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Bankers go easy on owners as coronavirus bites — at least for now

Bankers are likely to cut shipowners some slack during the conronavirus crisis, rather than jump to enforcement at the first possible opportunities, according to lawyers who specialise in ship finance

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Lenders won’t necessarily be more reasonable, but coronavirus should make them more pragmatic, more resigned, and ready to recognise the nature of what the world is facing, say WFW partners

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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