Financed ProjectsVernal

Identification Code:

OP/05/0530

Total Operation Cost:

0

Maturity:

107 months

Operation Status:

Description and Purpose of the Operation:

BSTDB provided a long-term secured loan to Vernal Group for the renewal of 10 river-sea vessels of 5.000 and 6.300 DWT for transportation of bulk dry cargoes.

Countries of Operation:

Ukraine (100,00 %)

Financial Product:

Loans

Sector:

Industrials

Domain:

Private

Borrower/Client:

Bonito Shipping

Co-Financiers/Participants:

Guarantors/Sponsors:

Developmental and Regional Cooperation Impact:

The renewal of river-sea vessels will facilitate the expansion of international trade in the Black Sea region and will generate new employment opportunities.

Environmental Classification and Impact (summary):

The operation is consistent with BSTDB environmental requirements. All vessels hold the appropriate IMO certificates and licences.

Operation Leader:

Energy & Infrastructure, General Industries, Transport, Tourism 1

E-mail:

ei@bstdb.org,gitt1@bstdb.org