Republic of Türkiye／Export of cranes to YILPORT Holding A.S.
Supporting Export of Japanese Company’s Port Container Cranes to Ecuador

Nippon Export and Investment Insurance (NEXI, Chairman and CEO: Atsuo Kuroda) has decided to provide insurance for a loan made to a Dutch-Turkish port and terminal operator YILPORT Holding A.S. (YILPORT).

This loan will provide through YILPORT, the funds needed for Yilportecu, an Ecuadorian subsidiary of YILPORT to purchase 24 harbor container cranes produced by MITSUI E&S Co., Ltd. (MITSUI E&S) to be operated in Puerto Bolivar, Ecuador. The loan will be extended in the form of co-financing by ING Bank N.V., Tokyo Branch (ING Bank) and Japan Bank for International Cooperation (JBIC). NEXI will underwrite insurance for the loan offered by ING Bank.

YILPORT has a long-standing relationship with MITSUI E&S and NEXI has previously provided loan insurance for the private financial institutions’ portions of the loans to provide the necessary funds for YILPORT to purchase harbor container cranes from MITSUI E&S in 2014, 2022 and 2024 . As one of the leading global terminal operators, YILPORT aims to expand its business around the world beyond Türkiye and further business opportunities for Japanese companies are expected.

NEXI, as a governmental financial institution of Japan, will continue to actively support exports by Japanese companies.

Reference

Insured	ING Bank N.V., Tokyo Branch
Insured amount	Approx. USD 21 million
Tenor	Approx. 10 years
Covered risks	Political risk 100％, Commercial risk 95％

¹ NEXI News Release, July 8, 2022.
　Republic of Turkey / Export of cranes to Yapi Kredi Finansal Kiralama A.O.
　NEXI News Release, December 2, 2024.
　Türkiye／Export of cranes to Yilport Holding A.S. Supporting Export of Japanese Company’s Port Container Cranes to Portugal｜Topics｜NEXI Nippon Export and Investment Insurance

Contact:
Infrastructure Group
Structured and Trade Finance Insurance Department
Tel: +81-(0)3-3512-7674