Page 3 - Mark Frese News Today : Breaking News, Live Updates & Top Stories | Vimarsana

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 ordered six ultra-large-container-vessels (ULCCs) in a $1 billion investment and last month, it orde...

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 world's 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 (LMA), while DNV has provided a second party opinion to confirm compliance with the requirements as an...

Hapag-Lloyd's 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.