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 Today


The Maritime Industry's original and most viewed E-News Service

Maritime Reporter January 2016 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

People & Company News

MHI's Entity to Oversee Material Handling Equipment, Engine and Turbocharger Businesses

Today Mitsubishi Heavy Industries, Ltd. (MHI) decided in principle to launch a new wholly owned entity to integrally oversee its current businesses in material

Globus Maritime Reclassifies Board Member

Globus Maritime Limited, a dry bulk shipping company, announced today that when Georgios Karageorgiou, a Class I director of Globus Maritime Limited  resigned on December 28,

First Panama Canal Water-Saving Basin Filled

The Panama Canal Authority (ACP) announced that the first water-saving basin of the Agua Clara Locks’ upper chamber has been filled to the required level in order

Finance

COSCO Plans European Transhipment Hub

China's COSCO is forging ahead with a plan to build a European transhipment hub, reports Reuters. The state owned shipping giant is expected to make an offer for

MISC Bhd: Revenue Up

Malaysia International Shipping Corporation Berhad (MISC Berhad), a shipping arm of Petronas, has seen an increase of 12.3 percent in its net profit for the 2015

Cosco Merger May Change Industry Dynamics

The merger between China Shipping group and the Cosco Group has given rise to a mammoth company that could trigger stability and extended consolidation in the global shipping industry,

 
 
Maritime Careers / Shipboard Positions Maritime Standards Naval Architecture Navigation Offshore Oil Salvage Ship Electronics Ship Repair Shipbuilding / Vessel Construction Sonar
rss | archive | history | articles | privacy | 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: 0.0809 sec (12 req/sec)