Baleària signs financing agreement for its new LNG-powered ferry
The shipping company Baleària signed financing for the construction of its new cruise ferry for an amount of more than 131.4 million euros with financial institutions CaixaBank, Banco Sabadell, Banco Santander, Bankia, Banco Popular and Banca March Bankinter. This new building, with a total investment of 187 million euros, was commissioned to LaNaval shipyard earlier this year and is expected to be operational in early 2019.
The ship, which will be among the largest ferry in the world with a capacity of more than 1,700 people, 331 cars and 3,330 meters for goods, will have a length of 232.2 meters, a beam of 30.4 and will be the first passenger ferry powered by LNG in the Mediterranean. The ship can reach a speed of 22 knots thanks to its four dual fuel engines that can use both natural gas and liquid fuel, and will cut more than 40% emissions of CO2 and other polluting gases in the atmosphere.
The cruise ferry, designed to make it a smart ship, is intended to become a benchmark in training and a living lab for the innovation development and business growth. This new project promotes job creation, as it will give an average of 400 jobs during construction and 250 new jobs once it is operational.
The ship will enhance the travel experience for customers through the application of the latest technologies. Innovation will not only be a prominently feature of the propulsion system but also of the management optimization and the search for energy efficiency to be more environmentally friendly. In addition, there will be a specific training program so the ship meets the highest standards of quality and employees can develop their careers.
https://www.ngvjournal.com/balearia-signs-financing-agreement-for-its-new-lng-powered-ferry/