ShippingWatch

European ship finance could become even more difficult to access

There are prospects of tougher requirements for the European banks, and this could make it even more difficult for shipping companies to get loans in Europe. "We must be creative," says Louis Dreyfus Armateurs.

Photo: Mark Ralston/AFP/Ritzau Scanpix

BRUSSELS

When the European shipping companies seek financing for their green transition, many of them will most likely look toward China rather than staying in Europe, noted several speakers at the Ship&Finance conference hosted by the European Community Shipowners' Association, ECSA, in Brussels on Monday.

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