Shipping lender Nordea has revealed an overall loan-loss of EUR 135m ($147m) for the third quarter.
This is up from EUR 127m in the previous three months.
The figure for shipping, offshore and oil services was EUR 59m, compared to zero in the third quarter of 2015. Most of this relates to offshore and oil services.
Net interest income for the sector was EUR 63m compared to EUR 75m in 2015.
