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    Signature(s)

    Amount
    € 120,000,000
    Countries
    Sector(s)
    Italy : € 120,000,000
    Transport : € 120,000,000
    Signature date(s)
    10/11/2011 : € 30,000,000
    26/10/2012 : € 90,000,000

    Summary sheet

    Release date
    8 July 2010
    Status
    Reference
    Signed | 10/11/2011
    20100134
    Project name
    Promoter - financial intermediary
    IMEC RORO New Vessels

    Ignazio Messina & C. S.p.A. (IMEC)

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 113 million.
    Approximately EUR 227.51 million.
    Location
    Sector(s)
    Description
    Objectives

    The project concerns the purchase of 4 ro-ro/ container vessels which are to be constructed at the Daewoo shipyard in South Korea, which will significantly upgrade the promoter’s fleet on the existing Mediterranean – Africa routes.

    The project vessels will replace older and less efficient ships operating on the promoter’s existing routes. The new ships are expected to be deployed on the routes linking the Mediterranean European ports (Genoa, Naples, Marseille, Barcelona, Castellón) with the Middle East and Africa, contributing to the development of sustainable transport between Europe and third countries.

    Environmental aspects
    Procurement

    The project is expected to have no significant environmental impact. The Bank's services will verify environmental and safety issues, such as emissions data and compliance with MARPOL standards, during the project's due diligence.

    Procurement is expected to be in line with EIB guidelines for private sector projects. The Bank’s services will verify the details during the project’s due diligence.

    Disclaimer

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

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    Alternatively, the EIB can be contacted through its external offices.
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