Green Loan Principles

WFW and Hogan Lovells advise on US$1.5bn+ Hapag-Lloyd green ship financings

7 February 2025

Watson Farley & Williams (“WFW”) and Hogan Lovells jointly advised on three separate green ship financing transactions with an aggregate value of US$1.5bn+. All three transactions, one of which was secured by Chinese ECA Sinosure, were carried out in accordance with the Green Loan Principles of the Loan Market Association. WFW advised arrangers, financing banks and green loan arranger, with Hogan Lovells acting for Hapag-Lloyd.

In October 2024, Hapag-Lloyd signed two orders for a...

https://allaboutshipping.co.uk/2025/02/07/wfw-and-hogan-lovells-advise-on-us1-5bn-hapag-lloyd-green-ship-financings/

COSCO Pioneers New Green Finance Framework

COSCO Shipping Ports has announced the launch of its green finance framework, which has successfully passed the verification by Hong Kong Quality Assurance Agency (HKQAA), reports Container News.

Green Projects

The Hing Kong-listed operator has been upholding the concept of sustainability in developing green and smart ports which offer mutual benefits and achieving the targets of reducing carbon emission and promoting energy efficiency, with an aim to creating value for its stakeholders.

The...

https://mfame.guru/cosco-pioneers-new-green-finance-framework/

Hapag-Lloyd’s New ‘Sustainability’ Report Explores Future of Shipping

  • Sulphur oxides reduced by 70% compared to the previous year
  • Additional fuel savings achieved through ship optimisations
  • New propulsion concepts tested, and state-of-the-art ships ordered
  • Focus remains on ensuring the safety and well-being of our employees
  • New sustainability strategy with concrete goals to be published later this year

Hapag-Lloyd has published its Sustainability Report 2020 which has once again made significant progress in environmental, social, qualitative and economic terms.

Cu...

https://mfame.guru/hapag-lloyds-new-sustainability-report-explores-shipping-future/

Hapag-Lloyd secures green financing for newbuilds

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 million and lease financing of $472 million — are associated with the financing of the six ultra-large 23,500 TEU containerships ordered by Hapag-Lloyd in December 2020.

  • A syndicated green loan in the amount of $417 million with a 12-year maturity will be used to finance three of the six...

https://www.marinelog.com/shipping/hapag-lloyd-secures-green-financing-for-newbuilds/