Media: German banks at risk of failing stress test
The European Central Bank will demand that German shipping banks perform additional impairments of 10-20 percent on their lending, according to the Financial Times.
BY OLE ANDERSEN
The European Central Bank (ECB) is going to demand that Germany's largest shipping banks - including HSH Nordbank, NordLB and Commerzbank - perform additional impairments of 10-20 percent on loans to shipping, according to the Financial Times.
CII: IMO’s new climate regulation, CII, is liable to undermine its own intentions, German carrier Oldendorff warns. CII fails to view situation in its entirety, which may lead to an increase in emissions.
CII: Although a new legal clause places the responsibility and bills for poor climate ratings with operators and carriers, this has not altered Seaspan’s negotiations with customers, the major shipowner tells ShippingWatch.