MOL Concludes ‘Transition Loan’ Contract for 2 LNG-fueled Ferries – First Use of Transition Loan in Japan, Selected as Model for METI Climate Transition Finance

Mitsui O.S.K. Lines, Ltd. yesterday announced the conclusion of a syndicated “Transition Loan” (Note 1) for two LNG-fueled ferries: the Sunflower Kurenai and the Sunflower Murasaki. The Development Bank of Japan Inc. (DBJ; President & CEO: Hajime Watanabe; Head Office: Chiyoda-ku, Tokyo) and Sumitomo Mitsui Trust Bank, Limited (SMTB; President: Kazuya Oyama; Head Office: Chiyoda-ku, …

The post MOL Concludes ‘Transition Loan’ Contract for 2 LNG-fueled Ferries – First Use of Transition Loan in Japan, Selected as Model for METI Climate Transition Finance first appeared on Hellenic Shipping News Worldwide.

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