The European Investment Bank (EIB) has signed a SEK 445 million (EUR 41.75 m) loan agreement with the Municipality of Ystad. The port in the southern-Swedish town is a busy connection point to the Polish Port of Świnoujście and the Danish island of Bornholm. The financing will be used to expand the quays to accommodate new, more environmentally friendly, LNG vessels of over 240 meters in length, which will start operating next year.

 

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