Profiling the Industry

In putting together a volume-based league table, we have no intention to diminish in any way the importance of niche banks and specialized transactions. These institutions put together the transactions that are the bread and butter of much of the industry as well as our weekly publications. However we have found that it is helpful at least once a year to assess where precisely the major players stand. We believe this is as helpful for those seeking capital as for those who provide, helping to put the size of the ship-lending industry in perspective and offering some hope of a glimpse of its overall scale.

Therefore we have once again put together a shipping portfolio “league table” with the intention of complementing the Dealogic syndicated shipping loan league tables shown in the back of this issue. Dealogic’s tables provide insight into who the biggest arrangers of shipping loans are, while also showing who the most active players are in a given year allowing for the early identification of “up-and-coming” shipping banks. Meanwhile the portfolio league table we present here shows how much capital banks have actually committed. Coupled with the Dealogic tables, it also gives an indication of the strategies of leading syndicate banks – it is important to note that Nordea and DnB, in particular, do hold a substantial amount of debt considering the amount that they syndicate.

This is only an excerpt of Profiling the Industry

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