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Maritime Industries

As one of the world's leading ship financiers, we help to preserve the innovative power of maritime enterprises. We are Germany's leading ship financier and among the world's top ten.

Our main target groups

  • European shipyards: We finance vessels built at German and European shipyards and exported throughout the world.
  • European vessel owners: We finance both the construction of new vessels and the modernisation of existing vessels operated by European ship owners.
  • European and German equipment suppliers: We finance vessels that are built globally with European equipment and/or components.

Our financing products:

  • Financing of maritime vessels with European content
  • German and other European export loans
  • Investment loans for European maritime companies
  • Down payment and post delivery financings
  • Project and corporate loans and related hedging products

Video statement: Maritime Industries charts a new route

"In ship finance we focus more than ever on sustainable concepts since the markets are embracing new ways of thinking."

Holger Apel, Global Head of Maritime Industries

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Mr. Holger Apel, Global Head of Maritime Industries


Palmengartenstraße 5-9

60325 Frankfurt am Main, Germany

Phone:+49 (0) 69 74 31-8819

Fax:+49 (0) 69 74 31-3768

We finance worldwide

We finance maritime vessels with European technology worldwide, including the bulk of projects realised on German and European shipyards: investments by cargo shipping companies, offshore exploration and production and passenger shipping. In this way we promote family-owned enterprises and listed corporates that are world leaders in their industry, as well as their suppliers.

Financing case cruise ships

KfW IPEX-Bank provided a loan of approx. EUR 786 million for an LNG-driven, ocean-going cruise vessel for Carnival Corporation & plc. KfW IPEX-Bank also took on the entire structuring.

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Press news

Holger Apel, Global Head of Maritime Industries, spoke at length with HANSA about KfW IPEX-Bank's financing approach in the maritime industries.

Taking the 'green' route in ship finance

HANSA, one of Europe's leading international maritime journals, took a closer look at the financing approach of KfW IPEX-Bank, which places much importance on supporting environmentally friendly shipping. Editor-in-chief Krischan Förster spoke at length with Holger Apel, Global Head of Maritime Industries.

June 2018 (article available in German only)

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Further activities of Maritime Industries at KfW IPEX-Bank

More sustainable scrapping of ships

Inclusion of scrapping clauses in loan agreements

The aim of the initiative is for shipping companies to observe minimum standards of occupational safety and environmental protection when scrapping their ships, and therefore to view scrapping as part of their own value-added chains. The banks ABN Amro, ING and NIBC established the initiative.

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Green Shipping

Above average results: KfW IPEX-Bank evaluates the energy efficiency of its merchant shipping portfolio based on the Energy Efficiency Design Index (EEDI).

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KfW IPEX-Bank is a founding member of GeMaX.

GeMaX helps shipbuilders and the maritime supply industry increase their sales opportunities around the globe.

For further information visit the GeMaX website