Financial Products Group is targetting the box ship market after striking Seaspan Corp deal last year

Japan’s Financial Products Group (FPG) has sealed ¥205bn ($1.4bn) of lease finance deals for 15 container ship newbuildings.

It is the second major container ship newbuilding finance deal the leasing company, which is better known for its real-estate finance and aircraft lease business, has struck in the past year.

In December 2021 it arranged lease finance deals valued at ¥250bn for 18 container ship newbuildings, including involvement in $838m of funding provided for to Seaspan Corporation.

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