It was all a dream in 2020… and now it’s reality: raising an incredible $123.7M in funding!
Today marks a special milestone in my journey at Damen as we partner with Atal Solutions culmination of perseverance, innovation, and a shared commitment with Edwin Sieswerda Cristea and all involved to transform the maritime industry.
For you to paint a picture, Four massive bulk carriers, once a symbol for traditional shipping, now stand as beacon of sustainability and efficiency. By optimising a 8 Green Solutions package fit for these ships, we are undertaking the biggest transformation ever completed, and we feel lucky to be able to proof our mission on 4 ships with a new generation of ship owners.
Yet, what truly sets this project apart is not only the innovation behind it, but the fact that it is underpinned by a groundbreaking financing structure that fortified this partnership. Atal Solutions secured a $123.7 million USD funding package, with vessel owners requiring only 15% downpayment with a 12 year payback period! This isn't just financing; it's a testament to our collective belief in driving change compared to all these “traditional” financing methods.
But a special thank word is needed for Kashif and Myrto without them & MetLife Investment Management our dream wouldn’t be a reality. Due to your knowledge & support in this project we were able to create this innovative financial structure allowing for our idea to grow at scale…!
In a world grappling with environmental challenges, we knew we needed more than just "normal". And that is why we needed the strongest partnership and community out there. So a big shoutout to all my dear partners and friends for being part of this amazing journey. Thank you Exim Finance Anshul Salah Zener Maritime Solutions V.Group Pioneer Marine
My journey doesn't stop there. By embracing change and innovation, the goals was never to just meet regulations; we're surpassing them. These vessels will sail in compliance with the strictest standards, while earning money and ensuring a sustainable future for generations to come!
#SuccesStory #Damen #AtalSolutions #ShipsandShipping #Finance
Civil Supervisor
1moFantastic update