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Financing Case: Four river gas tankers for INEOS Group
Project profile – financing:
Pre- and post-delivery financing of two 6,000 cbm and two 5,000 cbm river gas tankers for INEOS Group
Borrower INEOS Group is one of the world´s largest chemical groups which produces and markets a highly diversified portfolio of petrochemical basic and niche products
Contribution of KfW IPEX-Bank:
Loan of EUR 45 million
KfW IPEX-Bank structures the loan acting as sole lender
Ecologically sound use of inland waterways for freight transport
Project profile – Vessels:
6,000 cbm an 5,000 cbm river gas tankers
Vessels built at TeamCo Shipyard BV and VEKA Scheepsbouw BV in the Netherlandst
Delivery July 2019 and November 2019
Tankers transport butane gas and operate on the River Rhine between Antwerp and Cologne
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