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Global Trade Alert

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Republic of Korea: ExImBank provides USD 300 million in ship financing to American Scorpio Tankers Inc

Description

On 2 April 2014 the Export-Import Bank (Eximbank) of Korea provided USD 300 million (USD 175 million as a direct loan and USD 125 million in ship bond guarantees) in ship financing to Amercian Scorpio...

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Intervention Details

Intervention Type

Trade finance

MAST Chapter

P: Export-related measures (incl. subsidies)

Implementation date

02 Apr 2014

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Outward subsidy

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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