ICBC to Bankroll F.Laeisz’s Car Carriers

first_imgzoom German shipping company F.Laeisz GmbH has signed a financial agreement in Beijing with Chinese multinational banking company Industrial and Commercial Bank of China Ltd. (ICBC).Under the agreement, ICBC will provide USD 65 million worth of buyer’s credit to F.Laeisz GmbH for two vehicle roll-on/roll-off ships under construction at Chinese shipyard COSCO Dalian Shipbuilding.The deal comes following the last month’s signing of a financial deal with yet another German shipping company Peter Döhle, also intended for financing ship construction.F.Laeisz GmbH has eight car carriers in its fleet featuring 11,760 DWT in capacity.The company operates a fleet of about 40 vessels, boasting over 1.7 million DWT in total.Aside from car carriers, the company’s fleet includes container ships, bulk carriers, gas carriers and research vessels.World Maritime News Stafflast_img read more