HSH Nordbank im 1. Quartal 2007 weiter auf Kurs

HSH Nordbank AG

HSH Nordbank is the world's leading provider of ship finance with total business amounting to approximately € 34 billion in 2007 and around 3,400 ships in its portfolio. In particular, the Bank's range of products and services for shipping companies operating on an international scale includes long-term ship-mortgage loans, finance during construction and structured ship finance.

The Bank assists its customers both in carrying out projects to build new vessels and in purchasing ships from other sources. HSH Nordbank's business in this area breaks down into the three main markets of container vessels, tankers and bulk carriers. However, HSH Nordbank also provides customised solutions involving a large variety of specialised ships. In addition to the pure lending business, HSH Nordbank has been focusing to an increasing extent on comprehensive advisory services for all types of shipping companies.

Apart from structured and innovative financing methods, the Bank also offers onestop solutions covering all potential financial service requirements. Innovative instruments for hedging interest, currency and oil-price risks (e.g. changes in the price of bunker oil) round off the range of products on offer. Here, HSH Nordbank offers solutions that are designed to hedge the risks involved in each individual case.