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Maritime & Merchant views bulk and container in a more positive light

Shipping bank Maritime & Merchant now reports of better times for both the dry bulk and container industry, whereas the tanker sector has seen a shift in the other direction.

Photo: Marine Money

Norwegian shipping bank Maritime & Merchant now views the container and dry bulk sectors in a more positive light.

In its interim report for the third quarter, the Norwegian shipping bank writes that the quality of the bank's loans to the two sectors improved towards the end of the third quarter. According to the bank, this is a significant development as both industries were hit hard when the coronavirus pandemic broke out in spring.

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