XINDE MARINE NEWS
EIBC helps the development of shipping enterprises xinde marine news Sarah Yu 2020-09-18 13:26


Under the background of the continuous spread of the global epidemic situation, the Export-Import Bank of China fully supports the shipping enterprises to resume production and smooth operation through the letter of guarantee business.

EIBC issued advance payment guarantee for Jiangnan Shipbuilding's export of two 98,000 square meters Type B VLEC.

This project is the first VLEC construction project in the domestic shipping market, with the largest volume in the world and the largest capacity in the world.

In addition, EIBC also issued advance payment guarantee for the export LNG ship project of Hudong Zhonghua Shipbuilding Group to help shipping enterprises stabilize production and guarantee orders.

Marine Money's latest ranking of the world's major shipping financial institutions shows that the Export Import Bank ranks second in the world and the first in China with a ship financing volume of US $17.8 billion.

Source: Sarah Yu, XINDE MARINE NEWS

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

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