Financing for ultra-large capacity folding container projects

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Financing for ultra-large capacity folding container projects

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Hapag-Lloyd Closes $4B Financing For 24 New Container

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

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Hapag-Lloyd ties up green ship finance for latest newbuildings

The green financing has been arranged for 12 ultra-large containerships of 16,800 teu, ordered from China''s Yangzijiang Shipbuilding, and 12 mid-sized boxships of 9,200 teu

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Hapag-Lloyd secures green financing for 24 newbuild boxships

Photo credit: Preben Olsen Germany''s container shipping firm Hapag-Lloyd will use green financings for the 24 large container ships, ordered in October 2024 and expected to be

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Hapag-Lloyd concludes green financing of its 24 new container

Hapag-Lloyd will use green financings for the 24 large container ships it ordered in October 2024. The newbuildings will have a combined capacity of 312,000 TEU and involve a combined

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Hapag-Lloyd secures green financing for new $4bn container

German shipping company Hapag-Lloyd has secured green financing for its fleet expansion involving 24 new container vessels. The ships feature a combined capacity of

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Hapag-Lloyd concludes green financing of its 24 new container

Hapag-Lloyd will use green financings for the 24 large container ships it ordered in October 2024. The newbuildings will have a combined capacity of 312,000 TEU and involve a

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Hapag-Lloyd Secures $4 Billion Green Financing for Fleet

Hapag-Lloyd has secured $4 billion in green financing to construct 24 state-of-the-art container ships, reinforcing its commitment to sustainability and fleet modernization. The

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Hapag-Lloyd Secures $4B Green Financing for 24 LNG Dual

Hapag-Lloyd has successfully secured long-term green financing for its fleet expansion, covering the $4 billion investment required for 24 large container vessels ordered

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FAQS 4

How many large containerships will Hapag-Lloyd build in 2024?

Hapag-Lloyd concluded the long-term green financings for the construction of 24 large containerships it ordered in October 2024. As stated, the newbuildings will have a combined capacity of 312,000 TEU and involve a combined investment volume of around USD 4 billion.

How many TEU is a containership in China?

The green financing has been arranged for 12 ultra-large containerships of 16,800 teu, ordered from China’s Yangzijiang Shipbuilding, and 12 mid-sized boxships of 9,200 teu contracted from New Times Shipbuilding.

How does Hapag-Lloyd finance a new building?

The financing arrangements for the 24 newbuildings comprises four components. They include some $900m of Hapag-Lloyd’s own funds while $500m will be provided by two, undisclosed, banks in the form of bilateral mortgage loans.

Does $4bn of long-term financing for 24 new containerships conform to Green Loan Principles?

The world’s fifth-largest containership operator said the $4bn of long-term financing for 24 new containerships conforms to the Loan Market Association’s Green Loan Principles.

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