Funding for Shipyards, Container Ships, Oil Tankers and Fishing Vessels
About United OPEC Banks
At United OPEC Banks, we have an intimate knowledge of corporate vision.
As the leader in the world-wide financing industry, we have a genuine appreciation for how far we've come, and a sharply focused sense of where we're going.
And, more importantly, craft the best solution for your organization's financial needs.
Global Offices in More Than 170 Countries and Territories
Presence in Each of the World's Major Financial Markets
Welcome to Gardens of the Farm at San Benito, Lippa Batangas
Welcome to Philippines
Why We Invest in Philippines' Export & Shipping Industry
Strong economic growth in the Philippines is driving demands on the logistics sector in the capital Manila and putting pressure on supply chain capabilities and infrastructure.
Previously perceived as the "sick man of Asia", the Philippines has bounced back strongly in recent years - under the leadership of new President - with consistently strong economic growth resulting in improvements in international ratings and rankings.
In the fourth quarter of this year, Moody's Investors Service raised the Philippines' debt rating to the highest level since the start of 2004, bringing the Southeast Asian nation one step away from investment grade.
The country's foreign and local currency long-term bond ratings were upgraded to Ba1 from Ba2 – bringing the Philippines on par with Turkey and Hungary.
Shipping, Shipyards and Ship Manufacturing Projects Finance
Financing World's Major Marine Industry, Airlines, Cruise Ships, Deep-Sea Ships Manufacturing Companies, Container Ships and Tankers, Fishing Vessels, Tugboats, Ship Operators, Shipyards & Floating Docks and Export & Import Projects from US$5,000,000 up to NO LIMIT Always Enhanced with our Traditional:
And Attractive Terms.
United OPEC Banks
Philippines Islands Shipping & Export Company Limited Expansion Project
Possible Manufacturing Company: Zhejiang Ocean Shipping Co., Ltd.
Financing Philippines Islands Shipping Company's Expansion Project
Following the release of financing granted by United OPEC Banks, Philippines Islands Shipping Company will expand and purchase 14 "Triple-E" vessels with an option for 20 more.
The ships will be able to carry 18,000 20-foot equivalent units, the standard measure of container capacity, and will be delivered during next seven years.
They will have 16 percent more capacity than the company's largest existing vessels, known as PS-class ships.
Betting on a continued rebound in global trade, Philippines Islands Shipping Company will buy up to 30 of the largest container ships ever built from Zhejiang Ocean Shipping Co., Ltd, (China) and Daewoo Shipbuilding and Marine Engineering of South Korea, in a deal that could be worth US$12 billion.