Crude, product and chemical
We finance crude, product and chemical tankers. Earnings, contract coverage, and counterparty quality weigh heavily in our review.
Financing
We finance vessels across the main shipping segments and PSV and AHTS in offshore. We review each project individually, with focus on earnings, contract coverage, and market conditions.
Get in touchFinancing for shipping and offshore
We provide first-priority mortgage financing for seagoing vessels across the main shipping segments and for PSV and AHTS in offshore. We assess each project individually, with a close look at the vessel, the market, and the project economics.
The loan portfolio is concentrated in established shipping segments. At end-2025, the largest segments were tankers, bulk, and container, followed by offshore/supply. We assess each project individually, with particular focus on the vessel's earnings capacity, contract coverage, technical condition, market outlook, and security structure.
What we finance
LNG and LPG
We finance gas carriers in LNG and LPG. Contract structure and market position matter most for these technically demanding vessels.
Dry bulk
We can finance dry bulk vessels. We focus on earnings capacity, vessel age, and prevailing market conditions.
Multipurpose
We can finance multipurpose vessels. Contract coverage and earnings vary significantly here, so we assess each project individually.
Container
We can finance container vessels. We consider contract structure, earnings, and the vessel's technical condition.
Car and RoRo
We can finance car carriers and RoRo vessels. Contract position and earnings capacity are the main factors in our assessment.
PSV and AHTS
In offshore, we work with PSV and AHTS. Market conditions, contract coverage, and vessel specification each factor into our review.
Ship finance is about understanding the asset, the owner and the market. As a specialised maritime lender, we aim to combine experience, flexibility and quick decision-making for our clients.
Our Client Relations team
Our Client Relations team assesses financing requests and manages client relationships in shipping and offshore.
Kari Skjelbred Trondsen
Senior Vice President and Co-Head Client Relations
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Kari Skjelbred Trondsen joined Maritime & Merchant Bank in April 2017. She has many years of experience within maritime sector and banking from positions as Relationship Manager Shipping and Offshore at ABN Amro Bank N.V., Oslo- and Athens Branch, and as Financial Controller at Norsafe AS. She holds an MSc in Financial Economics from BI Norwegian School of Management.
Stian Svennebye
Senior Vice President and Co-Head Client Relations
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Stian Svennebye joined Maritime & Merchant Bank in February 2017. Prior to joining Maritime & Merchant Bank Stian worked for Quad Capital Management Advisors LLC in New York and RS Platou Markets in Oslo. Stian holds an MSc in Finance from the McCallum Graduate School of Business at Bentley University and a BA in Business Economics from University of Exeter.
Erik D. Tang
Vice President Client Relations
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Erik Tang joined Maritime & Merchant Bank in March 2018. He has held several positions in the bank and have worked with Client Relations since August 2021. He holds a Bachelor’s degree in finance from BI Norwegian Business School.
Maxwell Chr. Schrøder
Vice President Client Relations
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Maxwell Chr. Schrøder joined Maritime & Merchant Bank in December 2018. He has extensive experience in banking and compliance, having served as Manager of the AML/KYC Department before transitioning to client relations. He holds an MSc in Shipping, Trade & Finance from Cass Business School and a BBA in International Business from The George Washington University.
Victor Dammann
Assistant Vice President
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Victor Dammann joined Maritime & Merchant Bank in September 2024. He holds an MSc in Shipping, Trade & Finance from Bayes Business School (formerly Cass), and a BSc in Shipping Management from NTNU in Ålesund.
Sander Johnsen
Assistant Vice President
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Sander Johnsen joined Maritime & Merchant Bank in September 2024. He holds an MSc in Shipping, Trade & Finance from Bayes Business School in London, as well as a Bachelor`s degree in Business Law from BI Norwegian Business School.
Bjørn S. Havsgård
Executive Vice President, Credit & Business Development
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Bjørn S. Havsgård joined Maritime & Merchant Bank in January 2018. He has more than 20 years of banking experience from senior relationship and management positions with Finansbanken, Privatbanken and Pareto Bank where he was instrumental in initiating and building a shipping and offshore portfolio. He holds an MSc in International Banking and Finance from Heriot-Watt University.
Questions and answers
What is the bank's core financing product?
We offer first-priority mortgage financing for seagoing vessels in the main shipping and offshore segments, including PSV and AHTS. We assess each project individually, with focus on earnings, contract coverage, security, market conditions, and counterparty quality.
Which offshore vessels are covered?
In offshore, we primarily work with PSV and AHTS. We assess projects based on contract coverage, technical condition, market conditions, vessel value, and ownership.
Who is the financing for?
We finance shipowners and investors with projects in shipping and offshore. Our clients come from both shipping and financial markets. We focus on security structure, project economics, and knowledge of the market the vessel operates in.
Have a financing project we should review?
Contact us for an initial conversation. We will connect you with the right specialist and clarify what documentation we need.