According to the latest Reuters report, Standard Chartered announced on 17 January that it had completed three shipping deals worth more than US$1.6 billion in recent months.
The deals include in December a US$684.5 million up to 12-year facility for BW Gas JuJu LNG, a joint venture between BW Group and Japan's Marubeni.
In November, the bank also structured a US$350 million Islamic facility for National Shipping Company of Saudi Arabia.
The month before it closed a US$572 million loan to subsidiaries of India's Reliance Group.
Read the article online at: https://www.lngindustry.com/liquid-natural-gas/18012017/standard-chartered-closes-on-shipping-deals/
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According to Reuters, four companies have placed offers into a 10-year import tender for LNG deliveries to Pakistan, with Pakistan LNG expected to award the tender in August 2019.
