International major banks ready for shipping investments

Even though the international banks still view the shipping industry’s future as bleak, they declare themselves ready to support and invest in the industry. ShippingWatch interviewed several of the international banks at Sea Asia 2013.

“I hear a lot of people saying that it is hard to find a good bank connection. Let me put it this way, we think it is hard to find a good shipowner!”

This is how Mario Béhé, managing director for Ship Finance, Credit Suisse, opened the morning discussion on financing in the shipping industry on the second day of Sea Asia, the region’s largest shipping conference. On the panel were several representatives for both banks and shipowners.

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