Export and project finance specialist KfW IPEX-Bank saw its loans to the maritime sector remain unchanged for the first six months of 2018.

The German bank recorded EUR 1bn in commitments to the sector, the same level seen during the same time frame last year.

A month ago, KfW IPEX-Bank provided EUR 786m ($920m) in funding for Carnival Corp's order of an 184,000-gt LNG-powered cruiseship being built at Papenburg's Meyer Werft.