EUR 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.
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.