Two Biden administration cabinet members, Secretary of Transportation Pete Buttigieg and Secretary of Agriculture Tom Vilsack, have written leading ocean carriers. They urge them to help mitigate disruptions to agricultural shippers of
Daewoo Shipbuilding & Marine Engineering (DSME) has ordered si× MAN B&W 11G95ME-GI Mk10.5 main engines for six ultra-large, 23,500+ TEU containerships on order for Hapag-Lloyd. The new order exercises an option in
As we reported earlier, Hapag-Lloyd has secured green financing for six containerships on order for delivery from South Korea in 2024. Hapag-Lloyd obtained the favorable financing with the support of DNV which
Hapag-Lloyd is breaking new ground in financing. It has concluding two initial transactions under the Green Loan Principles of the Loan Market Association (LMA). Both transactions — a syndicated loan of $417
Hamburg-headquartered Hapag-Lloyd has signed an order for six 23,500+ TEU container vessels with South Kiorea’s Daewoo Shipbuilding & Marine Engineering. Set for delivery between April and December 2023, the vessels represent a