Its shipping boss Dagfinn Lunde believes banks are adopting a less passive attitude, but warns a hard-line approach is never the right choice.
Lunde, who has previously voiced willingness to “take back the keys” from shipowners, told TradeWinds WebTV: “Banks should never be aggressive. Every time banks have been aggressive it has ended in disaster.”
Speaking as Nor-Shipping opened in Oslo, Lunde says offshore projects are easy to finance, while LPG, LNG and product tanker owners are also having some joy.
“But
