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KfW IPEX-Bank finances LNG dual fuel RoPax ferry for TT-Line

29 Dec 2022

Specialist financier for the German and European economies KfW IPEX-Bank on Wednesday (28 December) announced it is providing financing in the amount of EUR 30 million for the German shipping company TT-Line’s dual-fuel RoPax ferry Nils Holgersson.

“We are delighted to have gained the renowned Baltic Sea ferry shipping company TT-Line as our customer. We are pleased to be able to support their commitment to environmentally friendly and sustainable ferry transport”, said Andreas Ufer, Member of the Management Board of KfW IPEX-Bank. 

“With this financing, we are once again underscoring our commitment to supporting our customers in their transformation to CO2-efficient shipping.”

The Nils Holgersson is one of two new green ships delivered to TT-Line in 2022. The ferries will be used on the Baltic Sea between Sweden and the European continent.

The ferries are equipped with a LNG package from MAN Energy Solutions SE and many other components from German, Swedish and European suppliers. 

In addition to the environmentally friendly dual-fuel engines, which TT-Line has already used with Bio-LNG, they are equipped with further cutting-edge technologies and innovative solutions, including heat-insulating windows and 32 charging stations for electric cars. 

A special low-friction underwater coating and the streamlined hull shape ensure a high degree of energy efficiency.


Photo credit: KfW IPEX-Bank
Published: 29 December, 2022

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