U-Ming secures JBIC and Citi co-financing

Region:

Asia-Pacific

Mayur Pande

Analyst

Taiwan Stock Exchange-listed shipping operator U-Ming Marine Transport has secured buyer credit agreements for the purchase of three 84,000DWT class bulk carriers from Sumitomo Corporation.  The total value of the deal is approximately $81.1 million, equally split between JBIC and Citibank Japan. Nippon Export and Investment Insurance (Nexi) is providing buyer credit insurance for the Citi portion.  

Exclusive subscriber content…

If you are a TXF subscriber, please login to continue reading

Not yet a subscriber? Join us today to continue accessing content without any restrictions

View our subscription options

Or to request access to TXF Intelligence contact us

Request Access

A benchmark in ECA shopping line credits

Perspective

01 December 2025

A benchmark in ECA shopping line credits

Euler Hermes’ inaugural shopping line credit under the German government’s new framework heralds a new era in German export finance. The bespoke solution — originated,...

Adaptability in action with BU President Akita

Interview

05 December 2025

Adaptability in action with BU President Akita

Yuichiro Akita, President of the Berne Union and senior general manager, international strategic policy, at Nippon Export and Investment Insurance (NEXI) discusses the...

Must See

Video

29 October 2025

10 mins with: PuiYin Tham, Marubeni

TXF spoke with PuiYin Tham, vice president of business development at Marubeni to outline the benefits of taking the ECA funding route and how the Japanese developer’s deal pipeline is shaping up in the APAC region.

Perspective

01 December 2025

A benchmark in ECA shopping line credits

Euler Hermes’ inaugural shopping line credit under the German government’s new framework heralds a new era in German export finance. The bespoke solution — originated, structured and delivered by Santander CIB — is a boon for borrowers looking for a diverse funding mix, flexible use of proceeds and the ability to tap a multitude of exporters.

Interview

05 December 2025

Adaptability in action with BU President Akita

Yuichiro Akita, President of the Berne Union and senior general manager, international strategic policy, at Nippon Export and Investment Insurance (NEXI) discusses the necessity of adaptability with TXF at the Berne Union’s AGM in Ottawa.