XINDE MARINE NEWS
BOCOM Leasing launched the first sustainable development-linked ship financing in China Xinde Marine News Sarah Yu 2023-05-12 15:42

Recently, Bank of Communications Financial Leasing has successfully launched a five-year LNG ship financing project with Standard Chartered Bank and ICBC, with a total amount of $200 million.

This project is the first ship financing project linked to sustainable development index carried out by BOCOM Leasing, and also the first ship financing loan linked to sustainable development index of Chinese financial leasing companies.

[Photo: BOCOM Leasing]

This project financing also follows the sustainable financing principles of LMA, APLMA and LSTA, and incorporates the ship energy efficiency ratio into the assessment index of the duration, realizing the link with the sustainable development index.
 
By Xinde Marine News Sarah Yu


The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.

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