The trade financing solution is aligned with internationally-recognised Green Loan Principles and will support Seatrium’s offshore renewable projects and decarbonisation efforts.
Seatrium has secured a green trade finance facility from Oversea-Chinese Banking Corporation (OCBC) worth an estimated EUR720 million ($1.04 billion).
The facility, which comes with the issuance of a banker’s guarantee, is one of the largest syndicated financing solutions issued by a single bank for the maritime industry.
