The source is an analysis of the value creation potential associated with the development of a Norwegian floating offshore wind industry.
Result 2nd quarter 2019
Export Credit Norway issued new loans worth NOK 3.1 billion in the second quarter of 2019. This is the highest loan volume in one single quarter since 2015.
Revenues from technologies that reduce emissions of climate gases or harmful gases in the maritime industry has tripled in the past five years, to NOK 28 billion in 2018. The record high revenues laid the foundation for approximately 8,000 jobs in the Norwegian maritime industry last year.
Icelandic fishing company Bergur-Huginn has today been issued a loan from Export Credit Norway in connection with delivery of the Vestmannaey stern trawler from Vard’s Aukra facility in Norway. A further five loans, for five identical vessels, will be disbursed to Icelandic shipowners over the coming months.
Export Credit Norway has disbursed a EUR 130 million loan to Hurtigruten AS. The loan will be used to fund the shipping company’s purchase of MS Roald Amundsen.
The wellboat company Sølvtrans became the first recipient of a loan disbursement under Norway’s new officially supported ship financing solution, which aims to make it easier for shipping companies to choose Norwegian shipyards and equipment suppliers.
During Nor-Shipping 2019, Export Credit Norway, GIEK, GIEK Credit Insurance and Innovation Norway will arrange several "MINI-TALKS" at their joint stand no. C04-17.
The highly diverse range of applications received by Export Credit Norway reflects the growing range of industries interested in export financing. The Q1 2019 application total was approximately on a par with preceding quarters.