A RICH HISTORY IN MARITIME FINANCE
Nesec was founded in 1946 with a dual purpose, namely to promote the export of Dutch built ships and provide subordinated loans to shipowners. As such, Nesec has been active for more than 70 years as financial instution for the maritime sector. Even now Nesec aims to provide loans to in particularly Dutch built ships. Besides this Nesec is developing credit funds to provide long term financing of maritime and offshore capital assets.
HISTORY OF NESEC AT A GLANCE
1946
Nesec is founded by 6 shipbuilders.
1949
Delivery of the first series of 8 tugs to Poland.
1951
Start direct lending to shipowners.
1963-1973
Tumultuous growth of shipping and shipbuilding.
1974
Winschoterdiep expands to 16 metres, wider ships are being built, indoor building becomes a common practice.
1977
Besides exportfinance for foreign shipowners, Dutch shipowners are provided with loans.
1980
Nesec takes on external funding.
1990
Nesec aims at financing instead of export.
2006
Separation finance activities and idealistic goal.
2009
Nesec is accredited in accordance with Growth facility of ministry of Economic affairs.
2013
Issuance Nesec bonds
2018
Provision of mortgage backed loans with guarantee from the ministry of Economic affairs for funding of institutional investors.