KfW IPEX-Bank finances two RoRo ferries for CLdN Cobelfret

KfW IPEX-Bank is granting its long-standing customer CLdN Cobelfret a loan of EUR 73 million for the purchase of two new RoRo ferries. The financing is covered by an export credit insurance from the Korean insurer K-Sure.

Both of these 5,000 lm ferries are to be built at the Hyundai Mipo Dockyard in South Korea. Their CO2 emissions will be less than those of the existing fleet, and also below the comparable IMO reference value.

CLdN Cobelfret is the leading RoRo operator in the North Sea region. These two new purchases will serve to upgrade and modernise its fleet.