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    Signature(s)

    Amount
    € 124,000,000
    Countries
    Sector(s)
    Norway : € 62,000,000
    Denmark : € 62,000,000
    Transport : € 124,000,000
    Signature date(s)
    20/06/2014 : € 62,000,000
    20/06/2014 : € 62,000,000

    Summary sheet

    Release date
    8 July 2011
    Status
    Reference
    Signed | 20/06/2014
    20110178
    Project name
    Promoter - financial intermediary
    Fjord Line Ropax Vessels

    Fjord Line AS

    Proposed EIB finance (Approximate amount)
    Total cost (Approximate amount)
    Up to EUR 110 million
    Up to EUR 220 million
    Location
    Sector(s)
    Description
    Objectives

    Construction of two ferries, which will offer daily services between Bergen, Stavanger, Kristiansand (Norway) and Hirtshals (Denmark). Each vessel has a capacity to carry 1 500 passengers and up to 600 vehicles.

    The project will replace older and less environmental friendly vessels and will increase the capacity deployed on this route. It will hence contribute to the development of sustainable European transport and to the EU policy to promote short sea shipping.

    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 all IMO and EU standards, during the project’s due diligence. Should the new acquisitions be part of a scrapping scheme developed by the promoter, then the project could have a net positive environment impact.

    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).

    Documents

    Environmental and Social Data Sheet (ESDS) - Fjord Line Ropax Vessels
    Publication Date
    27 May 2014
    Document language
    Main Topic
    Lending
    Document Number
    52951063
    Document Focus
    Environmental Information
    Project Number
    20110178
    Sector(s)
    Countries
    Publicly available
    Download now
    Environmental and Social Completion Sheet (ESCS) - FJORD LINE ROPAX VESSELS
    Publication Date
    9 Oct 2017
    Document language
    Main Topic
    Lending
    Document Number
    72598596
    Document Focus
    Environmental Information
    Project Number
    20110178
    Sector(s)
    Countries
    Publicly available
    Download now

    News & Stories

    General enquiries and comments

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    Enquiries and comments concerning the EIB’s involvement in a project or the financing facilities, activities, organisation and objectives of the EIB, can be sent to the EIB Infodesk.
    Alternatively, the EIB can be contacted through its external offices.
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    The EIB has a zero tolerance policy on fraud or corruption. To report allegations of fraud and corruption relating to EIB-financed projects, please contact the Fraud and Investigation division. All complaints will be treated as strictly confidential and handled in line with the EIB investigation procedures and the Anti-Fraud Policy.

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