Germany’s Hamburg Commercial Bank (HCOB) has been revealed as one of the financiers behind MPC Container Ships’ (MPCC) move to snap up five vessels from Lomar Shipping.

UK-headquartered Watson Farley & Williams (WFW) advised the lender on the deal.

HCOB provided a $50m loan facility to Oslo-listed MPCC to allow it to pounce on the modern feeder boxships in a $136.4m