Oslo-listed lender Nordea is still open for new shipping business and is actively pursuing fresh projects.

This is the message from the bank's joint shipping finance heads, Thor-Erik Bech and Geir Atle Lerkerod, who told TradeWinds that the bank never abandoned its clients during the worst of the pandemic in 2020.

Bech said the second and third quarters of 2020 were the two most active periods for closing loans last year.