NEXI backs loan to finance ship export to Panama
Nippon Export and Investment Insurance is providing loan insurance for MacLin Spring Maritime, in Panama, which is financed by Taiwan's Ta Tong Marine Group, to support its purchase of a bulk carrier built by Oshima Shipbuilding.
NEXI will cover a financing portion provided by Citibank, out of the co-financing set up between Citibank and Japan Bank for International Cooperation.
The TTM Group, a bulk carrier owner and operator, will be purchasing a 55,200 dwt steel carrier built by Oshima Shipbuilding to use it as a chartered vessel for Japanese shipping companies.