Global ship finance options disappearing
by
Obsidian
—
last modified
Mar 30, 2009 12:00 AM
by Lloyd's List in London 11:12AM, 30 Mar 2009
Severe doubts have been raised about the global shipping industry's ability to raise large amounts of capital, as shipping banks and owners declared that the syndicated loan market, a major source of funding, had disappeared.
There have been just...
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