Standard Chartered arranged $89.6m green loan for Vista Shipping

The funds will be used to buy two LNG-dual fuelled vessels.

Standard Chartered (SC) has been appointed to lead the $89.6m sustainability-linked loan for Vista Shipping.

Vista Shipping, a joint venture between Hafnia and CSSC Shipping Hong Kong, will use the funds to buy its first liquefied natural gas (LNG)-dual fuelled vessels.

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SC acted as the Facility Coordinator, Sole Sustainability Coordinator, Mandated Lead Arranger and Facility and Security Agent for the transaction. 

SC also assisted Vista Shipping in securing a second party opinion on this loan from globally leading quality assurance and risk management company DNV.