Kexim provides first ship bond to help local firms

Region:

Asia-Pacific

Jonathan Bell

Editor-in-chief

The Export-Import Bank of Korea (Kexim) has agreed to provide a ship bond guarantee to help ship financing to a local shipping company - Sinokor Petrochemical. This is the first instance where the Korean export credit agency (ECA) has applied its ship bond guarantee scheme to support vessel purchases by a domestic shipping company,

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