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NIBC and Damen extend lease partnership

Damen ASD Tug 2312 - Artist impression (LR).jpg
The Hague-based NIBC Bank, Damen Ship Lease and Damen Financial Services have joined forces for a multi-year partnership in the field of ship leasing.

The financing from Netherlands’ NIBC will be used to enable financial or operational lease solutions for customers of Damen Shipyards Group. In particular for state-of-the-art workboats in offshore wind and energy, and tugs and hybrid tugs for, among other things, port activities. These leases are offered by one of the funds of the Damen Ship Lease Co-operative which is managed by Damen Financial Services.

“We are very pleased with the collaboration and this new long-term commitment from NIBC,” said 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,” said 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."

 “We are proud of this collaboration with Damen. Almost 10 years ago we provided the first financing to Damen Ship Lease. During these years, Damen Ship Lease has shown that it fulfils a clear need of its customers with its lease solutions. We support the further growth of this activity by continuing our financing,” commented NIBC managing director Jeroen Conijin.

The leasing solutions offered by Damen align with the circularity and servitisation trends seen in the maritime sector.