Release date: 10 May 2016
Promoter – Financial Intermediary
Financing of small shipbuilding projects including new vessels, conversion and retrofitting of vessels that promote sustainable transport, TEN-T and environmental protection
The loan will be structured as a programme loan for a series of sub-loans to multiple ship owners with eligible projects to be implemented mainly in European shipyards.
Proposed EIB finance (Approximate amount)
EUR 250 million
Total cost (Approximate amount)
EUR 500 million
The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation, as appropriate.
The Bank will require that projects financed under this operation comply with applicable domestic and EU legislation, where applicable.
Approved - 16/06/2016
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).