, CEO Halvor Sveen tells ShippingWatch. Small and medium-sized carriers in particular are showing interest.

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