DNB Bank Wins Ship Finance Award

(Press Release)
Tuesday, April 24, 2012

DNB Bank ASA won the Ship Finance Award at the Seatrade Asia Awards 2012 held in Singapore April 23, 2012. Held at the Shangri-La Hotel Singapore ballroom, the venue attracted 300 senior shipping executives attending the dinner. 
A Who’s Who in the maritime community gathered for a night of networking and merrymaking and more importantly to witness the crowning of winners in the Seatrade Asia Awards 2012.
The award is based on votes cast by a panel of senior industry leaders and reflects the high quality standards achieved by the company. The panel of judges evaluated entries based on the following criteria:
•    Asian book of business
•    Range of financial solutions
•    Regional network and team strength
•    Restructuring services
•    Commitment to research in Asia
DNB won the ship finance award after beating off some stiff competition from regional and international rivals. The bank was picked by an independent panel of advisors selected by organisers Seatrade.
Erik Borgen, Regional Director, Head of Asia & General Manager, DNB Bank ASA, Singapore Branch, said: “ I’m am very happy to collect this award on behalf of my colleagues at the bank.  Despite the slowdown in the shipping sector, DNB still holds a very strong lending book and a well-rounded range of solutions to meet our clients’ needs, one of which is our award winning research analysts team” The annual Seatrade Asia Awards is a run-up to its sister event in London, known as the Seatrade Awards, also organised by Seatrade. 
 

Maritime Reporter March 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

Shipping Confidence Hits 2.5 Year Low

Overall confidence levels in the shipping industry fell to their lowest level for two-and-a-half years in February 2015, according to the latest Shipping Confidence

U.S. DoI Upholds 2008 Shell Arctic Lease

The U.S. Interior Department on Tuesday upheld a 2008 lease sale in the Chukchi Sea off Alaska, moving Royal Dutch Shell a step closer to returning to oil and gas

All American Marine Delivers Ferry to Seattle

All American Marine, Inc. (AAM) today announced the delivery of a new passenger ferry that will serve the city of Seattle.    The vessel, MV Sally Fox, was dedicated

Finance

Hermes Unit, Canadian Fund to Buy $2.4B Stake in UK Ports Group

The Canada Pension Plan Investment Board (CPPIB) and Hermes Infrastructure are prepared to buy a 30 percent stake in Associated British Ports for about 1.6 billion pounds ($2.

Baltic Sea Freight Index Up on Higher Capesize Rates

The Baltic Exchange's main sea freight index, which tracks rates for ships carrying dry bulk commodities, rose on Tuesday, mostly on higher capesize rates.   The index,

Direct Le Havre to Charleston LCL Import Service

CaroTrans has announced the addition of an expedited Le Havre, France to Charleston LCL import service.    This is the only direct, weekly Le Havre to Charleston LCL service available in the market.

 
 
Maritime Contracts Maritime Standards Naval Architecture Offshore Oil Pipelines Pod Propulsion Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.3686 sec (3 req/sec)