ING and EIB provide EUR 300 million to finance green shipping
(WorldNews Netherlands)

Amsterdam, 19 February 2018 ING and the European Investment Bank (EIB) today signed an agreement to support green investments for the European shipping market for a total value of EUR 300m. ING and EIB will each contribute EUR 150m to the facility. This agreement will ensure that sponsors of green and sustainable projects in the maritime transport sector can benefit from advantageous financial terms. The facility is available to clients with significant European interests, and can be used for projects with a green innovation element covering the construction of new vessels or retrofitting of existing vessels. It applies to both inland shipping and seagoing operators. This agreement forms...