ShippingWatch

Nordea's quarterly results indicate shipping upturn

The Nordic banking giant's losses and impairments on shipping and offshore amounted to zero in the third quarter, according to its quarterly report published Wednesday morning.

Figures for Nordea Bank's losses and impairments on loans to customers within the shipping, offshore and oil services industries came to a clear zero in the bank's results for the third quarter of 2015, released Wednesday morning.

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