Shipbuilding Credit to Expand
Advertise Here
Trending Topics:
Sunday, June 14, 2015

Ship Equipment
Ship Maintenance
Ship Systems
Worldwide Metric
Freeman Marine
Neptune Group

Home Page
About MarineTalk
Buyer's Guide
World InfoDesk
Discussion Forums
Advisory Board
Advertising Information
Submit Company Listing
Edit Company Listing
Site Map
MarineTalk Site Search:
Featured Companies

Digital Ship
Digital Ship is a London-based media company specialising in commercial maritime information technology, publishing a print magazine and weekly e-mail newsletter, with a series of conferences around the world.
    United Kingdom

Balance Financial
At Balance, we realize your situation is unique. This doesn't mean your needs shouldn't be met. By allowing one of our bookkeepers to work with you, we can assure that the time you spend away from home can be less stressful for you and your family.
    USA Washington

Neptune Group Pte Ltd
Neptune Group provides a 60 foot charter yacht for intimate sundowner cruises and larger events within the marina. They are also exclusive agents for Bondway Motor Cruisers and Luxury Live-Aboards / Houseboats in Singapore, Malaysia and Indonesia

Hanseatic Marine Training School
A marine training school situated in Cyprus providing training facilities to the marine industry. Training at all levels excluding national licenses, the school specialises in pre-sea and rating training and "specialised short courses".

Shipbuilding Credit to Expand


The Export-Import Bank of China (China Exim Bank) has pledged to expand buyer's credit to bolster support for export in China's shipping industry. The buyer's credit, which offers lower interest rates spread over longer periods, and is used on the international financial market, is welcomed by ship manufacturers, ship owners and banks. China's shipbuilding industry has developed rapidly during the past two decades, due to the joint efforts by related government departments and workers. As a capital, technology- and labour-intensive industry, shipbuilding has played an important role in fueling national economic development.

By the end of June this year, China Exim Bank provided export credit (including seller's and buyer's credit) worth of 43.4 billion yuan (US$5.1 billion) for shipping export. This accounts for 23 per cent of the total. The bank will also improve personnel training and co-operation with shipping export companies and related government departments to promote export of China-made ships. In addition, the bank will focus its efforts on providing quality financial services for Chinese companies who invest in foreign countries in the coming years and expand loan services to those businesses which engage in trade or contract projects abroad.

China Daily  

You may also like:
Trending Technology, World Shipping & Maritime News

Latest Marine News and Technology Articles | Maritime 2015 Buyer's Guide


E-mail:  Contact Us

Copyright 1998 - 2015 MarineTalk
Division of Link Internet Business Solutions
All rights reserved.

The reproduction, retrieval, copying or transmission of this Web site content,
in whole or in part, is not permitted without the express permission of
MarineTalk .