WFW advises MSC on delivery of high-performance cruise ship MSC Euribia8 June 2023
The vessel is expected to be the best-performing cruise ship in the world.
The vessel is expected to be the best-performing cruise ship in the world.
The four vessels will be constructed at HD Hyundai Heavy Industries Co. Ltd. and will be completed in sequence during 2027.
The vessel is the first in a series of ten 190,000 deadweight LNG dual-fuelled bulk carriers.
The vessel was funded by a pre- and post-delivery financing facility backed by Italian ECA SACE.
The two additional newbuildings planned – Explora V and Explora VI – will use LNG as a main fuel as well as green hydrogen to bring emissions down to zero in port.
The vessels will be equipped with a dual-fuel engine setup which enables operation on methanol as well as conventional MGO.
The vessels, which will be on seven-year long term charters to Israeli line operator Zim following delivery scheduled in early 2024, represent MPCC’s first ever newbuild order.
The 5,500 TEU vessels will have a new eco-friendly design allowing for a 40% reduction in fuel consumption compared to the existing fleet and are ready for conversion to carbon-neutral operations based on green methanol.
Dogger Bank is being developed in three phases which, when operational, will be the world’s largest offshore wind farm with a total installed capacity of 3.6 GW.
The M/Y Njord, which has a target delivery date in 2025, is a 289-metre private residential yacht featuring 117 luxury residences. Its primary goal is to act as a home base for individuals and families sharing a passion for travel, adventure and discovery across the oceans.
Valiant Lady is the second of four cruise ships ordered by Virgin and is expected to be based in the Mediterranean by 2022.
WFW has advised a consortium of banks on a €31.5m loan to Fratelli Cosulich to finance the construction of an 8,200mc gas carrier.