12/08/2014

The Export-Import Bank of China has agreed to extend ship financing loans

The Export-Import Bank of China has last Friday agreed to extend ship financing loans worth RMB21.8bn ($3.6bn) to 11 Chinese shipbuilding enterprises for their contracts with international clients. The loans from China EximBank went mainly to self-elevating drilling rigs, 65 units of containerships for export and 12 units of eco-friendly coastal vessels.