Korea Development Bank (KDB), the state bank is launching the KDB Ocean Value-Up pot this year for small and medium-sized shipping companies. Korea Development Bank (KDB) wants to improve competitiveness in the domestic industry. Details have yet to be finalised and talks are ongoing with the country's financial watchdog. The fund could be run through the new Maritime Finance Centre (MFC), which officially opened this week under the supervision of the Busan International Financial Centre. MFC is a collaboration between Korea Development Bank (KDB) and Korea Export-Import Bank (Exim Bank) and the Korean Trade Insurance Corp (K-Sure).
Dry Bulk Shipping News - Shipbroker Notes