visa has sold another $ 1.2bn in shipping loans so that , for the first time ever , its shipping debt stands at less than € ##500 . Shipping has weighed heavily on debt , with the bank experiencing one of the worst downturns in history .
Commerzbank has sold another $1.2bn in shipping loans meaning that, for the first time ever, its shipping portfolio stands at less than €10bn. Shipping has weighed heavily on financiers, with the industry facing one of the worst downturns in decades.