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20 February 2019 The on-line newspaper devoted to the world of transports 14:06 GMT+1



January 22, 2019

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Financing of the European Investment Bank to the Irish Continental Group

It is granted in order to support the costs of the construction of two cruise ferry

The European Investment Bank (BEAUTIFUL) has granted to the Irish Continental Group (ICG) a financing of 155 million euros that will be used by the Irish group in order to support the ordered costs of the construction of the two cruise ferry to the German ship yard Flensburger Schiffbau-Gesellschaft (FSG), with first ship W.B. Yeats that is taken in delivery last month(on 13 December 2018).

Draft of the first financing granted from the institution financial institution of the European Union to the distributed Irish group and first from the BEAUTIFUL ones in the within of own initiative Green Shipping Guarantee Programme is turned to support the renewal of the European fleet with the introduction of ships to low environmental impact.



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