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Jiangsu Co Ltd is Awarded EUR 35m Ro-Ro ContractanemptytextllineJinling Shipyard (Jiangsu) Co., Ltd. has received a shipbuilding contract for Ro-Ro ECO BARCELONA owned by Grimaldi Euromed S.p.A The EUR35m loan facility to finance the acquisition of the new vessel has been offered by Caixa Bank. The vessel is under construction at China Merchants... -
US$155m Credit for Two Sister LNG VesselsanemptytextllineJoint venture companies belonging to NYK Line, Sovcomflot Group (SCF Group), and Samudera Shipping Line Ltd received two non-recourse credit facilities totalling US$155m. The loans have been extended by MUFG Bank —as Facility and Security Agent— and Development Bank of Japan, comprising tranches with tenors... -
ICONIC Advises the Underwriters in Transport and Flood Control...anemptytextllineICONIC Project Finance (DXB) advised a consortium of underwriters in connection with the US$ 500m improvements to road and bridge connections as well as flood control and sanitation conditions in Vietnam. The strategic investment will unlock new pools of global institutional long-term capital for... -
Three Gorges Modern Logistics CenteranemptytextllineICONIC Project Finance (DXB) advised the underwriters on the US$246 million loan to Yichang Municipal Government to modernize logistics and boost the development along the Yangtze River Economic Belt. The Yangtze River Economic Belt is one of China’s major strategic initiatives in the country’s shift... -
US$120m Wind Farm Deal with the Government of MongoliaanemptytextllineICONIC Project Finance (DXB) advised the Government of Mongolia in connection with the US$ 120m project financing of the 55 MW Sainshand Shalkhin Park (SSP) wind farm development in the Gobi desert. The project has been shaped in consultation with the local communities and... -
Green Loan for NYK's First Methanol-fueled Chemical TankeranemptytextllineICONIC Project Finance (DXB) represented Taiyo Life Insurance Company, a Japanese Institutional Entity, as the sponsor, manager and subordinated note investor of the Green Loan to exclusively finance the building of NYK’s first methanol-fueled chemical tanker. This significant deal has created a new opportunity... -
IPFA Advises Hudong-Zhonghua and Shanghai shipyardanemptytextllineICONIC Project Finance (DXB) advised Chinese shipyards Hudong-Zhonghua Shipbuilding and Shanghai Jiangnan-Changxing Shipbuilding in connection with the working capital of a range of innovative LNG-fueled newbuilds. The newbuilds include a series of nine 23,000 TEU containerships with 18,600 cbm membrane-type LNG tanks for CMA... -
LNG Fueled Ro-Ro By Xiamen ShipbuildinganemptytextllineICONIC Project Finance (DXB) advised XIAMEN Shipbuilding Industry Co in connection with the shipping finance of two Liquefied Natural Gas (LNG)-fueled Ro-Ro vessels. Both ships are the first overseas car freighters in the world to be LNG-powered, while representing an important building block for the... -
Penang International Airport ExpansionanemptytextllineMinistry of Finance in Malaysia has approved Malaysia Airports Holdings Bhd (Malaysia Airports) proposal to immediately proceed with the Penang International Airport expansion plans in phases. PIA is a mid-sized airport, but it is one of the busiest airports in Malaysia and there were...