Eastern Pacific Shipping and SPDB Financial Leasing sign financing agreement for dual-fuel container ships

SHANGHAI, 26 February 2025 – Eastern Pacific Shipping (EPS) and SPDB Financial Leasing Co., Ltd. (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 event was attended by senior representatives from both organizations, including Mr. Idan Ofer, Principal of EPS and Cyril Ducau, CEO of EPS. Representing SPDBFL were Deputy Party Committee Secretary Wei Qiang and Vice President Liu Bingyan. The financing agreement was 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 Co., Ltd. Each vessel spans 366 meters 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, underscoring their role in advancing green shipping and sustainable maritime operations.

As a leading global shipowner with a fleet of over 300 vessels, EPS remains at the forefront of industry’s green transformation. 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.

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.