Hapag-Lloyd has concluded two debut transactions according to the Green Loan Principles of the Loan Market Association (LMA), and DNV has provided a second party opinion to confirm compliance with the requirements as an independent expert. The transactions are associated with the financing of six ultra-large 23,500 TEU container ships, which were ordered in December 2020. "Our first green financings are a major milestone for us, as we are breaking new ground in the container shipping segment by financing newbuilding projects geared towards sustainability," said Mark Frese, Chief Financial Officer of Hapag-Lloyd. "The transactions will help us to modernise our fleet while further reducing our CO 2 footprint at the same time.