Topic: Ship financing

Dutch Court of Auditors: Submarines require hundreds of millions more

The Dutch Ministry of Defence is earmarking hundreds of millions of euros too little for the purchase and operation of the four new submarines. According to research by the Court of Auditors, the budget needs...Read more

13-10-2020|Comment|author: Mariska Buitendijk

Boskalis finances mega cutter dredger Krios with ECA loan

Boskalis has financed its mega suction cutter dredger Krios through an innovative Export Credit Agency (ECA) covered loan. This marks the first ECA insured financing of its kind in the Netherlands. With this EUR 121...Read more

13-10-2020|Comment|author: Mariska Buitendijk

Dutch Government launches 250-million-euro SME ship fund

The Dutch shipbuilding industry receives a 250-million-euro boost. Institutional investors and the Dutch province of Groningen now offer this financing opportunity to Dutch SME entrepreneurs who build or modernise short sea vessels. Today (27 January), State...Read more

27-01-2020|Comment|author: Mariska Buitendijk

ShipFund Lands First Million

In May 2019, Shipping Company Groningen (SCG) started its own investment platform ShipFund. Now, the first four issued tranches have been filled, meaning the one million mark has been passed. SCG provides full-service ship management to...Read more

16-01-2020|Comment|author: Mariska Buitendijk

When the Banks Stay out of It, Shipowners Need to Find Their Own Financing

A large part of the shipping industry experiences difficulty in raising money from banks for the construction of new, ‘green’, and thus more expensive, ships. This means shipowners need to be creative in finding alternative...Read more

21-11-2019|Comment|author: Mariska Buitendijk