Maybank Singapore has extended a groundbreaking US$100 million sustainability-linked Islamic revolving credit facility (RCF-i) to AET, a global leader in maritime transportation. This marks the first facility of its kind in the Southeast Asian shipping industry, showcasing Maybank and AET's commitment to net-zero greenhouse gas emissions. The RCF-i will support AET's initiatives to reduce fleet emissions intensity and achieve net-zero emissions by 2050. The partnership highlights collaboration between the financing and shipping sectors to advance sustainability in maritime transportation

SOURCE:GOOGLE