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Damen and Purus Marine team up to finance green shipping projects

Photo: Damen Ferry 2306 E3 (LR).jpg
Damen Shipyards Group and Purus Marine, an environmentally focused maritime vessel and infrastructure company established by EnTrust Global, will team up to finance green shipping projects.

The partnership, named DP Lease, aims to provide flexible and attractively priced long-term lease financing solutions for the purchase of environmentally advanced vessels, therefore supporting decarbonisation of the maritime industry.

 “DP Lease will help clients to renew their fleets by means of highly sustainable vessels and lease finance solutions. This will help them comply with forthcoming regulations as well as demands from end-users, shareholders and other stakeholders, via investment in technologically advanced low greenhouse gas emission marine vessels,” said Jan-Willem van Helden, managing director of Damen Financial Services

 “We are delighted to team up with the well-established team at Damen to provide much needed leasing solutions to vessel owners looking to decarbonise and provide end users with greener vessels for the future. We believe this partnership structure is very creative and look forward to helping the various maritime sectors move towards a greener future,” said Svein Engh, Senior Advisor and Board Member to Purus Marine

DP Lease will own environmentally-friendly Damen-built vessels which will then be leased to the shipbuilder’s clients. The company will invest in a number of sectors, including public transport, offshore wind, and harbour & terminal. Subsequently, this will extend to include inland and short sea shipping. The timing for this is excellent as the partnership will be able to support the numerous public transport contracts that are forthcoming in north west Europe.

“With its track record in the construction of fully electric tugs, ferries and dredgers and its practice of standardised shipbuilding, Damen is well-positioned to facilitate the fast delivery of a reliable fleet of sustainable vessels,” commented Julian Proctor, CEO of Purus Marine

The launch of DP Lease follows Damen’s recent announcement of the creation of its latest division, Damen Financial Services. 

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