Changing of the guard

Changing of the guard

Bloomberg
Mitsubishi UFJ arranged $1.62 billion in shipping loans as a lead arranger in the three months to March 31, according to Dealogic data. DnB NOR was the biggest underwriter for all of last year with $8.4 billion, while Mitsubishi ranked eighth.

Asian banks have taken a greater role in ship-financing as they have avoided the worst of the global credit crunch.