ShippingWatch

Bimco: Commerzbank’s exit surprised the shipping industry

Commerzbank’s exit as a financial actor within shipping has surprised the industry, and it is a bad signal in tough times, says Bimco.

This is bad news at a bad time, is Bimco’s assessment of the decision by Commerzbank to withdraw entirely from its position as a financial actor in the shipping industry.

Commerzbank was not a random bank, but the industry’s second leading bank, and last week, the major German bank announced its decision to eventually withdraw from shipping and real estate.

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

Latest news

See all jobs