Photographer: Angelos Tzortzinis/AFP via Getty Images

Cruise Ships a Beacon for Germany’s KfW in Dire Shipping Market

  • Cruise vessels make up half of No. 3 ship lender’s book
  • China banks entering European shipping with ‘unbeatable terms’

The call of the Caribbean is proving irresistible for Germany’s KfW IPEX, the development bank that funds the shipbuilding industry.

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