ANNOUNCEMENT 31 May 2010

In May 2010, the German Export Crediting Agency announced its support of an export project concerning the delivery of a container ship to Turkey.

NUMBER OF INTERVENTIONS

1

  • 1 harmful
  • 0 neutral
  • 0 liberalising
Inception date: 31 May 2010 | Removal date: open ended
Still in force

Trade finance

The export loan was announced in May 2010 and finances the delivery of a container ship ('Containerschiff') to Turkey. The benefitting German exporter is Volkswerft Stralsund 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 SECTORS

 

AFFECTED PRODUCTS