Perspective
02 October 2015
Hapag-Lloyd secures $372 million Korean ECA-backed finance for new ships
Region:
Europe
Shipping company Hapag-Lloyd has signed a $372 million finance facility agreement with a syndicate of international banks backed by South Korean export credit agencies (ECAs). The funds will be used for the long-term financing of five 10,500 TEU new-built container vessels and to support liquidity reserves.
