ORIX Other service
Ship Finance - Sustainability Linked Loan
A ship finance loan with a preferential interest rate for the following year when the financed ship's annual CO2 emissions, calculated by ClassNK, are below a standard value.
Description
ORIX's Ship Finance business offers a sustainability linked loan tied to the annual CO2 emissions of the financed ship. After the loan is disbursed, if the ship's annual CO2 emissions are below the standard value, a preferential interest rate is applied for the following year. To ensure objectivity and fairness, the emissions are calculated by Nippon Kaiji Kyokai (ClassNK). ORIX presents the loan as a financial contribution to decarbonizing the shipping industry.
Key features
- Interest rate linked to the financed ship's annual CO2 emissions
- Preferential rate for the following year when emissions are below the standard value
- Emissions calculated by ClassNK
Applications
- Financing for shipowners and operators pursuing lower-emission operation
Specifications
| Emissions verification | Nippon Kaiji Kyokai (ClassNK) |
|---|---|
| Incentive | Preferential interest rate for the following year |
More from ORIX
Featured services
All services →Other service
Annual Conference
Annual conference providing education, networking and formation for Catholic maritime ministers and mariners.
Rental / Leasing
Ship Leasing, Financing and Investment
ORIX invests in ships and charters them to Japanese and international shipping companies, and provides ship financing; in ship leasing since 1971 and a shipowner since the 1980s.
Rental / Leasing
Vessel Services
Fleet of workboats from 17 to 84 ft supporting salvage, surveys, construction and diving, also available for charter.