Shipping’s return to profitability renews interest from banks
Many bankers have not lent to any owners outside the top tier for over a decade. But now the industry is making money again and can offer acceptable tranches of equity, it is back on their radar screen
‘It’s interesting for both sides. It’s interesting for us because we get safer lending, it’s interesting to them because they pay maybe 100 or even 200 basis points less than they do with the leasing companies,’ says finance source
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