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Hua San crude carrier financing - A $0.00 m

  • Entry date - Monday, 17 November 2008
  • Jurisdiction - Singapore
  • Practice - Finance
  • Deal involved financing of "Hua San", the world's first very large crude carrier (VLCC) built to Common Structural Rules.

Back

  • Firm - Stephenson Harwood
  • Client - ING Bank N.V.
  • Lead Lawyers -
  • Role -

Deal summary

  • Deal involved financing of "Hua San", the world's first very large crude carrier (VLCC) built to Common Structural Rules.

  • ING Bank N.V. acted as agent for a syndicate of international lenders to holding company Xihe Holdings (Pte) Ltd., whose unit Singapore-based tanker vessel fleet operator Ocean Tankers Pte Ltd took delivery.

  • The "Hua San" is the largest vessel by weight ever to be built in China.


 


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