Search results for: loan

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  • 29 May 2020

    Van Oord has developed a Green loan framework as part of its financing strategy. The first Green Loans under the agreement were signed by Rabobank and BNP Paribas last week. The Green Loans are linked to Van Oord’s sustainability program S.E.A. and are intended for the financing of the three new LNG trailing suction hopper […]

  • 14 March 2019
    Business & Finance

    The City of Montrose, Colorado, has announced that funding for the first stage of river restoration improvements on the Uncompahgre River has been approved after the Montrose Urban Renewal Authority (MURA) board moved to match grant funds for the project.   During its regularly scheduled meeting on March 6, the MURA board approved a $1.1 […]

  • 13 December 2018
    Business & Finance

    The Asian Development Bank (ADB) and the Government of India signed a $60 Million Loan Agreement today in New Delhi to continue financing riverbank protection works, renovation of flood embankments, and community-based flood risk management activities in critically flood-prone areas along the Brahmaputra River in Assam. The Tranche 2 loan is part of the $120 […]

  • 6 June 2018
    Business & Finance

    The Export Import Bank of Korea (KEXIM) has signed a loan grant contract with the Department of Finance of the Philippines to support the Cebu New Port Construction Project with $173 million in the Economic Development Cooperation Fund (EDCF). The capital port development project, to be located in the village of Tayud in Consolacion, will be […]

  • 23 January 2018
    Business & Finance

    The Board of Directors of the European Bank for Reconstruction and Development (EBRD) last week approved the loan of up to $50 million to Nibulon. The loan is to support the expansion and modernization of Nibulon’s grain logistics infrastructure in 2018-2019 including the construction of river terminals, transshipment crane, river fleet and Mykolaiv terminal enhancement […]

  • 14 November 2017
    Business & Finance

    The Japan International Cooperation Agency (JICA) has signed a loan agreement with the Government of the Philippines, to provide a Japanese ODA loan of up to 15.928 billion yen for the Cavite Industrial Area Flood Risk Management Project. The project will implement flood control measures such as a flood diversion channel and river improvements in […]

  • 9 November 2017
    Business & Finance

    With a $35 million loan from the Inter-American Development Bank (IDB), The Bahamas will seek to build the country’s resilience to coastal risks through sustainable coastal protection, including natural infrastructure and integrated management of the coast. The program will finance shoreline stabilization and coastal flooding control measures on Grand Bahama Island, Central Long Island, and […]

  • 1 November 2017
    Business & Finance

    The Asian Development Bank (ADB) and the Government of India have signed a $65.5 million loan agreement at Bengaluru to continue interventions and to check coastal erosion on the western coast in Karnataka. The loan is the second tranche of a $250 million financing facility under the Sustainable Coastal Protection and Management Investment Program. The […]

  • 3 July 2017
    Business & Finance

    The capacity of the Port of Dar es Salaam will be increased to 25 million tons over the next seven years following the World Bank Board of Executive Directors’ approval of a $345 million credit and a $12 million grant to the new Dar es Salaam Maritime Gateway Project (DSMGP).  DSMGP is to be implemented […]

  • 30 March 2017
    Business & Finance

    The Japan International Cooperation Agency (JICA) today signed an agreement with the Government of Ivory Coast in Abidjan to provide a Japanese ODA loan of up to $97.6 million for the Abidjan Port Cereal Berth Construction Project. JICA said in its announcement that, under this project, the government will construct a new cereal berth at […]

  • 13 January 2017
    Business & Finance

    The African Development Bank Group (AfDB) approved in December a $40.8 million loan to the Republics of Benin and Togo to finance the upgrade of a four-lane 30 kilometer road section linking the capitals of both countries, as well as an important program of coastal protection. Located on the major axis linking Togo and Benin, […]

  • 11 January 2017
    Business & Finance

    The U.S. Environmental Protection Agency (EPA) has announced the availability of approximately $1 billion in credit assistance for water infrastructure projects under the new Water Infrastructure Finance and Innovation Act (WIFIA) program. EPA’s WIFIA program will provide long-term, low-cost credit assistance in the form of direct loans and loan guarantees to creditworthy water projects. According […]

  • 3 December 2015
    Business & Finance

    Parliament of Ghana approved a €160 million credit facility earlier this week to finance additional civil and dredging works at the Takoradi Port. The credit facility was secured by the Ghana Ports and Harbors Authority (GPHA) from a consortium of international banks with the Government of Ghana acting as the guarantor for the GPHA. Among […]

