ABN AMRO

One of the greatest shipping lender ABN AMRO decreaes down lending for new ships due to tonnage over supply. ABN AMRO do not want to support new shipbuilding orders which ultimately will impact equilibrium point. Shipping oversupply has been an historic drag on shipping cycle recoveries. ABN AMRO is not going to finance ships with a good price price tag even if the order has charter backing. Netherlands based ABN AMRO hopes it will make a little bit hard to order speculative tonnage. Dutch shipping lender ABN AMRO has a. shipping portfolio of $12.2 billion. ABN AMRO is the third biggest ship lender after Nord/LB $18.1 billion and DNB $13.1 billion.