ship.energy

EPS inks financing agreement for dual-fuel LNG Neo-Panamax boxship pair

Singapore-headquartered Eastern Pacific Shipping (EPS) and SPDB Financial Leasing Co. (SPDBFL) have signed a financing agreement for two newbuild LNG dual-fuel Neo-Panamax container ships.

The 366-metre-long, 18,000 TEU (twenty-foot equivalent unit) newbuilds are being built at Jiangsu New Times Shipbuilding Co.

‘This agreement further strengthens the longstanding collaboration between EPS and SPDBFL, exemplifying SPDBFL’s commitment to international shipping finance, supporting China’s shipbuilding sector, and fostering closer industry-finance integration,’ EPS said

‘Looking ahead, SPDBFL and EPS will continue to expand their cooperation, driving the development of green, energy-efficient, and environmentally friendly vessels.

‘SPDBFL remains dedicated to supporting the maritime industry’s transition toward sustainable shipping and contributing to the high-quality advancement of China’s shipbuilding industry.’

As ship.energy reported earlier this week, Spanish wind propulsion supplier bound4blue has completed the installation of three eSAILs on the 50,000 DWT Pacific Sentinel, marking a first move into wind-assisted propulsion for EPS.

Image: EPS

Rhys Berry