HSH Nordbank: Asian investments a growing factor in shipping
Shipping will be increasingly financed by Asian investors, according to HSH Nordbank's shipping customers in a new report from the major German bank. European banks will become less important, according to HSH.
BY LOUISE VOGDRUP-SCHMIDT
Asian investors will have a greater significance in the future funding of shipping, according to the customers of HSH Nordbank in a new analysis, which the bank has just released.
On Dec. 5, all Russian crude oil will be banned in the EU. But oil from the warring country will still flow into the world market, and both the EU embargo and price cap can be circumvented, predicts sanctions lawyer.