KfW IPEX finances 4 bulk carriers for European short sea shipping
Germany's KfW IPEX-Bank, together with DekaBank, has provided around €51 million to finance four 16,500 dwt short sea bulk carriers for use in the North and Baltic Seas for Ireland's Arklow Shipping. The financing is backed by a 95% Hermes cover. KfW IPEX was the mandated lead arranger....