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Hamburg bank opens for loans on older ships: "We do see a gap in the market"

Hamburg Commercial Bank defies current trends with credit facilities for ships aged as much as 15 years. "It is a very low risk business," says the bank's head of shipping, eying a gap in the market.

Jan-Philipp Rohr replaced Christian Nieswandt as head of shipping at Hamburg Commercial Bank around the turn of the year, when the bank was privatized. Photo: PR / Hamburg Commercial Bank

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