IMPLEMENTATION LEVEL

NFI

AFFECTED FLOW

Outflow (subsidised)

ANNOUNCED AS TEMPORARY

No

NON-TRADE-RELATED RATIONALE

No

ELIGIBLE FIRMS

firm-specific

JUMBO

No

TARIFF PEAK

No
← back to the state act
Inception date: 30 Jun 2010 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in June 2010 and finances the delivery of two split trailing suction hopper dredgers ('Zwei Split Trailing Suction Hopper Dredgers') to Denmark. The benefitting German exporter is Peene Werft GmbH.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 2. This category includes projects with a financing value between 16 and 50 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 16 million EUR (20 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 12 years. The financing institution is Norddeutsche Landesbank Girozentrale, Hannover.

AFFECTED COUNTRIES

MAP
TABLE
EXPORT

AFFECTED SECTORS AND PRODUCTS

444 Machinery for mining, quarrying & construction; parts
8429 Selfpropelled bulldozers, angledozers, graders, levellers, scrapers, mechanical shovels, excavators, shovel loaders, tamping machines and road rollers.
842952 Machinery with a 360? revolving superstructure

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