The financing situation of medium-sized maritime businesses in Germany has shifted and predominantly deteriorated over the past decade. The situation threatens to have a negative impact on Germany\u2019s location as a maritime hub. On 15 February, the Maritime Finance Research Group (MFiRG) published with financial support from the Capital Markets Union Foundation Project the study<\/p>\n
“Unternehmensfinanzierung der maritimen Industrie in Deutschland unter besonderer Ber\u00fccksichtigung von Asset-Based Finanzierungsm\u00f6glichkeiten”<\/strong><\/p>\n In the study presented here, the Maritime Finance Research Group (MFiRG) has set itself the goal of systematically examining the financing structure of the maritime industry in Germany, identifying possible gaps and making proposals for stabilising the financing structure.<\/p>\n The study shows that the majority of the additional financing required has so far come from existing shareholders. The lending practices of the few remaining banks that are still willing to offer financing in the maritime segment are increasingly restrictive. At the same time banks are complaining about overly complex regulatory requirements. Many consider application procedures required by state development banks for SMEs to be too confusing.<\/p>\n German SMEs have limited access to the capital market. They perceive the regulations as too restrictive compared with other stock exchanges. The majority of respondents praised the Oslo stock exchange as exemplary.<\/p>\n To the summary of the study on the website of the Capital Markets Union Foundation project<\/a><\/p>\n Research report (PDF download in German only)<\/a><\/p>\n Press release (in German only)<\/a><\/p>\n NDR article: “Maritime Wirtschaft braucht bessere Finanzierungsbedingungen”<\/a><\/p>\nResults of the research report<\/h4>\n
Maritime SMEs need additional forms of financing<\/h4>\n
\n