Danish Ship Finance could be hit by proposed EU legislation

A large majority in a special committee of the European Parliament thinks that vessels could be more risky as securities than property and recommends that the EU legislation be revised.

A majority in a special committee in the European Parliament recommends in a new report that vessels, which are used as securities when issuing "covered loans", be put in their own class and no longer juxtaposed real estate, because the vessels are considered more risky.

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