The Petrofin Index for Global Ship Finance which commenced at 100 in 2008 fell by 2 points (from 64 to 62 the year before), marking a slow decline but possibly the beginnings of the stabilisation of global shipping portfolios. Top 40 Banks’ lending to shipping fell from $294.4bn in 2019 to $286.9bn in 2020. This …
The post Global Shipping Finance Portfolios Begin to Stabilize first appeared on Hellenic Shipping News Worldwide.