SLT assisted a shipowner company of the F.lli Cosulich group in the purchase and financing of a new vessel of 8,000 MT capacity. The newbuilding, worth USD 45,000,000.00, will be used by the Owners for supplying ships with Liquefied Natural Gas (LNG). Our team has assisted F.lli Cosulich LNG during the negotiation of the relevant building and financing contracts.
This operation has been carried out by the well-known ship owner group based in Genoa in the context of the current process of transformation of the transport and shipping industry towards greater environmental sustainability. The maritime sector is heavily involved in this transition, also in the light of the manifold The newbuilding is being construed by the Chinese shipyard NANTONG CIMC SINOPACIFIC OFFSHORE & ENGINEERING CO. LTD.
The pool of lending banks, composed by BPER Banca (as Agent), Cassa Depositi e Prestiti and Banca Popolare di Sondrio, was assisted by Watson Farley & Williams, which also assisted SACE in its role of guarantor.
This is the second deal in this sector to which SLT contributed this year, having assisted in January 2021 the buyers of a 25,000 MT gas tanker (LPG).
initiatives taken in this sense at the international and European level.
LNG is one of the core elements of this ecological transition, having the necessary characteristics to replace oils, which have a much greater environmental impact.
The use of this energy source requires the creation of new infrastructure, such as networks and storage facilities in ports, to ensure the bunkering of ships.