Key Developments and Growth in Global Ship Finance

The Petrofin Index for Global Ship Finance which commenced at 100 in 2008 fell by 1 point (from 65 to 64 the year before), pointing to a possible stabilisation of the decline of global shipping portfolios. Top 40 Banks’ lending to shipping fell from $300.7 in 2018 to $294.4bn in 2019, the lowest level since …

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