Azerbaijan Caspian Shipping Company (ASCO)

ASCO's Fleet Expansion Project - EBRD Financing

Industry
Social infrastructure/Ships
Area of finance
Shipping Finance
Region
Russia CIS
Russia CIS
Countries
Azerbaijan

Project Overview

The EBRD has provided a $42 million (€38.9 million) loan to the Azerbaijan Caspian Shipping Company. As a state-owned shipping entity in Azerbaijan, ASCO will utilize the funds to augment its merchant fleet operations, focusing on acquiring two Handy size vessels.

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Deal Volume
$42m
Dealmakers

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Tranches

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