Moody's: Mounting pressure on German shipping banks

German shipping banks will suffer much more than previously anticipated as shipping markets continue to struggle. Five banks in particular are in trouble, reports ratings bureau Moody's.

BY LOUISE VOGDRUP-SCHMIDT

Problems at many major German banks with loans to the shipping industry will grow, projects Moody's in a new analysis of the already hard-pressed German shipping banks.

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Moody's: Mounting pressure on German shipping banks

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German banks have shipping loans totaling USD 100 billion

This is how NordLB plans to get rid of non-performing shipping loans

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Sign up for our newsletter

Front page now

Maritime & Merchant notes fierce competition in loans for shipping

14 arrested at demonstration in front of Maersk headquarters

Norwegian car carriers bag multi-year contracts

IMO's fossil fuel ban in the Arctic faces criticism

Record influx of container ships this year will not cause trouble until 2025

Cosco and CMA CGM expect further pressure on major European ports

Kuehne+Nagel triggers unrest among staff with new management structure

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Less than one percent of the container fleet is currently idle

Congestion in Asian ports is now as bad as during Covid

Analysis: Capesizes have become too expensive despite strong market

UK Chamber of Shipping calls for more trade-friendly policies

Further reading

Kuehne+Nagel triggers unrest among staff with new management structure

Cosco and CMA CGM expect further pressure on major European ports

Congestion in Asian ports is now as bad as during Covid

Less than one percent of the container fleet is currently idle

Dry bulk players dismiss green fuels in favor of low-hanging fruits

Analysis: Capesizes have become too expensive despite strong market

Jobs