ShippingWatch.com

Hamburg bank opens for loans on older ships: "We do see a gap in the market"

Hamburg Commercial Bank defies current trends with credit facilities for ships aged as much as 15 years. "It is a very low risk business," says the bank's head of shipping, eying a gap in the market.
Jan-Philipp Rohr replaced Christian Nieswandt as head of shipping at Hamburg Commercial Bank around the turn of the year, when the bank was privatized. | Photo: PR / Hamburg Commercial Bank
Jan-Philipp Rohr replaced Christian Nieswandt as head of shipping at Hamburg Commercial Bank around the turn of the year, when the bank was privatized. | Photo: PR / Hamburg Commercial Bank
by NIKLAS KRIGSLUND

Hamburg Commercial Bank (HCOB) has opened a new offering for shipping companies who want buy and operate old 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