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Article: Germany: HSH Nordbank and European Investment Bank finance deluxe ferryboat for Tallink Grupp.
- Article from:
- TendersInfo
- Article date:
- July 12, 2008
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Byline: prashant03
The financing for one of the largest ferries traversing the Baltic Sea was structured for the AS Tallink Grupp by HSH Nordbank. The MS "Baltic Princess", built in the Finnish shipyards Aker Yards OY, was delivered today. The ship is 212 meters long, can travel at up to 24 knots and offers among other things room for 2800 passengers, 12 restaurants, bars, shops and a spacious conference center.
Project costs for the ship, which will be put into service on the Tallinn-Helsinki route, amount to about EUR 165 million. Credit costs of EUR 132 million were financed and syndicated by HSH Nordbank. Also participating in the deal are Nordea ...