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You are here: Home → Archive → 2010 → January → Weekly Edition 28th January 2010 → Growing fears that banks may pull plug on shipping

Growing fears that banks may pull plug on shipping

by Liz McCarthy, London — last modified Jan 29, 2010 12:40 PM

DOUBTS have been raised about how long banks can continue supporting struggling shipping companies through the financial downturn.


“The bear market is likely to continue for four to four-and-a-half years. This is only the end of the beginning.
“The start of the end will not come for quite some time so I don’t think banks have much...

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