Posted:
August 24, 2012
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| The shipment of two P&H rope shovels, financed by the U.S. Export-Import Bank, required the Maersk Illinois to load nearly 8,000 cubic meters of machinery bound for a Siberian mining project. The Export-Import Bank provides loan guarantees and direct loans to help businesses overseas buy U.S. goods and services. All exported cargoes financed through the Export-Import Bank are by law reserved for U.S.-flagged merchant ships. |