$804m loan for 5 ships

German container line Hapag-Lloyd has secured a 12-year, $US372 million ($F804.7m) loan facility from a banking syndicate to fund the construction of the five 10,500 TEU newbuilding container ships ordered back in April at South Korea’s Hyundai Samho Heavy Industries. The five boxships are expected to be delivered between October 2016 and May 2017. The […]

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