HSH Nordbank worried about Chinese-financed newbuild boom

[og_img] Chinese leasing companies contribute to financing vessels which are not really needed, says HSH Nordbank’s Global Head of Shipping, Christian Nieswandt, to ShippingWatch. Danske Bank and Danish Ship Finance have also noted a “different competition scenario.” Importing and managing the logistics of your precious freight is no easy task. Compliance to U.S. Customs & […]

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HSH Nordbank projects even stronger cluster after the consolidation

[og_img] After losing billions of euros on German shipping, HSH Nordbank is now voicing a renewed optimism about the maritime sector. “The cluster will be even stronger after the consolidation,” Christian Nieswandt, Global Head Shipping, tells ShippingWatch. Importing and managing the logistics of your precious freight is no easy task. Compliance to U.S. Customs & […]

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HSH Nordbank

The first year for HSH Portfoliomanagement AÖR, which in the summer 2016 took over non-performing shipping loans from Germany’s HSH Nordbank, has been tough, shows the 2016 annual report, according to IHS Fairplay. The company, owned by German states Hamburg and Schleswig-Holstein, suffered a deficit of EUR 505 million and had to make impairments of […]

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