"This has been specifically set up to serve our clients in this area," said Lau, adding that she is particularly well-suited for the role because in her years in Hong Kong, she has served all the container terminal operators there.
This move seems particularly timely as the focus of shipping finance turns eastwards. "All those traditional lenders such as European banks are now second tier," she said. The Chinese banks such as ICBC, BOC, Bank of Communications are now "basically playing the top role," noted Lau.
"They now dominate the market and will continue to do so for at least the next 10 years," she asserted.
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