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Germany: KfW provides financing to TT-Line for acquisition of dual-fuel RoPax ferry

Description

On 28 August 2022, the KfW IPEX-Bank announced providing a loan of EUR 30 million (USD 31.9 million) to German shipping company TT-Line's. The financing supports the company's acquisition of the dual-...

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Intervention Details

Intervention Type

State loan

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

28 Dec 2022

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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