Page 2 - Mark Frese News Today

Maritime Activity Reports, Inc. (Photo: Hapag-Lloyd) German container liner Hapag-Lloyd will make more investments in vessel capacity this year to grow in line with the global market, where it is the number five operator, Chief Finance Officer Mark Frese told analysts on Wednesday. Apart from the unspecified further investments in containers, there would also be selected second hand tonnage purchases, he added in a call as the company published first quarter results. Last December, Hapag-Lloyd ...

New Ultra Large Container Ships to be Built According to Green Financial Principals Environmental Concerns Dominate New Vessel Construction SOUTH KOREA – CHINA – GERMANY – Shipbuilders worldwide have these days to make their products as eco-friendly as possible and the latest order from Hapag Lloyd, the worlds fifth largest container line, is no exception. The German box carrier has concluded two debut transactions according to the Green Loan Principles of the Loan Market Association (LM...

Hapag-Lloyds efforts to obtain financing for six of its highly efficient containership newbuilds according to the Green…

Hapag-Lloyd will use nearly US$1Bn in ‘green loan’ financing to build six 23,500- TEU+, LNG-fuelled box ships, while Seaspan orders 10 dual-fuel ULCSs for Zim long-term charter

Hapag-Lloyd is breaking new ground in financing, by concluding two debut transactions according to the Green Loan Principles of the Loan Market Association.

Hapag-Lloyd, the German container shipping firm, has signed bank facilities totalling $889m, its first foray into green financing.

Germanys Hapag-Lloyd Secures Green Funds for LNG Containerships Feb 9, 2021 7:05:am Summary by: Joe Murphy Posted in: Germanys Hapag-Lloyd Secures Green Funds for LNG Containerships German shipping line Hapag-Lloyd has secured $890mn in green financing for the construction of six LNG-fuelled containerships, it reported on February 8. Hapag-Lloyd placed a $1bn order for the six dual-fuel vessels at South Koreas Daewoo Shipbuilding & Marine Engineering yard in December. It has now secured a $41...

German liner company Hapag-Lloyd has concluded two green financial deals worth a total of $889 million to bankroll construction of 6 ULCVs.

Soaring container freight rates and a shortage of boxes have been well documented, containership charter rates have also been enjoying their day in the sun, if not quite at the record levels seen for freight rates. A surge in charter rates has been witnessed across all sizes of containerships has led the Howe Robinson Containership Charter Index to stand at 1,293 points last week, its highest level in over 12 years since 2008. John D’Ancona, head of containership research for Howe Robinson Pa...