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NAVIGAZIONE MONTANARI

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
Data sheet
NAVIGAZIONE MONTANARI
Other links
Summary sheet
Navigazione Montanari
Related press
EUR 16.5 mio to Navigazione Montanari for purchasing 2 ships for transport of ethylene

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
Navigazione Montanari
Other links
Data sheet
NAVIGAZIONE MONTANARI
Related press
EUR 16.5 mio to Navigazione Montanari for purchasing 2 ships for transport of ethylene

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).

News & Stories

Link to source
Related press
EUR 16.5 mio to Navigazione Montanari for purchasing 2 ships for transport of ethylene
Other links
Data sheet
NAVIGAZIONE MONTANARI
Summary sheet
Navigazione Montanari

General enquiries and comments

The EIB is committed to open communication and encourages constructive stakeholder input regarding its activities.
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.
Queries regarding details of a specific project, in particular when it is under appraisal by the EIB, should preferably be addressed directly to project promoters.

Media enquiries

Media-related enquiries can be addressed to the EIB Press Office. Please also visit our Media information section.

Complaints mechanism

Any complaint regarding alleged maladministration can be lodged via the EIB Complaints Mechanism. The European Ombudsman acts as an independent external accountability mechanism of the EIB.

Zero tolerance against fraud and corruption

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 Investigations Division. All reports will be treated as strictly confidential and handled in line with EIB investigation procedures and the EIB Group Anti-Fraud Policy.

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