04
Tue, Feb

Hapag-Lloyd wraps up financing for 24 LNG-powered containerships

Asia

Hapag-Lloyd said on Tuesday that the financing will be carried out on the basis of its "green financing framework" for the order placed in October last year. Yangzijiang Shipbuilding will build

fleet of LNG dual-fuel ships.

In August last year, the shipping firm took delivery of its seventh of 12 ultra-large LNG-fueled containerships from South Korea’s Hanwha Ocean.

These giant vessels are about 400 meters long and 61 meters wide.

Hapag-Lloyd first ordered six LNG dual-fuel containerships from Hanwha Ocean in 2020, while it added six more sister vessels in 2021. The orders are worth about $2 billion.

Hapag-Lloyd expects to take delivery of the remaining vessels in 2025.

In addition to newbuild vessels, Hapag-Lloyd operates the converted containership Brussels Express, the world’s first ultra-large containership LNG retrofit.

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