The European Investment Bank (EIB) has awarded its first ever green shipping initiative loan to Irish owner ICG.
The EUR 155m ($176m) facility will part-fund two new ro-paxes for the Dublin group, which runs Irish Ferries.
This is also the EIB's first ever loan to ICG.
The green initiative supports bids to to reduce emissions and improve fuel efficiency.
ICG's 1,885-passenger newbuilding W.B.Yeats,
