Oslo-listed Pareto Bank's shipping lending rose in the third quarter, particularly in the booming container vessel sector.

The niche lender's accounts show its maritime portfolio expanded by NOK 300m ($35.5m) to NOK 1.39bn as of 30 September.

It now has 20 shipping customers and finances 39 vessels, compared with 22 clients with 35 ships at the end of the second quarter.