EuropeFinance and Insurance

Danmarks Skibskredit eyes IPO

Copenhagen: A Danish ship finance bank has said it is looking at an IPO to help boost its financial position.

The chairman of Danmarks Skibskredit, Peter Lybecker, said in a statement today that the company has “initiated a strategic review of multiple possibilities which can facilitate the continued development of Danmarks Skibskredit’s ship finance operations, which could improve the share liquidity.”

The review includes including an initial public offering and a sale of shares.

Sam Chambers

Starting out with the Informa Group in 2000 in Hong Kong, Sam Chambers became editor of Maritime Asia magazine as well as East Asia Editor for the world’s oldest newspaper, Lloyd’s List. In 2005 he pursued a freelance career and wrote for a variety of titles including taking on the role of Asia Editor at Seatrade magazine and China correspondent for Supply Chain Asia. His work has also appeared in The Economist, The New York Times, The Sunday Times and The International Herald Tribune.
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