Global Trade Alert
Global Trade Alert

Japan: JBIC signs two buyer's credit agreement to promote the Japanese shipbuilding industry

Announcement

01 Nov 2011

On 31 October 2011, the Japan Bank for International Cooperation (JBIC) signed two buyer's credit agreements with Danish Dampskibsselskabet NORDEN A/S to finance the purchase of two 37,000-DWT bulk carriers built by a Japanese manufacturer.

 

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

31 Oct 2011

Revocation date:

No revocation date

Last action: 01 Nov 2011
Trade finance In force
The two buyer's credit agreements between Danish Dampskibsselskabet NORDEN A/S and JBIC each have a value of USD 25 million. The governmental agency Nippon Export and Import Insurance (NEXI) provides ...
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