Leonhardt & Blumberg
Our customers’ well-diversified portfolio of tankers, bulkers, containers and carriers is becoming increasingly rejuvenated, thus enabling an improved carbon footprint for both sides. One third of the markets are in Greece, one quarter in Germany and the rest within the EU and UK. Only just under 10% in other regions.
Leonhardt & Blumberg and HCOB, both from Hamburg – that connects
Founded in 1903 and a long-standing partner, the traditional shipping company operates a fleet of around 40 ships. For its container feeder ships and medium range product tankers, all areas are covered: newbuilding, financing, nautical-technical ship management, chartering and crewing.
Project details
The USD 40 million financing was used to refinance two existing ships that are ten and twelve years old. The well-chartered units have a loading capacity of 3,600 or 2,800 full 20-foot standard containers (Twenty-foot Equivalent Unit, TEU). This refinancing enabled the shipping company to expand its business activities to tanker shipping and initiate a diversification of its fleet.
Key facts
|
Volume |
USD 40 million. |
| Type | Container |
| Tenure | 5 years |
| Units | 3,600 and 2,800 TEU |
| Headquarters | Hamburg, Germany |
| Year of construction | 2010 and 2012 |
Refinancing existing ships is still a good alternative to new builds.
Jan-Philipp Rohr, Global Head of Shipping
Your project in good hands
We offer financing solutions for your company that are tailored to your individual needs as a project developer or real estate investor. We use all common types of financing and provide you with reliable support in achieving the desired risk and return profile.
Jan-Philipp Rohr
Global Head of ShippingLoukas Lagaras
Managing Director of the HCOB branch in PiraeusMatthias Happich
Senior Relationship Manager Ship FinanceIndividual and pragmatic
Whether as the sole financier or in conjunction with our partners, we will find the right solution for your project. HCOB takes on various roles in this process.
As your sole financing partner, HCOB makes it possible for you to benefit from its many years of expertise. We support you during the entire lifecycle of your project by providing individualised, expert assistance.
Together with our partners, we will drive your project forward. Benefit from our global network.
We take over the operational management and control of the credit exposure. We are at your side throughout the entire tenure of your financing.
For your liquidity management
HCOB’s cash pooling actively transfers account balances automatically. With cash pooling, you can ensure the smooth integration of new group companies using individual, fast and pragmatic solutions. Institutional clients in particular balanced all secondary accounts daily in a currency-neutral manner through cash pooling and cash routing.
Arrange a consultation appointment
To enable us to prepare for the appointment in the best possible way, we would ask you to briefly explain your concerns to us.
Financing enquiry
In order to be able to forward your enquiry to the right contact person, please take a few moments to answer the following questions: