News
02 February 2024

EBRD supports ASCO's fleet expansion

In:
Transport
Region:
Asia-Pacific

The EBRD has provided a $42 million (€38.71 million) loan to the Azerbaijan Caspian Shipping Company (ASCO). As a state-owned shipping entity in Azerbaijan, ASCO will utilize the funds to augment its merchant fleet operations, focusing on acquiring two Handysize vessels. These vessels will be...

Exclusive subscriber content…

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

Login

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

You might also like


Perspective
13 November 2025

Keynote: EKN’s new head, Nordlander, on continuity, change...

Åke Nordlander, director general at EKN discusses strategy in his new role, the increased prominence of defence, which now forms the largest part of the Swedish ECA’s cover....

Interview
21 November 2025

EDC’s Winterhalt on the kick to intensify diversification,...

Todd Winterhalt, senior vice-president of international markets at Export Development Canada (EDC), discusses EDC’s role in Canada’s market diversification at Berne Union’s...