German bank: We're back in the profit zone

In spite of the crisis in the shipping industry, German shipping bank NORD/LB achieved a total result of 96 million euros before taxes.

BY JØRGEN RUDBECK

NORD/LB Norddeutsche Landesbank, one of the world's ten largest shipping banks, published its financial report for the first half of the year on Thursday, showing a total result of 96 million euros before taxes.

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German bank: We're back in the profit zone

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Shipping drags down Commerzbank results again

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Front page now

Maritime & Merchant notes fierce competition in loans for shipping

Packed container ships trigger surge in air freight demand

14 arrested at demonstration in front of Maersk headquarters

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Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

14 arrested at demonstration in front of Maersk headquarters

Dry bulk players dismiss green fuels in favor of low-hanging fruits

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