Korea Eximbank plans to use KR's expertise to increase its support for environment-friendly ships

The Export-Import Bank of Korea (Korea Eximbank) has concluded an MOU for 'Cooperation in the Areas of Shipbuilding and Offshore Plants' with Korea Register of Shipping (KR) at its Yeouido headquarters.
The MOU commits Korea Eximbank to enlist KR's ship classification service in ship transactions involving the bank's financing, while KR is to provide technical consulting on ships and offshore plants. The two institutions would also cooperate in overseas projects and in employee training.
Korea Eximbank plans to use KR's expertise to increase its support for environment-friendly ships, while KR seeks to accelerate its overseas expansion under Korea Eximbank's support.
Source: Korea Eximbank