Without a doubt, the shipping markets have experienced the most tumultuous times in recent history. From unimaginable heights to near collapse, owners are now struggling to meet their financial obligations, as freight rates hit new lows and liquidity, built up in the good times, dissipates.
Due to the peculiarities of its main financing vehicle, the KG system, the German market is showing even greater strains. In good economic times, there is an abundance of equity looking for straightforward cash on cash returns, which shipping and real estate can provide through the employment of assets. Shipowner sponsors and Emissionhauses packaged
This is only an excerpt of ShipsPark – A German Response
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Tags: · Bremer Landesbank, Mr. Falk Holtmann, ShipsPark, W-O Shipping
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