Shipping Financing Gap Widened

- 27/06/2016, 18:31
The biggest hurdle that remains for shipping at the moment is the prevailing state of the ship financing market, according to Allied Shipbroking analysis
With most of the traditional banks and more importantly the German finance sector, mostly out of the shipping market, financing has become scarce, especially among the small and medium-sized ship owners, who are deemed the most vulnerable.