China’s First Sustainable Ship Finance Launched

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Credit: rinson-chory-2vPGGOU-unsplash

BOCOM Leasing launched the first sustainable development-linked ship financing in China, highlights a Xinde Marine News.

Bank of Communications Financial Leasing

This project is the first ship financing project linked to sustainable development index carried out by BOCOM Leasing, and also the first ship financing loan linked to sustainable development index of Chinese financial leasing companies.

This project financing also follows the sustainable financing principles of LMA, APLMA and LSTA, and incorporates the ship energy efficiency ratio into the assessment index of the duration, realizing the link with the sustainable development index.

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Source: Xinde Marine News