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13/11/2014at 08:38

HSH Nordbank: Equity funds important to shipping

Maersk Group CEO Nils Smedegaard recently wondered about the private equity funds' profitability in shipping, and there are several pitfalls, HSH Nordbank tells ShippingWatch. The equity funds have generally become more important to shipping, says the bank.
Photo: HSH Nordbank
Photo: HSH Nordbank
BY KATRINE GRØNVALD RAUN

A private equity fund faces numerous pitfalls when it starts investing in shipping, as a growing number of funds has done in recent years, says one of the world's biggest shipping banks, German HSH Nordbank, thus agreeing with the analysis from Maersk Group CEO Nils Smedegaard Andersen.

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