A 50 million euro financing for the purchase of the new, environmentally low-impact ship “Grande Tianjin”, kicks off the partnership between the shipping group and the banking institution
Grimaldi Euromed S.p.A., a company of the Grimaldi Group, has recently signed a financing agreement with Crédit Agricole Italia intended for the partial coverage of 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.
Delivered 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 USD 1.6 billion. These state-of-the-art ships stand out not only for their high transport capacity – over 9,000 CEU (Car Equivalent Units) each – but also for their low environmental impact.
Thanks to cutting-edge 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. It is also equipped for shore power supply during docking (cold ironing), which constitutes, where available, a more sustainable alternative to the consumption of traditional fuels during port stops.
“The financing agreement with the Grimaldi Group confirms our growing attention to the blue economy, which will also be a focus for 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 for years launched an important fleet modernization plan, 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.”
