Container shipping firm Hapag-Lloyd has secured long-term financing, in the amount of $4 billion, for 24 large container ships ordered in October 2024, with a combined capacity of 312,000 TEU.Around $900 million
Container shipping firm Hapag-Lloyd has secured long-term financing, in the amount of $4 billion, for 24 large container ships ordered in October 2024, with a combined capacity of 312,000 TEU.
Around $900 million of the purchase price will be financed using the company’s own funds. A total of $500 million will be made available from two banks in the form of bilateral mortgage loans.
Another part, in the amount of $1.8 billion, will be financed via three leasing structures, and $1.1 billion will be financed via a syndicated credit facility backed by the China Export & Credit Insurance Corporation (Sinosure).
The financing share amounts to a total of around 80% of the investment volume of around $5 nillion, with maturities ranging between 10 and 18 years.
The 24 ships will be built in China and equipped with state-of-the-art, low-emission and fuel-efficient high-pressure liquefied gas dual-fuel engines.
In addition, the vessels can be operated using biomethane, which can reduce CO2e emissions by up to 95% compared to conventional propulsion systems. The new ships will also be ammonia ready.
Delivery will take place between 2027 and 2029.
The financing will be carried out on the basis
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