Topic
maritime finance
Logistics Cadeler secures $282m loan for third A-class offshore wind installation vessel Wind Apex
Cadeler has secured a €247 million ($282 million) senior secured green term loan to finance part of its third A-class newbuild offshore wind installation vessel, Wind Apex. The 12-year facility is backed by Denmark’s Export and Investment Fund (EIFO) and arranged by HSBC Singapore, with a syndicate including KfW IPEX-Bank, Rabobank, and DNB Bank. Two A-class vessels are under construction at COSCO in China, with Wind Ace due in H2 2026 and Wind Apex in Q2 2027.
Finance European Maritime Finance Reshuffles Top Team Amid $2.1 Billion Asset Growth
European Maritime Finance has appointed Peter Kubicki as CEO, Stephen Schueler as chairman, Rikke Stoltz as board member, and co-founder Martin Almdal as vice chairman. The reshuffle comes as the Copenhagen-based investment manager oversees about $2.1 billion in maritime assets, and is part of a broader strengthening of its governance, compliance, and risk management framework.