You are here

Tougher for shipping banks to refinance debt

[HAMBURG] Shipping banks need to refinance about 35 billion euros (S$60.57 billion) in loans in the next two years amid the container industry's prolonged crisis, according to Deutsche Bank."About 80 per cent of that is covered by European banks, of which some may not find it very easy these

Market voices on:


Receive $80 Grab vouchers valid for use on all Grab services except GrabHitch and GrabShuttle when you subscribe to BT All-Digital at only $0.99*/month.

Find out more at

Powered by GET.comGetCom