EPS AND SPDBFL AGREE FINANCE FOR GREEN CONTAINER SHIP NEWBUILDS

Feb 28, 2025 | Maritime business news

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

The signing ceremony took place in Shanghai, reinforcing the strong partnership between the two companies in sustainable ship financing. The agreement was officially signed by EPS CEO Cyril Ducau and SPDBFL VP Liu Bingyan.

The two 18,000 TEU newbuilds are currently under construction at Jiangsu New Times Shipbuilding. Each vessel is 366m in length, 56m in width, and has a draught of 30.2m. Powered by LNG dual-fuel propulsion, these ships comply with IMO Tier III emission standards and feature high energy efficiency, underscoring their role in advancing green shipping and sustainable maritime operations.

As a leading global shipowner with a fleet of over 300 vessels, EPS, with over 300 vessels says it is at the forefront of industry’s green transformation. The agreement strengthens the longstanding collaboration between EPS and SPDBFL. Looking ahead, SPDBFL and EPS will continue to expand their cooperation, driving the development of green, energy-efficient, and environmentally friendly vessels.

Image: Finance agreement signing (source: Eastern Pacific Shipping)

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