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Navigating Rough Waters: Survival Today, Success Tomorrow
Did you know…
· Half of shipping bankers answering a survey last week would be comfortable financing a newbuild tanker…but 0% would be comfortable with a newbuild containership,
· 70% of these bankers expect shipping loan spreads to average over 300 basis points going forward…more than a third of these expect spreads to average over 400 basis points,
· 88% typically rely on LTV covenants – and half anticipate taking write-offs in 2009?
This is only an excerpt of Navigating Rough Waters: Survival Today, Success Tomorrow
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Tags: · BI Norwegian School of Management, Dubai Maritime City, Hong Kong Ship Owners's Association, HSH Nordbank, Jefferies, Mayer Brown JSM, MJLF, Singapore Exchange, Tai Chong Cheang Steamship
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