More sustainable scrapping of ships: KfW IPEX-Bank joins Responsible Ship Recycling Standards
Frankfurt/Main (ots) - - Inclusion of scrapping clauses in loan agreements - KfW IPEX-Bank first German bank to adopt Responsible Ship Recycling Standards - Lending volume for Maritime Industries at KfW IPEX-Bank in 2017: EUR 13.9 billion. Hundreds of ships are decommissioned and scrapped every year. Since this ...
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