COMPETITIVE FINANCING FROM NORWAY
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Export Credit Norway made a historic disbursement in the first quarter of 2017, finalising its first loan arrangement for a fishing vessel constructed for a foreign shipping company at a Norwegian yard. “This is an excellent example of the adaptability demonstrated by the shipbuilding industry in refocusing on new customer segments and ship types quickly,” says Export Credit Norway CEO Otto Søberg.
Following a six-year freeze in relations between China and Norway, Norwegian businesses are eying renewed opportunities in China, and Export Credit Norway is registering growing interest.
Three out of 10 windmill blades in Europe are made of fibreglass delivered by Birkeland-based 3B Fibreglass Norway. “A worthy winner of the Export Award 2017,” says jury chair John G. Bernander.
Export Credit Norway extends loans to large and small companies in Norway and abroad for purchases of capital goods and services from Norwegian exporters.
Export Credit Norway helps export businesses to win contracts abroad.
Export Credit Norway provides financing solutions for many new-build contracts at Norwegian shipyards.
The Norwegian supplier industry has a strong position in the offshore oil & gas industry, and Export Credit Norway has received applications relating to more than 40 percent of all deep-water drilling units contracted for delivery in 2013 and 2014.
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