KfW IPEX-Bank finances dual-fuel RoPax ferry for TT-Line

By 6 January 20232023 Newsletter week 1
January 6, 2023

KfW IPEX-Bank is providing financing in the amount of EUR 30 million for TT-Line’s dual-fuel RoPax ferry NILS HOLGERSSON.

“We are delighted to have gained the renown Baltic Sea ferry shipping company TT-Line as our customer. We are pleased to be able to support their commitment to environmentally friendly and sustainable ferry transport”, said Andreas Ufer, Member of the Management Board of KfW IPEX-Bank. “With this financing, we are once again underscoring our commitment to supporting our customers in their transformation to CO2-efficient shipping.”

The Nils Holgersson is one of two new green ships delivered to TT-Line in 2022. The ferries are equipped with a LNG package from MAN Energy Solutions SE and many other components from German, Swedish and European suppliers. In addition to the environmentally friendly dual-fuel engines, which TT-Line has already used with Bio-LNG, they are equipped with further cutting-edge technologies and innovative solutions, including heat-insulating windows and 32 charging stations for electric cars. A special low-friction underwater coating and the streamlined hull shape ensure a high degree of energy efficiency.