Deutsche Shipping increased loan commitments in 2011

   Deutsche Shipping, Deutsche Bank’s shipping finance division, said it increased loan commitments by one-third in 2011 approving loans of 1.6 billion euros ($2.1 billion) compared to 1.2 billion euros in 2010, despite persisting market difficulties.
   Ralf Bedranowsky and Simon Booth, global co-heads of Deutsche Shipping, said loan commitments expanded particularly in the growth market of Asia. This region accounted for 18.7 percent of all loan commitments in 2011, compared to just 7.6 percent in the previous year.