'The €55 million, 10-year financing is intended to partially cover the purchase of the Grande Manila, a Pure Car Truck Carrier (PCTC) with a cargo capacity of over 9,200 vehicles

A financing agreement has been signed with Grimaldi Euromed S.p.A., a Grimaldi Group company, by Bper Corporate & Investment Banking. The agreement aims to support Grimaldi Euromed S.p.A.'s fleet development and modernisation plan. The plan is focused on innovation, efficiency, and reduced environmental impact.

A Pure Car Truck Carrier (PCTC) 

The €55 million, 10-year financing is intended to partially cover the purchase of the Grande Manila, a Pure Car Truck Carrier (PCTC) with a cargo capacity of over 9,200 vehicles. The vessel joined the Grimaldi fleet in January as part of a programme including the construction of 17 modern vessels of the same category, all of which are ammonia-ready and prepared for the future use of ammonia as a zero-carbon alternative fuel.

A 50% reduction in CO2 emissions per cargo transported is achieved by the installed innovative technologies, compared with those of previous-generation PCTC vessels.

Grande Manila,

Grimaldi Group is an investment that is of great strategic importance

"This operation is of particular importance to our bank," emphasised Marco Mandelli, Chief Corporate & Investment Banking Officer of BPER. "Through the specialised work of our Blue Economy Desk – Structured Finance, we have supported the Grimaldi Group in an investment that is of great strategic importance to international maritime transport." This project combines industrial development, technological innovation and environmental sustainability. Through this initiative, we are confirming BPER's role as a key financial partner for companies investing in long-term competitiveness, supporting industrial growth and reducing environmental impact.'

Related: Grimaldi increases capital by 50 million for its subsidiary Trasmed

We are pleased to have completed this financing, which recognises the value of our collaboration with BPER over the past few years,' said Diego Pacella, CEO of the Grimaldi Group. 'BPER's support for our fleet modernisation plan demonstrates our shared industrial objectives, which focus on operational efficiency, technological innovation and reducing our environmental impact.'

About: The Grimaldi fleet 

The Grimaldi fleet refers to the massive global shipping and ferry network owned by the Italian multinational logistics company, Grimaldi Group. It is one of the world's largest private fleets, operating over 130 modern vessels, including roll-on/roll-off (Ro-Ro) ships, pure car and truck carriers (PCTCs), and passenger cruise ferries

Related: Grimaldi launches new shipping line between China and Australia

About: BPER Corporate & Investment Banking (CIB)

BPER Corporate & Investment Banking (CIB) is the specialised division of BPER Banca—the third-largest banking group in Italy—that provides advanced financial services, advisory, and structured solutions to large corporations and institutional clients. The division acts as a dedicated financial partner for mid-cap and large businesses looking to expand, restructure, or optimise their operations

Source: Shipping Italy

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