Maritime & Merchant - A new maritime bank aims to bridge funding gap in maritime finance market - Norway Exports

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Maritime & Merchant - A new maritime bank aims to bridge funding gap in maritime finance market

An experienced team of shipping, offshore and finance professionals are announcing the intention to establish Maritime & Merchant Bank (“M&M’’) a niche financial institution dedicated to meeting the funding needs of owners active in the shipping and offshore industries, worldwide.

The newly formed project company, Maritime & Merchant AS (M&M AS), will file a banking license application on behalf of M&M during the autumn of 2013. The main sponsoring shareholders of M&M AS are currently Arne Blystad, Henning Oldendorff, Nergaard Investment Partners, controlled by Alex and Birger Nergaard and Landmark Holdings in Shanghai.

If you would like to read more, please visit the MarineLink website here.

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