German bank: Shipping market still highly uncertain
German bank Nord/LB believes that the shipping market is slowly getting stronger, but the bank still has some reservations about the future of the market.
BY LOUISE VOGDRUP-SCHMIDT
NordLB, one of the major shipping banks, has announced views of the shipping market in relation to the publication of the bank's annual report. The business is characterized by uncertainty, says Nord/LB, though the bank remains pleased with its own investments.
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