Overview

China Eximbank provides a loan to Angelicoussis Shipping Group Ltd. for the purchase of a dry bulk carrier

Commitment Year•2021Country of Activity•GreeceDirect Recipient Country of Incorporation•Cayman IslandsSector•Transport And StorageFlow Type•Loan

Status

Project lifecycle

Pipeline: Commitment

Pipeline: PledgePipeline: CommitmentImplementationCompletion

Timeline

Key dates

Commitment date: Feb 9, 2021

Geospatial footprint

Map overview

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This loan supported the acquisition of a dry bulk carrier by Angelicoussis Shipping Group Ltd., which is headquartered at 216-226 Doiranis Street, 17674, Kallithea, Athens, Greece. More detailed locational can be found at: https://www.openstreetmap.org/way/697893197

Stakeholders

Organizations involved in projects and activities supported by financial and in-kind transfers from Chinese government and state-owned entities

Ultimate beneficial owners

At least 25% host country ownership

Funding agencies

State-owned Policy Banks

Export-Import Bank of China (China Eximbank)

Receiving agencies

Private Sector

Angelicoussis Shipping Group Limited (ASGL)

Loan description

China Eximbank provides a loan to Angelicoussis Shipping Group Ltd. for the purchase of a dry bulk carrier

Interest type•Unknown

Narrative

Full Description

Project narrative

As part of the virtual February 9, 2021 China-CEEC Summit, the Export-Import Bank of China signed a loan agreement with Greek shipping company Angelicoussis Shipping Group Ltd. (ASGL) for the purchase of one dry bulk carrier. The face value of this loan is unknown.