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.

- Advertisements -

Most Popular

Golden Pass LNG to speed up pipeline construction

QatarEnergy and ExxonMobil are seeking approval from US energy regulators to increase the peak workforce to speed up the...

US FERC to decide on Venture Global’s CP2 LNG project

The US FERC is set to decide next week on Venture Global LNG's proposed CP2 LNG project in Louisiana. According...

Japan’s Chiyoda provides Golden Pass LNG update

Japan's engineer Chiyoda has released an update regarding the construction of the Golden Pass LNG export project in Texas,...

More News Like This

EPS orders more LNG-powered PCTCs in China

Singapore’s Eastern Pacific Shipping has ordered more LNG dual-fuel pure car and truck carriers in China. According to a statement...

Wartsila to supply engines for La Meridionale’s LNG-powered duo

Finland’s Wartsila has secured a contract to supply dual-fuel engines and fuel gas supply systems for two new LNG-powered...

Avenir in first German STS LNG bunkering op

UK-based small-scale player Avenir LNG has completed its first ship-to-ship liquefied natural gas (LNG) bunkering operation in Germany. According to...

Chinese yard delivers LNG-powered ferry to Stena and Marine Atlantic

China Merchants Jinling Shipyard in Weihai has delivered Stena’s LNG-powered ferry Ala’suinu which will serve Canada’s Marine Atlantic. Sweden’s Stena...