Global Trade Alert
Global Trade Alert

Japan: JBIC signs buyer's credit agreements to support Japanese exports of bulk carriers

Announcement

30 May 2014

On 29 May 2014, the Japan Bank for International Cooperation (JBIC) signed two buyer's credit agreements with Singaporean Best Ocean Navigation Pte. Ltd. and Nice Ocean Navigation Pte. Ltd to finance the purchase of bulk carriers from Japanese exporter and manufacturer.

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

Implementation date

29 May 2014

Revocation date:

No revocation date

Updated: 30 May 2014
Trade finance In force

The buyer's credit agreements between JBIC and the Singaporean companies Best Ocean Navigation Pte. Ltd and Nice Ocean Navigation Pte. Ltd has a total maximum value of USD 12 million and USD 11.8 m...

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