Prosperity

Sealing Singapore’s First Maritime Sector Green Loan

Published 2 Aug 2025

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In Nov 2020, PSA Marine has been granted a sustainability-linked loan from DBS Bank. The three-year EUR 30 million equivalent loan features an interest rate adjustment linked to an ESG (environmental, social and governance) target, which requires PSA Marine’s Crew Transfer Vessels to be substantially deployed to support offshore wind energy-related activities, such as the transportation and accommodation of personnel, cargoes and equipment for offshore windfarms. This is PSA Marine’s first sustainability-linked loan and the first of its kind granted to a company in Singapore’s maritime industry. The investment made in support of offshore wind market through the loan reaffirms PSA Marine’s commitment to support a cleaner and greener future. PSA Marine will continue to partner with financial institutions and like-minded organisations to explore new opportunities in this space.

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