EU Commission approves Viking Grace environmental grant

Details

Category: Viking Grace Coverage

Published on Friday, 27 April 2012 13:23

Written by Kari Reinikainen

Viking Line, the Finnish cruise ferry company, says that the European Commission has approved an environmental grant issued to the company by the Finnish Ministry of Transport and Communications.

The grant amounts to €28 million and it forms part of financing for the 58,000 gross ton cruise ferry Viking Grace that the company is building at the Turku yard of STX Finland. This will be the first large passenger vessel to use lng as fuel.

 The Commission concludes that the grant is in line with European Union guidelines and regulations, Viking Line Managing Director Mikael Backman said in a statement.

• < Prev
• Next >