Singapore-based EPS secures financing for two LNG dual-fuel container ships
- Published
by Admin
Singapore-based Eastern Pacific Shipping (EPS) and SPDB Financial Leasing (SPDBFL) on Thursday (28 February) said they have signed a financing agreement for two newbuild LNG dual-fuel Neo-Panamax container ships.
The signing ceremony took place in Shanghai with the financing agreement officially signed by Cyril Ducau and Liu Bingyan on behalf of EPS and SPDBFL, respectively.
The two newbuilds are currently under construction at Jiangsu New Times Shipbuilding. Each vessel spans 366 metres in length, 56 meters in width, and has a structural draft of 30.2 meters.
Powered by LNG dual-fuel propulsion, these ships comply with IMO Tier III emission standards and feature exceptional energy efficiency.
Both said the 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.
Looking ahead, SPDBFL and EPS said they will continue to expand their cooperation, driving the development of green, energy-efficient, and environmentally friendly vessels.
Photo credit: Eastern Pacific Shipping
Published: 28 February, 2025
