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A Sizeable Deal and the Power of the Press – Euronav Facility

It should come as no surprise that while the banks continue to be active, there still remains uncertainty. The banks seem to have capacity but the shipping markets are not cooperating and continued deterioration will continue to make things difficult. We were reminded of DnB Nor’s Harald Serck-Hansens’s comments at his bank’s conference earlier this year where he highlighted this possibility and encouraged owners to tap the market while they can.

This is only an excerpt of A Sizeable Deal and the Power of the Press – Euronav Facility

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