October 9, 2017
C&I LEASING SIGNS AGREEMENT WITH DAMEN SHIPYARD AND ATRADIUS DUTCH STATE BUSINESS
C&I LEASING SIGNS AGREEMENT WITH DAMEN SHIPYARD AND ATRADIUS DUTCH STATE BUSINESS

Lagos, Nigeria; October 9, 2017 – C&I Leasing plc., a leading Nigerian content player in the offshore support vessel market signs an agreement with the officials of Damen Shipyard and  Export Credit Agency for the Netherlands,  Atradius DSB.

The agency will guarantee a facility to fund the construction and purchase of two tug Boats and a pilot boat from DAMEN shipyard Netherlands. The boats are to execute 10 and 5 year contracts signed by C&I Leasing Plc with NLNG.

C & I Marine is a division of C&I Leasing Plc which is a duly certified marine entity with licenses to operate in the maritime sub section of the Nigerian oil and gas industry. It possesses 18 owned vessels, 3 chartered and 5 managed vessels in her fleet. The company has over 15 years’ experience in marine offshore & onshore projects, with a client list that includes CHEVRON, SHELL, NPDC, NLNG, Agip and ExxonMobil.

C & I Marine is also a member of both the International Marine Contractors Association (IMCA) and the International Association of Drilling Contractors (IADC).

C&I Leasing Plc was incorporated in 1990 as a limited liability company and was subsequently licensed by the Central Bank of Nigeria (CBN) as a finance company, to provide amongst other services, operating and finance leases. The company has since grown to be one of the largest equipment leasing and rentals company in Nigeria with 2016 revenues of N17 billion,  a staff strength of over 5,500 people and subsidiaries in Nigeria, United Arab Emirates and Ghana. The company also has three main business lines namely Fleet Management, Personnel Outsourcing and the Marine business.

 

About C&I Leasing Plc

C & I leasing plc, listed on the Nigerian Stock Exchange, is the foremost brand for leases and other ancillary services in Nigeria. With staff strength of over 5,500 people and subsidiaries in Nigeria, United Arab Emirates and Ghana, the company takes pride in its track record of exceptional and qualitative service delivery.

Today, the C & I Leasing plc brand presence can be felt in major sectors of the Nigerian economy providing specialized services in Marine, Fleet Management, Logistics, Equipment Rentals, Personnel and business Outsourcing.

About Damen Shipyard Group

Damen Shipyards Group operates 32 shipbuilding and repair yards, employing 9,000 people worldwide. Damen has delivered more than 5,000 vessels in more than 100 countries and delivers some 180 vessels annually to customers worldwide. Based on its unique, standardised ship-design concept Damen is able to guarantee consistent quality.

About Atradius DSB

Since 1932 Atradius Dutch State Business have been the proud vendor of all export credit insurance policies of the Dutch government and thus stimulate Dutch companies to export products around the globe.

Atradius DSB offers a range of insurance and guarantee products to minimize the risk of non-payments for exporters of capital goods, internationally operating construction companies, banks and investors.

 

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Media Contact:
Ruth Omo-ezomo
C&I Leasing Plc
08172007254
ruth.omo-ezomo@c-ileasing.com