We are pleased to announce the completion of a green loan Japanese Operating Lease with Call Option (JOLCO) financing arrangement for two LNG-powered Pure Car and Truck Carriers (PCTCs).

The transaction has been structured in accordance with the Loan Market Association’s Green Loan Principles, supported by a second-party opinion from DNV GL.

Both vessels will be dedicated to Volkswagen Group’s vehicle transportation requirements under contracts with a minimum term of seven years.

The arrangement supports our investment in LNG-powered tonnage backed by long-term charter employment.