25/04/2013at 14:50

Analysis: A lot of pressure on the banks' shipping loans

There's a lot of pressure on the banks' shipping portfolios, and the shipping crisis will probably last longer, at least till the end of 2014, says rating bureau Fitch.

BY LOUISE VOGDRUP-SCHMIDT

The major shipping banks will remain under pressure due to their loans to the industry, says Fitch Ratings.

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Nordea: Shipping market is stabilizing
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German banks let ships sail
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