In Conversation With DVB

CEO of DVB Bank, Mr Wolfgang Driese and Member of the Board of DVB Bank and Head of Shipping Division, Mr Dagfinn Lunde were in Singapore last month and we were very happy to have the opportunity to spend some time with the two affable gentlemen, who shared with us their take on the turmoil that the shipping industry has been through.

Mr Driese is credited with transforming DVB from an unknown generalist domestic German bank into a global player with a specialisation in international transport finance, staying true to its name Deutsche VerkehrsBank AG. Mr Lunde carried out a successful reorganisation of DVB’s shipping division in January 2008, and “sectorised” the previous regional sales team into ten groups focusing on key shipping sectors: Container Box Group, Cruise & Ferry Group, Crude Oil & LNG Tanker Group, Chemical & LPG Tanker Group, Container Vessel Group, Dry Bulk Group, Floating Production Group, Offshore Drilling Group, Offshore Support Group and Product Tanker Group. Ship financing now makes up a substantial chunk of 54.2% in DVB’s lending portfolio, with a total value of USD 13.88 billion as at 30 September 2009. Continue Reading

Written by: carisk | Categories: Asia, Company Profile | February 26th, 2010 | Add a Comment

DVB Celebrates – Planes, Trains and Ships Turn Out

DVB sure throws a great party. The gang turned out in force to celebrate DVB’s five years of success in NYC. Wolfgang Driese, Chairman of the Board of DVB Bank, who knows how to give a good speech to a networking crowd, led the team from DVB, which also included Dagfinn Lunde, Sybren Hoekstra and Mr. Hoekstra’s NY team which just grows and grows. A crowd of owners and professionals did business and toasted DVB as the sun set outside the Sky Club atop the Met Life building. In attendance were Mike Hudner, the new treasurer of Crowley – Dan Warner, Ted Helms with Petrobras, Richard du Moulin and Mark Filanowski of Intrepid, Gary Vogel from VOC, Sean Durkin and Øivind Lorentzen with NFC, Seaspan’s Graham Porter, James Drakos of Groton Pacific, CIT’s Steve Serepca, Derick Betts, and Larry Rutkowski from Seward and Kissel, Poten and Partners out in numbers, Helaba’s Gerhard Winklmeier and a hundred others…congratulations.