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China Exim Bank supports private shipping sector
2013-04-16
Guangzhou: The Export-Import Bank of China (China Exim Bank) signed financing deals with five private shipping companies in Fuzhou yesterday.
China Exim Bank will offer RMB700m credit facility to Fujian Huarong Marine and Guanhai Shipping respectively. A US$44.4m loan has been offered to Tuofu Ocean Shipping to order two 82,000dwt bulkers and a US$32.9m loan has been handed to Nanjing Tranvast Holdings to order two 39,000dwt MPVs.
China Exim Bank has also teamed up with Nordea Bank to jointly provide US$58m to AMP Shipping to order four bulkers in China.
Source from : SinoShip
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