KfW IPEX-Bank will provide €79.3 million to finance two next-generation self-unloading bulk carriers for the transportation of construction materials. The vessels will serve European and international export markets. Each ship will offer a maximum cargo capacity of 44,000 tonnes. Dual-fuel vessels support lower-carbon operations The new bulk carriers will feature dual-fuel engines. They will initially operate on conventional fuels but will also be ready to use biofuels and green methanol as these alternatives become more widely available. “The financing enables the transition towards more efficient maritime transport for the building materials logistics sector,” said Aida Welker, Member of the Management Board of KfW IPEX-Bank. “This ensures that new technologies, such as dual-fuel propulsion systems, are deployed where they deliver the greatest added value: in day-to-day operations,” added Welker. The ships will achieve Energy Efficiency Design Index performance 3.5% better than the reference line for comparable vessels, exceeding current efficiency requirements. Joint venture to own new bulk carriers A joint venture between Hartmann Schiffsbeteiligungen GmbH & Co. KG and The CSL Group Inc. will own the two vessels. The ships will operate under a long-term charter agreement with Mibau Stema Shipping ApS, a wholly owned subsidiary of Mibau Stema Group GmbH. The project aims to combine operational efficiency with greater fuel flexibility while supporting the maritime transportation needs of the construction materials sector. The post KfW IPEX-Bank finances next-generation bulk carriers appeared first on Container News .