NordLB looking to reduce exposure to container

Container currently accounts for close to 35 percent of German bank NordLB's shipping portfolio. This figure needs to be adapted to the market situation, Oliver Faak, Head of Ship Finance, tells ShippingWatch. "We're still a bit too heavy in container."

Photo: Hanjin

In the coming years, German shipping bank NordLB plans to reduce its exposure to the container segment. Today container represents around 35 percent of the bank’s shipping portfolio, and this number is too high compared to the global market, explains Oliver Faak, Head of Ship Finance:

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from ShippingWatch

Further reading

Related articles

Latest news

See all jobs