Agreement reached between Grimaldi Euromed, a company of the Grimaldi Group, and Crédit Agricole Italia for financing intended to partially cover the purchase of the new ship Grande Tianjin.
The operation, concerning an amount of 50 million euros and with a duration of 10 years, falls within the scope of the investment program intended for the enhancement and modernization of the fleet of the Neapolitan shipping company. Taken delivery last August and already regularly operational on maritime routes dedicated to the Asian market, the Grande Tianjin is one of the 17 new PCTC (Pure Car & Truck Carrier) ships ordered by the Grimaldi Group between 2022 and 2023, for a total investment of over 1.6 billion dollars. The ships are distinguished not only by their high transport capacity – over 9,000 CEU (Car Equivalent Units) each – but also by their reduced environmental impact.
“Thanks to state-of-the-art technologies, the Grande Tianjin is capable of significantly reducing the CO2 emission index per transported cargo – by up to 50% compared to that of the previous generation PCTC units. The ship has also received the RINA (Registro Italiano Navale) Ammonia Ready class notation, which certifies that it can be converted at a later stage to use ammonia as a zero-carbon emission alternative fuel. Furthermore, it is equipped for shore power supply during berthing (cold ironing), which constitutes, where available, a more sustainable alternative to the consumption of traditional fuels during port stops,” explained a note from the bank.
“The financing agreement with the Grimaldi Group confirms our growing attention to the maritime economy, which will also be the focus of Le Village by CA of Campania, the new innovation accelerator at the service of companies and startups that we will launch in Naples in 2026,” stated Marco Perocchi, Head of Corporate Banking at Crédit Agricole Italia. “In this way, our commitment to local businesses continues and strengthens, which, in the first nine months of this year, we have supported with over 3 billion euros in new disbursements.”
“The Grimaldi Group has been implementing an important fleet modernization plan for years, as an integral and essential part of its sustainable global growth strategy,” stated Diego Pacella, Chief Executive Officer of the Grimaldi Group. “We are happy that Crédit Agricole Italia has decided to collaborate on this major project through the financing intended for the purchase of the Grande Tianjin, and we hope that this agreement can mark the beginning of an increasingly solid and lasting collaboration.”
