The 5,300-ton vessel will be equipped with electric propulsion systems as well as dual technology power generators.
WFW advises illimity Bank on financing for Kalypso’s acquisition of container ship Burgundy2 November 2022
With the acquisition of the Burgundy, Kalypso increases its fleet to four vessels.
The vessel, which was built in 2015, has been deployed as an FSRU, but can also operate as an LNG carrier for the transportation of liquefied natural gas.
The Golar Tundra will contribute circa 6.5% of Italy’s gas needs, bringing the Italian regasification capacity to more than 25% of demand.
All five vessels will fly the Italian flag and operate in the oil, product, chemical tanker and bulker segments.
Banco BPM is Italy’s third largest retail and corporate banking conglomerate, formed in January 2017 through the merger of Banco Popolare and Banca Popolare di Milano.
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”.
We advised BPER Banca S.p.A. on the circa €12m refinancing, on a project financing basis, of a loan granted to Italian project company N.O.V. S.r. for the construction of new hospital pavilion, ancillary building works and the Canal al Pianto guesthouse at the SS. Giovanni e Paolo hospital in Venice.
WFW advises Euromont and Navigazione Montanari on €35m product tanker acquisition financing11 May 2021
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.