At Hapag-Lloyd, constantly striving to cover your needs and meet the continued high demand of the market. They have finalized an order for six more 23,500+ TEU container ships. In total, this will add twelve ultra-large container ships to they fleet – it was only at the end of last year when they had already ordered six vessels of the same size and type. Although this will not provide immediate relief for the current capacity shortage, it underlines they commitment to satisfy your demand and provide you with the best possible service for your supply chains.
Not only will the new vessels meet our standards in terms of size and capacity, but they also reinforce our dedication towards sustainability and decarbonization: All container ships will be equipped with a state-of-the-art high-pressure dual-fuel engine. The extremely efficient engines can run on conventional fuel, but will primarily operate on liquefied natural gas (LNG), resulting in significantly reduced greenhouse gas emissions: around 15 to 25 percent less CO2 and more than 90 percent less sulphur dioxide and particulate matter. While we are only looking at LNG as a medium-term solution, it is currently the most promising fuel on our path to a zero-emission future.
While our choice for advanced and eco-friendly propulsion systems proves our environmental commitment, the financing of the vessels further reflects our ambitions in this regard: The additional six ships have been financed through a syndicated green loan of USD 852 million. The transaction was concluded in accordance with the Green Loan Principles of the Loan Market Association (LMA) while also being verified by an independent expert in the form of a secondary party opinion of the DNV.
The six newly ordered ships, which will play a key role in our Europe-Far East services as part of THE Alliance, will be gradually delivered in the course of the year 2024.