LNG supplier and specialist LNG shipowner Avenir LNG has secured a 12-year, $94m mortgage financing from ABN Amro and the Export-Import Bank of China (China Exim Bank) for three of its six delivered or soon to be delivered newbuildings.
China Exim Bank is providing 60% and ABN Amro 40% of the funds, with an 80% guarantee from China Export & Credit Insurance Corp (Sinosure), covering 70% of the cost of the 7,500-cbm Avenir Ascension and Avenir Aspiration and the 20,000-cbm Avenir Allegiance (all built 2021).
