It’s a word that hasn’t been used — or at least not used accurately — in the world of ship finance in a long time.

But veteran lender Martin Lunder uttered the word “syndications” at Tuesday annual New York conference of the Hellenic-American Norwegian-American chambers of commerce and he meant it.

Lunder – a senior lender at Nordea for more than 30 years before forming consultancy Green Harbour Advisors – said on a financial panel that the form of lending may, just may, be heading for a comeback in the changing money landscape.