Who’s Lending?

By: Mary Irene Alexandrakis and Jim Lawrence

Banks and financial institutions remain at the center of attention, when considering the state of ship finance. The pessimist might argue that this is the end of borrowing as we knew it, with the extinction of the experienced international ship finance banks right behind. On the other hand, the optimistic view suggests that this crisis provides opportunities for banks and financial entities to flourish and even a window of opportunity for traditional ship lenders to earn some good returns.

Two of the four largest registries worldwide have provided us with a

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