2021-03-19, Gorinchem, press release,
NIBC and Damen extend lease partnership
Today, NIBC Bank, Damen Ship Lease and Damen Financial Services digitally shook hands for a multi-year partnership in the field of ship leasing.
The financing from NIBC will be used to enable financial or operational lease solutions for customers of Damen Shipyards Group. This concerns state-of-the-art workships in offshore (wind) energy and (hybrid) tugs for, among other things, port activities. These leases are offered by one of the funds of the Damen Ship Lease Cooperative which is managed by Damen Financial Services.
“We are very pleased with the collaboration and this new long-term commitment from NIBC,” says Jan Willem van Helden, managing director of Damen Financial Services. “With this fund we can facilitate the fleet renewal and sustainability of the fleet of various customers, while we also stimulate the growth of the Damen group,” adds Martin van Eyk, manager of Damen Ship Lease. “With the latest Damen ships and technology, we also contribute to the efficient management of our customers and a reduction in the ecological footprint of our sector.”
Jeroen Conijn, Managing Director NIBC: “We are proud of this collaboration with Damen. Almost ten years ago we provided the first financing to Damen Ship Lease. During these years, Damen Ship Lease has shown that it fulfills a clear need of its customers with its lease solutions. We support the further growth of this activity by continuing our financing.”
The leasing solutions offered by Damen tie in well with trends in the maritime sector such as servitisation (“Ship-as-a-Service”) and circularity.
Damen Shipyards Group
Damen Shipyards Group has been in operation for over ninety years and offers maritime solutions worldwide, through design, shipbuilding, ship repair and related services. Damen operates 36 shipyards in 18 countries and offers direct employment to more than 13,000 people.
Damen’s values are fellowship, craftsmanship, entrepreneurship and stewardship. The company aims to be the most sustainable shipbuilder in the world, via digitalisation and standardisation of its products. Damen’s main activities are the design and serial construction of innovative ships by integrating diverse components and subsystems into high-quality platforms. These activities are supported by a worldwide sales and service network.
Damen is also active in the repair and conversion of existing ships and the sale and production of components for the maritime industry.
Damen Financial Services
Damen Financial Services is the division within Damen Shipyards Group that supports clients in financing new ships and other maritime solutions through both operational and financial lease constructions.
NIBC assists entrepreneurs at their decisive moments. Now and in the future. As a bank for entrepreneurs, we want to strengthen our ‘THINK YES’ mentality by being flexible and agile and by coordinating the can-do mentality of our customers. We support our corporate clients in the further development of their business. For our retail clients in the Netherlands, Germany and Belgium we offer mortgages, online savings and brokerage products that are accessible, easy to understand and fairly priced. With operations in the Netherlands, Germany and the United Kingdom, we offer our corporate clients (mainly medium-sized clients) advice and solutions for debt, mezzanine and equity financing to entrepreneurs in selected sectors and sub-sectors in which we have strong expertise and market positions. The mid-market is dynamic in nature and requires a bank that can respond quickly and flexibly. Our aim is to respond to the needs of the market at decisive moments, such as mergers and acquisitions, management buyouts, investments and strategic financing and refinancing. For more information about NIBC, please visit NIBC.com.