The Project Vessels are expected to cost US$234 million, of which US$163 million is expected to be financed by debt in the form of a Sustainability Linked Loan from IFC and other financial institutions mobilized by IFC.

The IFC financed vessels are expected to be deployed on the China-India route.

This is a Category B project according to IFC's Policy on Environment and Social (E&S) Sustainability (2012) and is expected to have limited adverse E&S impacts that are few, largely reversible and readily addressed through existing mitigation measures and good international industry practices (GIIP). The key risks and impacts include: E&S management systems (ESMS) as applied to project vessels; vessels inspection and certification status; capacity to build, operate, maintain and decommission/dismantle/recycle project vessels in accordance with the International Maritime Organization (IMO) conventions, International Safety Management Code (ISM code), IFC PSs and flag state requirements; working & living conditions and occupational health and safety (OHS) for employees and contractors; handling of containers in compliance with international maritime dangerous goods (IMDG) code; emergency, oil and chemical spill management; shipboard petroleum product and chemical storage and handling; vessel's waste management; crew community interaction during shore leave; security; management of any impacts on sensitive coastal and marine environment and company stakeholder engagement