U-Ming secures its First Sustainability-Linked Loan | Hellenic Shipping News Worldwide
U-Ming secures its First Sustainability-Linked Loan U-Ming Marine Transport Corporation (“U-Ming”) (TSEC code: 2606), Taiwan’s largest publicly listed bulk carrier company, has secured its first Sustainability-Linked Loan (“SLL”) of USD45 million with E.SUN Commercial Bank, a testimony on its long-standing commitment and accountability on sustainability. To secure the SSL, U-Ming underwent a rigorous due-diligence process that evaluated the company’s financial strength as well as ESG achievements. The SSL also incorporates an incentive scheme linked to pre-determined Environmental...