Subscribe to RSS feedPrivate placings restore faith in ship finance
by
KATRIN BERKENKOPF
—
last modified
Apr 23, 2010 02:52 PM
With KG houses in trouble, many experts believe the fate of newbuildings will depend on capital from wealthy private investors, write PATRICK HAGEN and KATRIN BERKENKOPF
THE TROUBLED KG market captures most of the public attention when it comes to ship financing in Germany.
The unwillingness of German investors to put up the equity for new or secondhand ships has far-reaching consequences – hundreds of ships...
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