Eksfin (Export Finance Norway) has established an EUR 70m export buyer credit guarantee for Europe’s largest shipyard group for the procurement of a wide range of maritime equipment and service deliveries from Norwegian exporters. Read More
Norwegian export credit agency Eksfin (formerly Export Credit Norway and GIEK) is playing a major role in accelerating the ‘green shift’ at sea, providing loan guarantees approaching 1 billion Euro for the construction of 35 eco-friendly vessels over the last four years – including ‘Le Commandant Charcot’, the world’s most exclusive polar exploration cruise ship recently delivered to French cruise line PONANT by Norwegian shipbuilder VARD. Read More
Eksfin has had a strong focus on working conditions at shipyards for over a decade, and in many cases have observed labour rights related risks and issues at the yards. Read More
Export Credit Norway is one of several financial institutions which have adhered to the Poseidon Principles, a framework used for measuring the carbon intensity in ship finance portfolios. The initiative to build the framework came after the International Maritime Organization’s (IMO) decision to work towards the UN’s climate targets and… Read More
This is the first time such a mapping exercise has been conducted in Norway. The analysis was carried out by Menon Economics on behalf of Export Credit Norway, Enova, NCE Maritime CleanTech and the Norwegian Shipowners’ Association. Download the report here (in Norwegian only) The objective of the analysis… Read More
