DNB: Bulk facing recovery in a few months

Dry bulk carriers are crossing their fingers for a recovery in the second half of the year. One of the world's largest shipping banks, Norwegian DNB, also believes in an improvement, but only a cautious recovery.

Photo: Stig B. Fiksdal

With USD 20.9 billion in loans to carriers and offshore companies around the world, DNB is one of the absolute biggest financial players in the maritime field.

As such, people usually listen when the bank opts to withdraw from loans, or similarly when the Norwegian bank decides to grant a loan to a new carrier or a completely new segment in the maritime business.

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