Major Dutch bank ING recently canceled its line of credit to a number of multi-purpose vessels in Dutch Flinter Group after a court ruling in Rotterdam has placed a large part of the group under receivership, Flinter writes on its website.
Now, ABN Amro – another major Dutch bank – also looks set to cancel credit to 12 multi-purpose and heavy lift vessels controlled by Abis Shipping and put the ships up for auction, wrote specialized industry media Heavy Lift & Project Forwarding Magazine recently.
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