Luxembourg-based transportation company CLdN Cobelfret has recently obtained a loan from a German bank to purchase two new roll-on/roll-off (RoRo) vessels. The company plans to refresh its fleet in the North Sea region by the two additions.

The company will receive EU€73 million (approximately US$85.3 million) from KfW IPEX-Bank for the purchase.

The bank said that the pair's CO2 emissions will be much lower than those of the current fleet.

The two ferries are to be constructed at South Korean shipyard Hyundai Mipo Dockyard.