The order will cover a fleet of 76 units of Terberg terminal tractors which are used for towing cargo trailers in and out of the ships.
Frank Oerelmans, from Terberg, said: “The recent order for 76 tractors does confirm that Terberg and Stena continuously have a lot of faith in a future together. The tractors for Stena Line are packed with many options.”
“Stena Line can handle trailers with low kingpin heights as well as heavily loaded roll trailers. These tractors combined with the optimized financial solutions package of DLL make that Stena can focus on what they are good at: shipping cargo,” he continued.
DDL has also purchased four units that had already been delivered recently and leased these back to ensure the whole fleet fell under the same financing platform.
“To make financing more accessible, we tailor our financial solutions to their financial situation. As such, we are not just financing the equipment, but also offer advice about financial structures and more, recognizing the financial complexity that comes with international operations,” said Michiel van Ramesdonk, DLL’s VP of global fleet customer accounts.
Initially securing the deal was complex due to the long term high residual values and multiple jurisdictions. But a tailored solution was provided which enables Stena Lines to retain the flexibility and service options offered by Terberg.
Marie Dunkley, country sales manager UK for the construction, transportation and industrial industries at DL, said: “Terberg have worked with DLL before on larger transactions in Europe, and introduced us to Stena Line to structure this sizable deal.”
She concluded: “Our specialist knowledge of the assets and the materials handling industry meant that we could provide terms that more general asset based financial suppliers would have struggled with.”