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Two of Scandinavia's biggest banks now own ten offshore vessels

Banking majors SEB and DNB have become joint owners of ten offshore vessels. The purchase was made after a bankruptcy of Scorpio company, in which the banks were lenders, and serves as another example of creditors' entry into ownership in offshore.

Photo: Norges Rederiforbund/Norwegian Shipowners' Association

Two of the Nordic region's absolute banking majors have joined forces to own supply ships in a joint company.

The banks in question are Sweden's SEB and Norway's DNB, which joined forces to establish company Pearl Bidco last year. That company now owns ten supply vessels.

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