Natixis Taking Focus

Natixis in its second quarter presentation explained that it has decided, for the next 3 years, to focus its shipping business on energy related assets, ie. oil and product tankers, gas carriers, offshore support vessels and drilling and production assets.

However, the size of the global shipping portfolio will not decrease, and the various desks and teams worldwide will remain in place. The Bank should therefore be in a position to be more active in this smaller market in the near future.

This new focus on energy related assets is only for new transactions, and no sale of

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