IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

all

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 10 Apr 2014 | Removal date: open ended
Still in force

Trade finance

 On 10 April 2014, the German Eximbank KfW announced it would provide an export credit worth almost 600 million USD over a period of 12 years for the purchase of a cruise ship by the Hong Kong-based company Star Cruises. The ship will be produced by the Meyer Werft shipyard in Papenburg, Germany.
A month later (cf. Related Measures) Start Cruises obtained another export credit for a second cruise ship.
The list of affected trading partners is based on the 6-digit HS code 890110.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

493 Ships
8901 Cruise ships, excursion boats, ferryboats, cargo ships, barges and similar vessels for the transport of persons or goods.
890110 Cruise ships, excursion boats and similar vessels principally designed for the transport of persons; ferryboats of all kinds

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