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Euronav secures new sustainability-linked loan

Belgian tanker carrier Euronav raises millions of euros through a new credit facility tied to several climate targets. Euronav thus joins a group that already counts players such as Hapag-Lloyd and Hafnia.

Photo: euronav

Yet another major shipping company now reports of a credit facility that is contingent on a series of climate targets.

This time, Belgian Euronav has signed the dotted line on a EUR 80 million (USD 95 million) revolving credit facility with a series of banks. And the new credit facility is tied to sustainability and emission reduction targets, informs the tanker company in a press release.

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