NAVIERA INTEGRAL SA. DE. C.V.
Status: Approved investmentWhy disclosure?
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In case of questions
In case of questions, please contact us at disclosure@fmo.nl
Disclaimer
The information as disclosed is indicative and provided on an "as-is/as available" basis for general informational purposes only and should not be construed as financial, legal or investment advice, nor as a commitment or an offer to arrange or provide any financing. The final decision to provide financing is subject to the terms and conditions of FMO in its sole and absolute discretion. When providing links to other sites, FMO bears no responsibility for the accuracy, legality or content of the external site or for that of subsequent links. The information on proposed investment for high-risk investments is made available in the language relevant to the country or region where the bulk of operations take place. Translations of any information into languages other than English are intended as a convenience for local stakeholders. In case of any discrepancy, the information provided in English will prevail.
Who is our customer
Naviera Integral is a maritime transport company in Mexico, serving the Mexican offshore oil industry, by offering maritime transport services in the Gulf of Mexico. Starting as a small business in 1987, Naviera has become the market leader - through organic growth - in the fast and efficient transport of people and equipment between the mainland and offshore drilling rigs.
What is our funding objective?
The FMO loan is used to acquire two state-of-the-art fuel efficient Fast Crew Supplier 5009 vessels, built by Dutch company Damen Shipyards. Due to its design, this vessel is 10-20 percent more fuel efficient compared to the standard design. The vessels will operate under a contract with Petroleos Mexicanos (Pemex), the Mexican state-owned oil and gas company.
Why do we fund this investment?
FMO is supporting Naviera, a successful private enterprise in Mexico, and Damen, an important Dutch ship builder. Naviera is delivering an essential transport service to the oil and gas sector in Mexico, the main contributor to the Mexican economy, government budget and balance of payments.
- Region
- Latin America & The Caribbean
- Country
- Mexico
- Sector
- Infrastructure, Manufacturing and Services
- Effective date
- 11/6/2015
- Total FMO financing
- USD 15.89 MLN
- Funding
- FMO NV
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Risk categorization on environmental and social impacts, A = high risk, B+ = medium high risk, B = medium risk, C = low risk
Environmental & Social Category
(A, B+, B or C) - B+