EUR 250 Mn Fund for Dutch Shipping Launched

Dutch shipowners will now be able to benefit from a newly-inaugurated EUR 250 million (USD 275.5 million) fund, the NesecShipping Debt Fund. The fund provides mortgage-backed loans for short-sea vessels, and it is partly backed by the Dutch state. It has attracted interest from institutional investors such as the Nederlandse Waterschapsbank, the Province of Groningen…