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Too Early to Tell

A quarter does not make a year, but it’s off to a good start. Dealogic’s latest league tables arrived last week in the new format implemented in Q4 2010, which provides totals for syndicated marine finance loans and then breaks them down into their constituents, shipping and offshore service loans. This is in line with the Norwegian lending focus, disadvantaging pure shipping banks, although these we would guess are few and far between these days, as diversification is a key risk management tool. Data, for this period, is broken down and provided for all three categories, whereas for the last quarter only offshore was broken out. We have come around to this way of thinking and will focus mainly on the totals rather than the individual sectors, although we will mine the latter for interesting data when it appears.

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Written by: | Categories: Freshly Minted, Market Commentary | April 14th, 2011 |

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