The leading ship finance institute in Denmark
Danish Ship Finance – Danmarks Skibskredit A/S – is a Danish financial institution that issues loans to Danish and foreign shipowners secured against their vessels. The company's vision is to be the most recognised and stable provider of financing for reputable shipowners. The loan portfolio has broad exposure to numerous shipping segments and focuses on shipowners in Denmark and abroad with high credit ratings. The company's 70 employees currently manage a loan portfolio of around DKK 40 billion secured against some 500 vessels and about 75 customer balances. In 2016 Danish Ship Finance had net interest and fee income DKK 849m and profit for the year DKK 188m.
Strategy
A strong ownership consortium, comprising Axcel and pension funds PFA and PKA, will help the company continue and accelerate its growth based on its existing strategy.