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On December 14, 2023, the U.S. Maritime Administration issued a Final Rule which makes its "Federal Ship Financing Program," widely known as "Title XI," more flexible. ....
Financial Supervisory Service (FSS) Governor Lee Bok-hyun accentuated the significance of maritime finance and its need to be transformed into a customized comprehensive financial service that meets global environmental, social and corporate governance (ESG) standards. ....