The Export-Import Bank of Korea will provide financing to the Greek Angelicoussis Shipping Group in its large ships orders at Korean shipyards. The post Bank of Korea to help Greek shipowner in…
https://www.offshore-energy.biz/bank-of-korea-to-help-greek-shipowner-in-financing-newbuilds/
The Export-Import Bank of Korea (Korea EXIM Bank KEB) and Multi-Asset Global Investments, an offshoot of South Korean financial services group Mirae Asset, will provide the US$30 million finance for HMM’s new containers.
In February, HMM ordered 17,000 40ft containers from China International Marine Containers and Pan Ocean Container Supplies. The liner operator is set to commission more 13,000TEU newbuildings and is expected to order more containers, and will have expanded its container fleet...
https://container-news.com/korean-banks-finance-hmms-latest-container-order/
South Korean financial institutions have put up a loan package of nearly KRW200 billion (US$179 million) for Sinokor Merchant Marine, the country’s second largest container shipping group.
The financing is part of a move to support South Korea’s major shipping companies that are experiencing a liquidity crunch due to the Covid-19 pandemic.
Korea Development Bank and The Export-Import Bank of Korea will provide KRW120 billion (US$107.39 million) of long-term loans to Sinokor, while Korea Ocean...
https://container-news.com/sinokor-gets-nearly-us180m-in-loans-from-policy-lenders/