New Zealand state-owned company KiwiRail has secured a $350m loan facility to finance the purchase of two new battery-powered ferries. The post KiwiRail wins world 1st green loan certification for…
Green Loan
K Line unveils its 2nd transition linked loan
Japanese shipping major Kawasaki Kisen Kaisha (K Line) revealed plans to finance its transition linked loan (TLL) at the end of September 2021. The post K Line unveils its 2nd transition linked…
https://www.offshore-energy.biz/k-line-unveils-its-2nd-transition-linked-loan/
Norway’s Eksfin supporting shipping’s green transition with up to $1bn
Norwegian export credit agency Eksfin has provided about $1.2 billion (NOK 10 billion) loan guarantees for the construction of 35 eco-friendly vessels over the last four years. The post…
https://www.offshore-energy.biz/norways-eksfin-supporting-shippings-green-transition-with-up-to-1bn/
HHI Clinches $388 Million Green Syndicate Loan
- HHI has bagged a green syndicated loan worth $388 million from KDB.
- HHI signed an agreement in Seoul with South Korea state bank KDB.
- Green loans are used for financing projects that support the shift to a low-carbon future.
- Hyundai Heavy will use the funding to develop technologies for LNG carriers.
According to an article published in Offshore Energy and authored by Naida Hakirevic, Hyundai Heavy Industries (HHI) has obtained a green syndicated loan worth ₩480 billion ($388 million) from the...
https://mfame.guru/hhi-clinches-388-million-green-syndicate-loan/
HHI secures $388 million green loan
South Korean shipbuilding giant Hyundai Heavy Industries (HHI) has obtained a green syndicated loan worth ₩480 billion ($388 million) from the Korea Development Bank (KDB) and other banks. The post…
https://www.offshore-energy.biz/hhi-secures-388-million-green-loan/
Van Oord inks green loan for LNG-powered dredgers
Dutch marine contractor Van Oord has signed its first green loan that will be […] The post Van Oord inks green loan for LNG-powered dredgers appeared first on Offshore Energy.
https://www.offshore-energy.biz/van-oord-inks-green-loan-for-lng-powered-dredgers/
Shipping Ready With A Combination of Deals To Make IMO 2020 Viable
Ahead of the S&P Global Platts Asia Pacific Petroleum Conference (APPEC 2019), Insight presents a series of articles exploring aspects of the global trade in crude oil and refined productsI. Surabhi Sahu, the Senior Editor of Platte wrote this article focusing on the shipping sector’s final push to prepare for the International Maritime Organization’s 2020 deadline imposing lower sulfur limits for fuel.
Delaying Not To HelpBenjamin Franklin once said: “You may delay, but time will not.” This is...
http://mfame.guru/shipping-ready-with-a-combination-of-deals-to-make-imo-2020-viable/
NYK To Build Its First Methanol-Fueled Chemical Tanker With Green Loan
NYK will receive 2 billion yen from Taiyo Life Insurance Company as a green loan to exclusively finance the building of NYK’s first methanol-fueled chemical tanker. A green loan is a loan whose proceeds are used solely for the purpose of funding environment-friendly projects. NYK will continue to take steps for the development and use of technology linked to environmental performance by proactively promoting green finance.
Image for representation purpose. Image Credits: nyk.com
1. Background
In...