Syndicated loans worth US$54.5 billion flowed into the shipping industry in the first 11 months of this year, surpassing US$50.8 billion for the whole of last year. Photo: Bloomberg Syndicated loans worth US$54.5 billion flowed into the shipping industry in the first 11 months of this year, surpassing US$50.8 billion for the whole of last year. Photo: Bloomberg
Syndicated loans worth US$54.5 billion flowed into the shipping industry in the first 11 months of this year, surpassing US$50.8 billion for the whole of last year. Photo: Bloomberg

European banks, in search for yield, hop back on board shipping industry

After exiting the industry with piles of NPLs following the financial crisis, traditional lenders return in search for yield in oversupplied sector

Syndicated loans worth US$54.5 billion flowed into the shipping industry in the first 11 months of this year, surpassing US$50.8 billion for the whole of last year. Photo: Bloomberg Syndicated loans worth US$54.5 billion flowed into the shipping industry in the first 11 months of this year, surpassing US$50.8 billion for the whole of last year. Photo: Bloomberg
Syndicated loans worth US$54.5 billion flowed into the shipping industry in the first 11 months of this year, surpassing US$50.8 billion for the whole of last year. Photo: Bloomberg
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