  • 15 May 2015
    Business & Finance

    The Japanese Government has agreed to provide Mozambique with a loan of about $280 million for the second phase of the northern port of Nacala development project. The memorandum was signed by Deputy Foreign Minister Nyeleti Mondlane and Japanese ambassador Akira Mizutani in Maputo yesterday. The first phase of the rehabilitation project began in March […]

  • 14 July 2014
    Business & Finance, Research & Development

    The African Export-Import Bank (Afreximbank) has arranged a EUR 200 million syndicated bridge financing facility for Cote d’Ivoire’s state-owned Port Autonome d’Abidjan (PAA) to enable the company expand facilities at the Abidjan Port. According to the agreement signed by PAA and the participating banks in Cairo and Abidjan, Afreximbank and Société Générale Cote d’Ivoire will […]

  • 17 June 2014
    Business & Finance, Equipment, Technology

    Governor Andrew M. Cuomo said yesterday that the New York State Environmental Facilities Corporation (EFC) will make up to $511.45 million in low-cost loans to the New York State Thruway Authority for environmental protection and Hudson River restoration projects related to the New NY Bridge project to replace the Tappan Zee. Along with the $1.6 […]

  • 17 February 2014
    Business & Finance, Equipment, Technology

    The Japan International Cooperation Agency (JICA) concluded a Japanese ODA loan agreement with the Republic of Iraq to provide funding for the Port Sector Rehabilitation Project (Phase II), at the Ministry of Finance, Baghdad. This is the 20th loan agreement under the Japanese ODA loan to Iraq, which brings Japan’s cumulative commitments to this country […]

  • 20 December 2013

    Governor Andrew M. Cuomo today announced that the New York State Thruway Authority and the U.S. Department of Transportation (USDOT) have closed on a $1.6 billion low interest loan from USDOT’s Transportation Infrastructure Finance and Innovation Act (TIFIA) program to support the New NY Bridge project. The TIFIA loan is the largest in the history […]

  • 3 December 2013
    Business & Finance, Equipment, Technology

    Sunergy, Inc. has announced that it has raised $150,000 in a combination of loans and equity in the months of November and December. These funds will primarily be used to enable the Company to commence seasonal dredging operations in Sierra Leone and Liberia. The Dredgemaster, David Price, is leaving the UK for Monrovia, Liberia and […]

  • 22 October 2013

    His Excellency President Benigno Aquino III of the Republic of the Philippines, together with Her Excellency President Park Geun-hye of the Republic of Korea, witnessed the signing of a Loan Agreement to support the implementation of the Integrated Disaster Risk Reduction and Climate Change Adaptation Measures in the Low Lying Areas of Pampanga Bay Project. […]

  • 16 July 2013
    Business & Finance

    Associated British Ports (ABP) announces that its intermediate parent company, ABP Acquisitions UK Ltd (ABPA), has signed a £70m loan facility with the European Investment Bank. The loan from Europe’s long-term lending institution will be used to fund part of the costs of the further development of the UK’s second largest container terminal at the […]

  • 8 March 2013

    Historic low water levels have moved harbor dredging to the top of Michigan tourism’s priority list for public marinas and ports in the state, and now private facilities could also receive some state assistance to help improve navigable access. Rep. Ray Franz today co-sponsored legislation to create The Marina Dredging Loan Origination Program, a partnership […]

  • 10 January 2013
    Business & Finance

    At the end of year 2012 Klaipedos Smelte signed loan agreement with the European Bank for Reconstruction and Development (EBRD) and SEB Bank’s for construction container hub in Klaipeda. The total loan amount is 65 million Euro. The construction of a modern container distribution center in the port of Klaipeda is expected to attract ocean-going […]

  • 16 November 2012

    A $250 million loan by the Asian Development Bank (ADB) to rehabilitate the fifth largest freshwater lake in the People’s Republic of China (PRC) will also test an eco-compensation program and a water emissions trading system aimed at controlling ubiquitous sources of rural water pollution. “Chao Lake bore the brunt of rapid local economic growth […]

  • 9 November 2012

    European Bank for Reconstruction and Development (EBRD) provides a $24 million loan to finance Split Port development, according to Bloomberg. The Port of Split is a port in the central Dalmatian city of Split, Croatia. As of 2011, the port ranks as the largest passenger port in Croatia and the third largest passenger port in […]

  • 26 September 2012

    At its meeting last night, the Public Utilities Commission heard petitions filed by the Port Authority of Guam (PAG) on the insurance coverage and crane loan terms and conditions. The PUC authorized PAG to agree to the terms and conditions of the ANZ commercial loan related to the acquisition of Port of Los Angles (PoLa) […]