German lender NordLB has abandoned efforts to sell a 1.3 billion euro ($1.5 billion) portfolio of shipping loans to KKR, Handelsblatt reported on Monday, citing a spokesman for NordLB.
NordLB had said in April it hoped to complete a deal by the end of June.
Neither NordLB nor KKR were immediately available for comment.
(Reporting by Maria Sheahan)
Chicago Propeller Club celebrated being named International Propeller Club of the Year at its latest event.Guests from across…
The American Association of Port Authorities (AAPA) today announced its newly elected Board of Directors and officers who will serve for the 2024-2025 term. These port leaders…
California State University Maritime Academy (Cal Maritime) deck cadets Jake Jacobsen and Jan Johnson have been awarded Crowley’s Thomas B.
Anne-Marie Mountifield, Chair of Maritime UK Solent, said: "Keith's proven track record and commitment to our regional maritime…
Get lower carbon intensity solutions customized for your business needs
For the first time ever, Military Sealift Command is hosting a virtual job fair to reach US Citizens in the Philippines who are interested in a maritime career.
Gas carrier reporting presents distinctive challenges due to the specialized nature of LNG cargo. From complex loading and unloading procedures to stringent safety regulations
Subscribe for
Maritime Reporter E-News
Maritime Reporter E-News is the maritime industry's largest circulation and most authoritative ENews Service, delivered to your Email five times per week
