KfW IPEX-Bank finances TT-Line’s LNG-powered ferry

Frankfurt-based KfW IPEX-Bank is providing financing for the German shipping company TT-Line’s LNG dual-fuel RoPax ferry, Nils Holgersson.

The bank said in a statement on Wednesday it would provide 30 million euros ($31.9 million) for the “Green Ship”.

In April, TT-Line started using this LNG-powered vessel in the Baltic Sea.

Prior to that, China Merchants Jinling Shipyard in Nanjing delivered the 230 meters long vessel to the owner during a ceremony held on March 7.

TT-Line also took delivery of the sister ship, Peter Pan, in November.

Both of the vessels feature MAN dual-fuel engines and two 500-cbm type C LNG tanks, according to TT-Line.

The ships, based on TT-Line’s ‘Green Ship’ design, have the capacity for about 800 passengers and over 200 vehicles, and will both work in the Baltic Sea.

Most Popular

Shell’s LNG Canada achieves first LNG

LNG giant Shell has started production at the first liquefaction train at its LNG Canada export terminal in Kitimat, an LNG Canada spokesperson told LNG Prime on Sunday.

Golar progresses FLNG growth plans

Golar LNG said it had signed a final engineering study to confirm EPC price and delivery for a 5 mtpa MKIII FLNG.

Freeport seeks more time to build fourth LNG train

Freeport LNG has requested additional time from the US Federal Energy Regulatory Commission (FERC) to construct and place in service the planned fourth liquefaction train at its export plant in Texas.

More News Like This

GAC’s first LNG-powered PCTC launched in China

China Merchants Jinling Shipyard in Weihai has floated out GAC’s first LNG-powered pure car and truck carrier.

EPS adds new LNG-powered PCTC to its fleet

Singapore’s Eastern Pacific Shipping took delivery of another LNG-fueled pure car and truck carrier in China.

Work progresses on GAC’s first LNG-powered PCTC in China

China Merchants Jinling Shipyard in Weihai has laid the keel for GAC's first LNG-powered pure car and truck carrier. To...

James Fisher orders additional LNG-fueled tankers in China

UK-based marine services provider James Fisher and Sons has placed orders for more LNG-powered tankers in China. China Merchants Jinling...