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: 31 Mar 2013 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in March 2013 and finances the construction and delivery of two river cruise ships ('Bau und Lieferung von zwei Flusskreuzfahrtschiffen (Neubau S 535/S 536)') to Switzerland. The benefitting German exporter is NEPTUN WERFT GmbH, Rostock.

The German Eximbank only publishes value ranges for the projects it finances. The present project is in category 3. This cagegory includes projects with a financing value between 51 and 100 million EUR. The GTA assumes the lower bound amount of the respective category, in this case 51 million EUR (65 million USD), as the conservative estimate of the project value.

The maturity of the loan will be 8.5 years. The financing institution is KfW IPEX-Bank GmbH, Frankfurt.

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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