Hot shipping markets could pull banks back in
Current dry bulk spike and last year’s boxship boomlet could make shipping attractive enough for banks outside China to lend for first time since post-financial crisis downturn
‘We would look at 16 or 17-year-old ships, but there are challenges for us there, mostly reliance on the corporate credit. You do not want to be taking a 50% to 60% risk to your credit committee without good reasons,’ says Macquarie