Owners take first steps to sell German shipping bank

Several investment banks, according to the news agency Reuters, have announced their presence in the hopes of becoming involved in the process of selling the struggling HSH Nordbank.

by GRETCHEN PEDERSEN

HSH Nordbank, the major state-owned German lender in global shipping, has taken the first step towards a privatization, which the EU Commission has made a requirement in order to approve a new, massive capital injection into the bank.

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Owners take first steps to sell German shipping bank

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HSH Nordbank in shipping sale in critical market

Ships gushing out of the German commercial fleet

German bank deal could lead to billion-dollar ship sale

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Dubai challenges Singapore as shipping's favorite city

Opinion: Europe's key ports have become better connected after Covid

Cosco to build production chain for green methanol

Russia’s diesel ban threatens to roil global markets – if it lasts

TotalEnergies chief exec: Unreasonable to ban Russian LNG before 2025

John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd rolls out Starlink internet to entire fleet

European Energy gets new partner for methanol plant

CMA CGM and Maersk will need help in new green lobbying alliance

Habben Jansen calls on energy majors to do more for the green transition

Further reading

Chief executive: Bolloré acquisition will transform Ceva's air cargo business

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

Dubai challenges Singapore as shipping's favorite city

Hapag-Lloyd were in talks to acquire state-owned port company

Cosco to build production chain for green methanol

Carsten Mortensen wants to build green reefer ship for banana export

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