X-Press Feeders (XPF) has signed a sustainability-linked loan agreement with investors including the Asian Infrastructure Investment Bank (AIIB).
The loan is expected to support X-Press Feeders in its ambitions to significantly reduce carbon emissions.
X-Press Feeders is using proceeds from the US$165 million loan to finance the purchase of three 7,000 TEU newbuild container ships, supporting the company’s large fleet renewal programme and replacing older, less-efficient vessels with new, more...
https://container-news.com/x-press-feeders-secures-sustainability-linked-loan/