The latest deal is a five-ship, $425m deal with New Century Shipbuilding Group unit New Times Shipbuilding.
In similar contract terms to a deal done earlier this month for seven 8,800 teu ships, MSC will charter the vessels for 204 months (17 years) for $425m, or $25,000 per vessel per day, after which they are obliged to buy them over for $21.5m each.
CIMC FL (HK) has negotiated the same favourable payment terms as last time, of just 2% downpayment, and expects to earn interest income of approximately $37.3m from the arrangement. Delivery is expected in 2015, whereupon they will make full payment, which will be funded by internal resources and bank borrowings, the company said in a stock market announcement.
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