Morocco secures $92 million loan for Spanish Navantia Avante 1800 OPV

Spanish bank Santander Group has provided $92 million loan to Morocco for the procurement of an offshore patrol vessel (OPV) from Spanish shipyard Navantia. Morocco signed the agreement with Santander Bank on 31 August this year to finance the commercial agreement between the National Defence Administration and the company Navantia. Rabat expressed interest on Navantia’s … Continue reading Morocco secures $92 million loan for Spanish Navantia Avante 1800 OPV