Bank of Ireland appoints maritime representative in Norway

Bank of Ireland Corporate Banking announces the appointment of Hauk Nordsti to lead its Maritime Industries business in Norway.

He will be based in the Bank’s Norwegian representative office in Bergen and will have responsibility for origination and marketing of the Bank’s expertise in the shipping and offshore market to prospective clients across the Scandinavian markets.

Hauk’s extensive experience in the shipping industry spans 35 years, including roles as senior corporate adviser with Capital Corporate ASA and as representative for NIB Capital Bank NV.

Paul Packard, Head of Maritime Industries, Bank of Ireland Corporate Banking said: “We are pleased to announce the appointment of Hauk as Head of our Norwegian representative office. His experience in the shipping and offshore industry will be invaluable to us in originating business opportunities across Scandinavia and will complement the skills of our existing team”.

Bank of Ireland Corporate Banking expects to announce additional appointments to its Maritime Industries business in other key international shipping centres in due course. It already has a well established Maritime Industries team of 11 based in Dublin.

Recent transactions for the Bank’s Maritime Industries team include:

• Baltic Container Shipping Ltd [Sweden]: Finance of 3 Newbuild Ro-Ro Container Vessels €156m
• Interbarge [HPP Waterway]: Finance of 4 Tug and Barge Convoys US$58.1m
• d’Amico Tankers Ltd [Ireland]: Revolving Credit Facility US$350m

ENDS

Contact:
Bank of Ireland Group Contact
Anne Mathews
Bank of Ireland Group Corporate Communications
Tel: +353 1 604 3836