Nordea: Shipping market is stabilizing

Major Nordic shipping bank Nordea, which published its financial report for the first quarter today, is now talking about a beginning stabilization within the shipping segment.

BY TOMAS KRISTIANSEN

Nordea is starting to see the first signs of stability in the two segments that have so far been labelled as problem areas. In addition to "Denmark" in general, this concerns the major shipping area, where Nordea belongs to the group of banks with fairly large lendings to the shipping industry.

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Front page now

Jan Rindbo warns against tunnel vision: "The honest answer is that none of us know what we'll be sailing on"

A simple reason could explain low dry bulk rates despite good demand

Dubai challenges Singapore as shipping's favorite city

Opinion: Europe's key ports have become better connected after Covid

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Russia’s diesel ban threatens to roil global markets – if it lasts

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John Fredriksen has increased his wealth by NOK 81bn this year

Hapag-Lloyd rolls out Starlink internet to entire fleet

European Energy gets new partner for methanol plant

CMA CGM and Maersk will need help in new green lobbying alliance

Habben Jansen calls on energy majors to do more for the green transition

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Chief executive: Bolloré acquisition will transform Ceva's air cargo business

Dubai challenges Singapore as shipping's favorite city

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John Fredriksen has increased his wealth by NOK 81bn this year

A simple reason could explain low dry bulk rates despite good demand

CMA CGM and Maersk will need help in new green lobbying alliance

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