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Germany's Hapag-Lloyd announced today that it has taken out insurance
a loan to support the investment of four billion
Recently announced dollars for the construction of 24 large ships
container ships that will bring additional capacity to the fleet
of hold equal to 312 thousand TEUs
(
of
6
November 2024). The Hamburg-based company specified that the
funding consists of four components: about 900
Millions of dollars will be covered by the company's own funds
500 million will be made available by two institutes
1.8 billion will be financed through three forms of
and 1.1 billion will be financed through a loan
syndicate guaranteed by China Export & Credit Insurance
Corporation (Sinosure). Funding covers about 80%
of the investment and have maturities between ten and 18
years.