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    Signature(s)

    Amount
    € 33,000,000
    Countries
    Sector(s)
    Italy : € 33,000,000
    Transport : € 33,000,000
    Signature date(s)
    19/05/2003 : € 16,500,000
    18/11/2003 : € 16,500,000
    Link to source

    Summary sheet

    Release date
    28 January 2003
    Status
    Reference
    Signed | 19/05/2003
    20020479
    Project name
    Promoter - financial intermediary
    Navigazione Montanari
    Navigazione Montanari S.p.A.
    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 33 million
    Approx. EUR 66 million
    Location
    Sector(s)
    Description
    Objectives

    Purchase of two new ships for the transport of ethylene gas. The ships will operate between ports of EU Member States or between ports of EU Member States and ports of Third Countries.

    To expand and modernise the promoter’s fleet.

    Environmental aspects
    Procurement

    The new vessels are constructed in accordance with the highest standards of safety and environmental protection, as requested by the most recent European and international regulations and will be equipped and operated to minimise pollution of the sea.

    The promoter’s procurement procedures, standard for the industry, are satisfactory to EIB. EU procurement Directives are not applicable.

    Comments

    Maritime transport of gas.

    Link to source
    Summary sheet

    Disclaimer

    Before financing approval by the Board of Directors, and before loan signature, projects are under appraisal and negotiation. The information and data provided on this page are therefore indicative.
    They are provided for transparency purposes only and cannot be considered to represent official EIB policy (see also the Explanatory notes).

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