The ship, which was acquired by Megaride in 2021 as part of a restructuring agreement with Perseveranza S.p.A. di Navigazione group, was sold at her market price, enabling DeA to exit the dry-bulk sector.
This is the first time FINAV Group have refinanced a vessel and represents a fundamental first step in the reorganisation and optimisation of their group financial structure.
DeA Capital is Italy’s leading independent alternative asset management platform, with an extensive portfolio of assets under management and offering a wide range of products and services to investors worldwide.
We advised Viking Line Abp on the negotiation of a bareboat hire/purchase agreement relating to the M/v ro-ro vessel “Mega Regina” with France’s Corsica Ferries S.A.S.
In December 2020, Navigazione Montanari sold her sister vessels, the “Valle di Aragona” and “Valle di Siviglia”, in order to rejuvenate its fleet following the recent purchase of the M/ns “Valle Luna” and “Valle Sole”.
The six-year loan is backed by Italian export credit agency SACE through its “Garanzia Italia” facility and was partly used by Euromont for the purchase of two product tankers.
The new unit “Grande Texas” was delivered on 26 January 2021 and is the sixth of seven car carriers ordered by Grimaldi Euromed from the Yangfan shipyard in Zhoushan, China.
The Eco Barcelona is the second unit of the Grimaldi Green 5th Generation (GG5G) class and can transport over 7,800m of rolling goods, equivalent to circa 500 trailers.
The agreement, which has a total value of more than €250m, guarantees the stable continuation of the company’s activity, which has been active in the shipping market for four generations.
