Project Otto
Sector: Seaport • Location: Papua New Guinea
Source: International Finance Corporation (IFC)
The proposed Investment is an up to US$ 20 million financing facility to Bismark Maritime Limited (“Bismark” or the “Company”), a Papua New Guinean-owned shipping company, operating in the domestic/inter-islands cargo transportation market. The financing will support Bismark’s plans to acquire two younger multipurpose cargo vessels (MPVs), in order to increase the cargo carrying capacity. The new
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Participants
Sponsoring Agency | Obfuscated Data |
Company | Obfuscated Data |
Status
Original status | active |
Taiyo status | Obfuscated Data |
Taiyo last update | 00-00-0000 |
Available timestamps | 00-00-0000 |
Available timestamp type | Obfuscated Data |
Contact
Contact name | Obfuscated Data |
Phone | 0000000000 |
ObfuscatedData@email.com | |
Address | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Description
Description | The proposed Investment is an up to US$ 20 million financing facility to Bismark Maritime Limited (“Bismark” or the “Company”), a Papua New Guinean-owned shipping company, operating in the domestic/inter-islands cargo transportation market. The financing will support Bismark’s plans to acquire two younger multipurpose cargo vessels (MPVs), in order to increase the cargo carrying capacity. The newly acquired vessels are expected to be more efficient in terms fuel consumption and green-house-gas emissions. The project is expected to be supported by the IDA PSW Local Currency Facility (IDA PSW LCF) as described in the Blended Finance Section. |
Original sub-sector | Obfuscated |
Original Currency | USD |
Original budget | 000000000000000 |
Procurement method | Obfuscated Data |
Budget | 000000000000000 |
Location
Region | Obfuscated |
Country | Obfuscated |
State | Obfuscated Data |
County | Obfuscated |
Location | Obfuscated Data, Obfuscated data, obfuscated data, Obfuscated data |
Source
Source reliability | High |
Data quality score | 100% |
Source | Obfuscated Data |
URL | obfuscated_data,obfuscateddata.com |
More Details
Project Type | Obfuscated Data |
Article Published Date | Obfuscated Data |
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