KfW IPEX-Bank is financing three ECO cement carriers for Eureka Shipping
Frankfurt am Main (ots) – KfW IPEX-Bank is providing Eureka for its new customer
Shipping Limited a EUR 29 million loan to finance three
ECO cement carriers with 4,250 deadweight tons (dwt) available. the
Ships are currently being built at the Dutch shipyard Royal Bodewes and
are to be delivered in 2022 and 2023. The financing has a term of
12 years and is backed by an export credit guarantee from the Dutch
Export credit agency Atradius secured.
The three ships are intended to replace older ships in the shipping company’s fleet and
offers its customers environmentally friendly transport services for cement freight
Offer. The new ships will reduce CO2 emissions per tonne carried
significantly reduce and efficient operation as well as a lower
Enable fuel economy both at sea and in port. the
Ship engines can burn biofuel and are capable of future
switch to green methanol after a limited additional investment. Further
Optimizations with an impact on the environment are an improved hull design,
a propeller nozzle, hull paint with surface film to protect against fouling,
LED lighting, water-lubricated stern tube bushings and measures for
noise reduction. In addition, some of the ships for loading and
Discharging with shore power (so-called. “Cold ironing”), whereby during
while in port, emissions are eliminated and noise is reduced.
“Eureka Shipping is very pleased to renew our fleet of cement vessels and
to be able to expand. The Royal Bodewes shipyard has in the past
built excellent ships for us and with these new builds we can
meet increased customer demand for cement transport in Europe. We can
do this in the most efficient and safest way,” said Kai Grotterud,
Managing Director of Eureka Shipping. “We’re also pleased that the
KfW IPEX-Bank has become a new lender for us, as well as strong
Support we from them and from our existing
financing partners.”
“In order to complete the transformation process towards a sustainable economic and
To support ecological development, we finance in particular
Future technologies that reduce global emissions
contribute,” said Andreas Ufer, Managing Director of KfW IPEX-Bank. “We are delighted
We are very happy about our new customer Eureka Shipping, who, like us, is actively involved in
Environment and sustainability and contributes to shipping also in
to make this segment “greener”.
About Eureka Shipping
Eureka Shipping is a leading provider of logistics services in the
specialized segment of pneumatic and mechanical cement carriers. The
Company owns and operates fully specialized vessels in the size range
from 3,000 to 23,000 dwt and transports a variety of powdery and
cementitious loads with a focus on high efficiency and environmental protection. The
Company was founded in 2008 and is now a joint venture between SMT
Shipping and CSL Group. Eureka Shipping is based in Cyprus and
Offices in Norway and the Netherlands.
Press contact:
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KfW IPEX-Bank GmbH, Palmengartenstrasse 5-9, 60325 Frankfurt
Email: mailto:[email protected]
Tel. 069 7431-2984
Email: mailto:[email protected],
Internet: http://www.kfw-ipex-bank.de
Further material: http://presseportal.de/pm/69662/5159129
OTS: KfW IPEX-Bank