China: Rongsheng and CDB Ink USD 100 Million Loan Agreement

China Rongsheng Heavy Industries Group Holdings Limited,signed agreement for a loan of US$ 100 million with China Development Bank (CDB) Hong Kong branch.

This offshore US-dollar loan marks a milestone on the cooperation history between CDB and the Group. CDB Hong Kong Branch is the launch pad for CDB’s transition into world market. Its operations were set up to serve strong Chinese enterprise in the international arena. The corporation with China Rongshengillustrates CDB’s support to domestic private-owned enterprise and CDB’s efforts as a financial bridge between mainland China and Hong Kong.

In addition, this cooperation is another successful practice after China Rongsheng secured its first overseas syndicated loan of US$220 million in August. This demonstrates great support from financial institutioins and China Rongsheng’s proactive risk management strategy.

Ch Rongsheng is a leading large-scale heavy industry enterprise group. It possesses two manufacturing bases of shipbuilding and offshore engineering in Nantong of Jiangsu Province and diesel engine in Hefei of Anhui Province both approved by NDRC, covering wide services ranging from shipbuilding, offshore engineering, power engineering, engineering machinery and etc.

Shipbuilding Tribune Staff, December 30, 2011; Image: rshi

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Posted on December 30, 2011

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Electric & Hybrid Marine World Expo 23 June – 25 June

Electric & Hybrid Marine World Expo, to be held in Amsterdam, the Netherlands, from 23-25 June 2015, is dedicated solely to showcasing the very latest and next-generation electric and hybrid marine propulsion technologies, components and solutions.

Why visit Electric & Hybrid Marine World Expo?

Expect to see technologies and components including:

• Test and measurement tools
• Simulation software
• Energy storage solutions including lithium-ion technology
• Electric motors
• Permanent magnet motors
• Microturbines
• Electric outboards
• Cooling systems
• Drive control systems
• Brushless motors
• AC/DC motors
• Super-capacitors
• Converters
• Inverters
• Diesel/electric generators
• Gen-sets
• Emission reduction technology
• Exhaust gas cleaning systems / scrubbers
• Waste heat recovery systems
• Electric/hybrid control systems
• Electric pod/bow/side thrusters
• Electric/hybrid propulsion technology and systems
• Electric/hybrid crane, winch, cargo door systems
• Hybrid electric drive systems
• Systems integration
• Ship-to-shore power
• Battery charging systems
• Fuel cell technology
• LNG/hybrid propulsion
Read more about the event here.

 

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Offshore Accommodation and Access

Asia’s ONLY Event on Offshore Accommodation

Offshore Accommodation and Access is the only event in Asia that provides you the key to find cutting-edge accommodation solutions for your offshore personnel. Get the latest outlook from key players as well as technical, commercial and operational perspectives that drive the market.

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Contact Details:
Email: register@ibcasia.com.sg
Telephone: +65 6508 2401
Fax: +65 6508 2407
Mail: IBC Asia (S) PTE LTD, 111 Somerset Road, TripleOne Somerset #10-06 Singapore 238164

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Global Tax Optimisation for Shipping

Singapore’s First Commercially-Focused Tax Event

Asia’s first commercially focused tax briefing will confront the complexities, bring case studies, review how other corporations are approaching the challenges, and offer insight into recent court rulings that can impact your company.

The 2 day briefing will provide updates, strategies and solutions for strategic as well as day-to-day tax challenges.

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Contact Details:
Email: register@ibcasia.com.sg
Telephone: +65 6508 2401
Fax: +65 6508 2407
Mail: IBC Asia (S) PTE LTD, 111 Somerset Road, TripleOne Somerset #10-06 Singapore 238164

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Port Finance International Mexico 2015

Given the successful gathering last June of our 1st Port Finance International Mexico & LATAM, PFI will be holding the 2nd Mexican & LATAM PFI Forum.

This conference is a meeting point to understand Mexicans ports current and future opportunities and find solutions to challenges.

Mexico’s port development and operations is currently thriving, with great opportunities of product and service provider companies to access high value opportunities.

Mexico’s Infrastructure investment has grown from 3% of GDP in 2000 to nearly 5% in 2012.

A National Program has been launched, devoting nearly £65 billion to help modernize and develop four leading ports, construct ten specialized terminals and grow Mexico’s cargo handling capacity by 60%.

There has been a £2.9 billion investment into expanding the port of Veracruz which will increase the port’s terminals from 18 to 28 and enhance its cargo capacity to 116 million tons.

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