ビンゴ

Latest Framework

Past Cases

Blue Bond (December 2023)

Blue Bond Framework

Blue Bond Framework[1.16MB]

Second-party Opinion

JCR Blue Bond Framework evaluation

Please refer to here for the latest appropriation status.

ビンゴ (January 2024)

ビンゴ Framework

ビンゴ Framework[1.89MB]

Second-party Opinion

DNV ビンゴ Framework evaluation

Transition Bonds/Loans

Transition Loan (December 2023)

Execution Date December 20, 2023
Lender Sumitomo Mitsui Banking Corporation
Use of funds Construction of two LNG dual fueled coastal ferries
Rating agency DNV Business Assurance Japan K.K.

* Adopted as Transition Finance Subsidy for global warming countermeasures promotion project of Japan's Ministry of Economy, Trade and Industry

Transition Loan (December 2023)

Execution Date December 26, 2023
Lender Sumitomo Mitsui Trust ビンゴ, Limited
Use of funds Construction of bulkship with Wind Challenger
Rating agency DNV Business Assurance Japan K.K.

* Adopted as Transition Finance Subsidy for global warming countermeasures promotion project of Japan's Ministry of Economy, Trade and Industry

Transition Loan (December 2023)

Execution Date December 26, 2023
Lender The Bank of Yokohama, ビンゴ.
Use of funds Construction of LNG dual fueled pure car and truck carrier
Rating agency DNV Business Assurance Japan K.K.

Transition Linked Loan (December 2022)

Execution date December 26, 2022
Lender Sumitomo Mitsui Banking Corporation
Rating agency DNV Business Assurance Japan K.K.
SPT Annual EEOI target reduction rate to "achieve 45% reduction in the Energy Efficiency Operational Indicator (EEOI) by 2035" relative to a 2019 baseline.

Transition Linked Loan (March 2023)

Execution date March 27, 2023
Lender MUFG Bank, ビンゴ.
Rating agency DNV Business Assurance Japan K.K.
SPT Annual EEOI target reduction rate to "achieve 45% reduction in the Energy Efficiency Operational Indicator (EEOI) by 2035" relative to a 2019 baseline.

Transition Linked Loan (December 2023)

Execution date December 26, 2023
Lender The Bank of Yokohama, ビンゴ.
Rating agency DNV Business Assurance Japan K.K.
SPT Annual EEOI target reduction rate to "achieve 45% reduction in the Energy Efficiency Operational Indicator (EEOI) by 2035" relative to a 2019 baseline.

Transition Linked Loan (March 2024)

Execution date March 28, 2024
Lender Sumitomo Mitsui Trust ビンゴ, Limited (Singapore Branch)
Rating agency DNV Business Assurance Japan K.K.
SPT Annual EEOI target reduction rate to "achieve 45% reduction in the Energy Efficiency Operational Indicator (EEOI) by 2035" relative to a 2019 baseline.

Transition Linked Loan (April 2024)

Execution date April 25, 2024
Arrangers Sumitomo Mitsui Trust ビンゴ, Limited, Development ビンゴ of Japan Inc., and SBI Shinsei ビンゴ, Limited
Lender The Senshu Ikeda Bank, ビンゴ., The Juhachi-Shinwa Bank, ビンゴ., The Joyo Bank, ビンゴ., Sumitomo Life Insurance Company, The Toho Bank, ビンゴ., The Development Bank of Japan Inc., The Hachijuni Bank, ビンゴ., North Pacific Bank, ビンゴ., The Hokuriku Bank, ビンゴ., The Hokkaido Bank, ビンゴ., Sumitomo Mitsui Trust Bank, Limited, The Musashino Bank, ビンゴ., Resona Bank, Limited, SBI Shinsei Bank, Limited
Rating agency DNV Business Assurance Japan K.K.
SPT Annual EEOI target reduction rate to "achieve 45% reduction in the Energy Efficiency Operational Indicator (EEOI) by 2035" relative to a 2019 baseline.

* Using the performance-based interest subsidy system based on Japan's Act on Strengthening Industrial Competitiveness.
The Minister of Land, Infrastructure, Transport and Tourism approved MOL's business adaptation plan.

Transition Linked Loan (September 2024)

Execution date September 13, 2024
Lender The Norinchukin ビンゴ
Rating agency DNV Business Assurance Japan K.K.
SPT Annual EEOI target reduction rate to "achieve 45% reduction in the Energy Efficiency Operational Indicator (EEOI) by 2035" relative to a 2019 baseline.

Transition Linked Loan (July 2025)

Execution date July 29, 2025
Lender The Bank of Yokohama, ビンゴ., Chiba Bank, ビンゴ.
Rating agency DNV Business Assurance Japan K.K.
SPT Annual EEOI target reduction rate to "achieve 45% reduction in the Energy Efficiency Operational Indicator (EEOI) by 2035" relative to a 2019 baseline.

Blue Bonds/Loans

Funds allocation status and Environmental improvement effect for Blue Bonds as of January 2025(26th series unsecured corporate bonds)

Funds allocation report

All funds from bonds issue have been allocated for eligible projects as below.

Eligible Projects Project Names Amount(100 million yen)
Businesses relating to Offshore Wind Power Generation Investment Participation in Formosa 1 Offshore Wind Power Generation in Taiwan 130
Indirect Investment in Kitakyushu Hibikinada Offshore Wind Farm project
Investment Participation in Odfjell Oceanwind AS
Service Operation Vessel (SOV) for Project in Taiwan
Efficient Marine Vessel Operation Introduction of Upgraded Propeller Boss Cap Fins 20
Replacement of Propellers
Introduction of Ballast Water Treatment System  25
Introduction of SOx Scrubber 25
Total 200

Environmental impact report

Project Names Impact reporting indicator
Investment Participation in  Formosa 1 Offshore Wind Power Generation in Taiwan Number of wind turbines installed 22 units
Total output 128,000 kW
Indirect Investment in  Kitakyushu Hibikinada Offshore Wind Farm project Number of wind turbines to be installed 25 units
Total output(planned) 220,000 kW
Investment Participation in Odfjell Oceanwind AS Company overview As noted *1 below
Service Operation Vessel (SOV) for Project in Taiwan Number of SOV financed and entered into operations 1 vessel
Vessel specifications As noted *2 below
Introduction of Upgraded Propeller Boss Cap Fins(PBCF) Number of PBCF financed and entered into operations 68 vessels
Energy saving benefit 2.5%
Replacement of Propellers Number of propeller financed and entered into operations 23 vessels
Energy saving benefit 4.0%
Introduction of Ballast Water Treatment System  Number of Ballast Water Treatment System financed and entered into operations 13 vessels
Volume of treated ballast water 5,458,300mt/13 vessel total/year
Introduction of SOx Scrubber Number of SOx Scrubber installed 10 vessels
SOx emission reduction 86%

*1 Odfjell Oceanwind AS was established in 2019 as a Norwegian company specializing in the development of floating offshore wind power facilities and project development. For more information：https://odfjelloceanwind.com/
The company engages in the development of floating offshore wind power facilities and offshore wind power generation projects. The main business models are as follows:
1. As a project operator, initiating and executing projects. Currently, we are considering projects mainly in the North Sea.
2. As a floating development company, providing floating facility design.
3. Supporting O&M and Project Management around the floating facilities.

*2 Flag: Taiwan
Length: 84.4m
Breath: 19.5m
Draft: 5.6m
Maximum Capacity: Approximately 90 Crews and Passengers
Main Features: Dynamic Positioning System (DPS), Motion Compensated Gangway System