Services

HSH Nordbank worried about Chinese-financed newbuild boom

Chinese leasing companies contribute to financing vessels which are not really needed, says HSH Nordbank's Global Head of Shipping, Christian Nieswandt, to ShippingWatch. Danske Bank and Danish Ship Finance have also noted a "different competition scenario."
Photo: HSH Nordbank
Photo: HSH Nordbank
by KATRINE GRØNVALD RAUN

Carriers are increasingly looking towards Chinese lenders when looking for financing for new ships.

Already a subscriber?Log in here

Read the whole article

Get access for 7 days for free. No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

With your free trial you get:

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
    • Must be at least 8 characters, including three of: Uppercase, lowercase, numbers, symbols
    Must contain at least 2 characters
    Must contain at least 2 characters

    Get full access for you and your coworkers

    Start a free company trial today

    Share article

    Related articles

    Sign up for our newsletter

    Stay ahead of development by receiving our newsletter on the latest sector knowledge.

    Newsletter terms

    Front page now

    Further reading

    Jobs