Grimaldi News 45

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Fleet development EIB in €200m ‘Grimaldi Ro/Ro’ credit line The European institution decided to co-finance seven new multipurpose Ro/Ro ships. The deal brings to €450m the EIB commitment with Grimaldi The Luxemburg-based European Investment Bank (EIB) has decided to support a development project named ‘Grimaldi Ro/Ro’ focusing on the construction of seven large Multipurpose Ro/Ro ships between 2008 and 2010. The EIB has therefore made available €200m to co-finance these ships that are being built by the Uljanik Shipyards of Croatia at a total cost of about €400m. The first stage of the EIB financing – worth about €30m – was made available through UniCredit Corporate Banking to co-finance the purchase of the vessel Grande Angola, the first of these new ships, delivered at the end of 2008. The Group is extremely pleased and satisfied with the solid relationship developed in recent times with the European Investment Bank. A relationship that has so far resulted in an aggregate financial allowance of €450m for the Grimaldi Group to co-finance two different industrial projects worth one billion euro in new ships. These projects have a relevant role in supporting the European economy in such difficult times. In fact, they foresee the construction at European shipyards of as many as 11 ships slated for delivery between 2008 and 2010. Additionally, when these ships enter the Grimaldi Network of services, they will have an active role in supporting the European trades, both amongst EU countries and between EU countries and the rest of the world. This ‘Grimaldi Ro/Ro’ is in fact the second Grimaldi industrial project to have gained EIB support in the last few months. In September 2008, the EIB made available a €250m credit line to co-finance four Cruise Ferry vessels, part of the Group’s Motorways of the Sea development plan and ordered at the Fincantieri yard in Italy. These four ferries have an approximate total value of €600m. The first couple of twins, named Cruise Roma and Cruise Barcelona, were delivered in April and September 2008 respectively with the hand over of the third sister due in September 2009 and the last one following in 2010. The ferries in the ‘Cruise Roma class’ are the largest freight/passenger ships ever used in the Mediterranean: they are able to carry up to 2,140 passengers and up to 3,600 lane metres of vehicles (187 trailers and 215 cars). They also generate a considerable environmental advantage as they cut by 40% the amount of CO2 necessary to transport a comparable amount of cargo via road or air (for the passengers). 8 GNEWS
Grande Angola deployed on service Following a reception held in Lisbon, the vessel is now serving the Southern Express Service Length overall 210.92 m Length bp 196.80 m Deadweight 26,427 tonnes Gross tonnage abt 47,330 Max speed 21.9 knots Service speed 21 knots Passenger accommodation n°6 cabins for 12 pax Cranes n°2 swl 40t outreach 38m Ramps n° 1 stern ramp l=34.5m x 8.5m load 250t The seven Multipurpose Ro/Ro vessels ordered with Uljanik have been designed to be very flexible in terms of cargo mix and have a substantial intake capacity:3,950 lane metres of heavy Ro/Ro cargo and 3,037 cars on several decks. The vessel can also load 1,318 containers on the weatherdeck which is served by a pair of 40-ton cranes having a 38 metres outreach. These ships are also fitted with a ramp allowing the loading of special project cargo of up to 250 tons a piece. The first ship in the class, named ‘Grande Angola’, was delivered at the end of 2008, while her younger sister, the ‘Grande Ghana’ is due to be commissioned at the end of January. Following her maiden call in Lisbon, that saw a special reception held onboard attended by clients and local authorities, the ship was deployed on the Southern Express Service, part of the Grimaldi West African Network. Active in the Portuguese shipping market since the 50’s; Grimaldi, in November 1986 started a regular service linking Lisbon which has become one of the most regular operators in the market. Deployment of the “Grande Angola” and her sisters will represent a big step forward on a market where Grimaldi already set the standard of service offering the most adequate and efficient vessels on the trade. To celebrate the introduction of this new vessel, Grimaldi Portugal organised a dinner/show attended by about 200 guests, a vast majority of whom were clients. A visit to the vessel was also organised, during which most of the clients had the opportunity to see in loco the unique capabilities and versatility of this new generation of “Grande” vessels. LOADING CAPACITY surface sq. Mt TEU L.M. Cars TOTALS 37,000 1,318 3,950 3,037 GNEWS 9
Page 1 and 2: G r imaldi NEWS 45 QUARTERLY PUBLIC
Page 3 and 4: Developments joins the Grimaldi fam
Page 5 and 6: The New Lines Passenger & Freight F
Page 7: Grimaldi Agencies Maroc has home in
Page 11 and 12: West Af r i c a New terminal area a
Page 13 and 14: Fi n n l i n e s Helsinki new port
Page 15 and 16: Agent List & Schedules GRIMALDI GRO
Page 17 and 18: Line Departure Arrival M 3/W Barcel
Page 19 and 20: North Europe / South America Line P

Grimaldi News 45

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