Orix Confirms RBS Shipping Loans Buy, Looks for More

Japanese financial services group Orix Corporation has confirmed the purchase of USD 289 million worth of shipping loans held by The Royal Bank of Scotland (RBS), adding that it plans to “accelerate investment in shipping loans.”

Berenberg Secures USD 500 Mn for Shipping Loans

Hamburg-based banking company Joh. Berenberg, Gossler & Co. (Berenberg Bank) has secured some USD 500 million in private equity funding which would be invested in shipping loans, Bloomberg reports.

Bremer Landesbank Refutes Claims on ECB’s Request to Boost Capital

German shipping lender Bremer Landesbank has denied media reports alleging that the European Central Bank had asked it to boost its capital against non-performing shipping loans with up to EUR 700 million (USD 795 million) in equity.