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COSCO SHIPPING Development’s Successful Drawdown of its First Green Vessel Loan
发布时间: 2022-07-17

  On 15 July, the first green vessel loan of COSCO SHIPPING Development was successfully drawn down. It is a vessel mortgage loan successfully drawn from Bank of Communications (Hong Kong) Limited for a 180,000TEU dual-fuel LNG-powered vessel, and the certification of the green vessel loan was completed simultaneously.

  In the context of the national "dual carbon" goal, COSCO SHIPPING Development has always adhered to green production and fulfilled its social responsibility of green and low-carbon. The successful drawdown of the first green loan marks an important step for COSCO SHIPPING Development to transform into a green and low-carbon enterprise with the aid through financial instruments.

  In the future, COSCO SHIPPING Development will continue to uphold the principle of sustainable development, integrate the philosophy of green development into all aspects of the Company's production and operation, lead the green transformation of upstream and downstream partners in the industry chain, stick to green production and low-carbon operation, and actively promote the transformation of itself and the industry towards the direction of energy   saving, environmental friendly, green and low-carbon development.

About Us
COSCO SHIPPING Development Co., Ltd. (the “Company” or “COSCO SHIPPING Development”), formerly known as China Shipping Container Lines Company Limited, is a subsidiary of China COSCO SHIPPING Corporation Limited (“China COSCO SHIPPING” or “COSCO SHIPPING”) specialized in supply-chain financial services. The Company was established in 1997, with head office in Shanghai, the People’s Republic of China (the “PRC”), and is listed both in Hong Kong and Shanghai. The registered capital of the Company is about RMB11.61billion.
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