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07 August 2022 The on-line newspaper devoted to the world of transports 20:48 GMT+2

July 13, 2022

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NiBC Commercial Bank's Shipping Portfolio Surpasses for the first time the value of one billion euros

Recorded a constant growth of financing in this sector

Dutch commercial bank NIBC announced today that the its own portfolio in the shipping sector has surpassed for the first time the value of one billion euros thanks to a steady growth in funding this year in this branch of activity. "We at NIBC - recalled the Head of Shipping of the bank, Michael de Visser - we have over 50 years of experience in ship financing and with our Funding policy throughout the cycle we have shown that be a stable and reliable partner at all stages of the cycle of shipping. We note - specified de Visser - that for the shipowners the need for financing is growing. NIBC has always been active in the small and medium segment size and we will continue to focus particularly on this business segment, with the ambition to further expand the our Shipping portfolio».

The bank also recalled that its loans to the naval sector are not aimed exclusively at the ship alone, but also to all the equipment and systems used in the entire cycle of life of the ship, starting from the water treatment systems of ballast in order to eliminate the impact on biodiversity, from scrubbers to purify exhaust fumes and reduce impact climate up to other measures for the efficiency of fuel consumption useful to help shipowners to decrease the impact of ships on the environment and decarbonising transport maritime.

ADSP Tirreno Centrale
PSA Genova Pra
Vincenzo Miele

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