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Rickmers Holding Forced to File for Insolvency

Maritime services provider Rickmers Holding is facing insolvency after HSH Nordbank AG denied approval to the term ...

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Rickmers Maritime Trust to Be Wound Up

Rickmers Trust Management, the trustee-manager of Rickmers Maritime, said its business would be wound up, as its ...

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Globus Maritime Gets a Breather from Lenders

Greece-based dry bulk shipping company Globus Maritime Limited said that it has reached agreements with DVB Bank ...

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HSH Nordbank's Shipping Provisions Reach USD 2.1 Bn

Germany’s shipping finance provider HSH Nordbank has reported high loan loss provisions as it set aside EUR 2 ...

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Bank Gives Rickmers Maritime Deadline for Restructuring Plan

German HSH Nordbank has provided Singapore’s containership owner and operator Rickmers Maritime with a ...

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HSH Nordbank Rejects Rickmers’ Debt Restructuring Plan

German HSH Nordbank has dismissed the debt restructuring proposal of Singapore-based containership owner and ...

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Report: HSH Nordbank Sells USD 1.75 Bn of Loans

German HSH Nordbank has reached an agreement to sell a part of its loan portfolio in the amount of EUR 1.64 billion ...

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HSH Nordbank Seeks Owner

HSH Beteiligungs Management has started a bidding process to sell the majority of the shares in Germany’s HSH ...

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HSH Nordbank's Shipping Loan Loss Provisions at USD 1 Bn

As the shipping market remained in very difficult conditions, the German-based provider of shipping finance HSH ...

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HSH Nordbank Provides Loan for Scorpio Tankers' MRs

Monaco-based tanker owner Scorpio Tankers has received a commitment from Germany’s HSH Nordbank, one of the ...

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Maersk Line to Operate Six of Hanjin's Boxships

Six container ships of the bankrupt South Korean shipping company Hanjin Shipping Co. will now be operated by ...

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HSH Nordbank's Shipping Loan Loss Provisions Still High

Due to persistently difficult conditions in the shipping market seen during the first half of 2016, loan loss ...

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HSH Nordbank Offloads Billions Worth of Bad Shipping Loans

Germany’s HSH Nordbank, one of the world’s biggest providers of shipping finance, transferred a ...

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HSH to Sell USD 3.7 Bn, Transfer USD 5.6 Bn in Bad Loans

Germany’s HSH Nordbank, one of the world’s biggest providers of shipping finance is putting up for sale up to EUR ...

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EU Approves HSH Nordbank Sale

The European Commission has adopted a resolution on state aid proceedings for Germany’s HSH Nordbank, ...

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Globus Maritime Delays Loan Payments

Greek dry bulk shipping company Globus Maritime Limited has reached agreements with two of its lenders to postpone ...

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Legacy Ship Portfolio Still a Heavy Burden for HSH Nordbank

German lender HSH Nordbank is in talks with its government owners and the European Commission over long-running ...

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HSH Nordbank Sets Sights on South Korea

HSH Nordbank Sets Sights on South Korea

German lender HSH Nordbank is focusing its international shipping business on South Korea through the announced ...

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Navios Scoops 14 More Resales from HSH Nordbank

Navios Scoops 14 More Resales from HSH Nordbank

Navios Maritime Holdings, Navios Maritime Acquisition Corporation and Navios Maritime Partners have through their ...

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Survey: Banks Prefer Eco Ships

Banks Prefer Eco Ships

Several leading banks in the shipping industry, including HSH Nordbank and KfW IPEX-Bank, use energy-efficiency ...

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Ahrenkiel Lands 8 Boxships

German shipowner Ahrenkiel Steamship has bought eight container ships from HSH Nordbank’s Nautilus credit ...

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