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Major Banks Back Union Maritime Wind-Assisted Tanker Newbuildings with New Financing
Financing shows appetite to fund low-emitting vessel projects
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Union Maritime locks in $130m financing for wind‑assisted RL2 newbuilds
Diversified UK shipowner Union Maritime has closed a $130m delivery financing package for two next‑generation LR2 tankers. The deal was led by Société Générale and the Export–Import Bank of China and arranged through a syndicated facility. The vessels are scheduled for delivery from Yangzijiang Shipbuilding in late 2025 and early 2026. Each tanker newbuild will …
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