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CDB Leasing buying seven bulkers from SFL Corp

CDB Leasing (International) Company Limited, a wholly-owned subsidiary of China Development Bank Financial Leasing, is acquiring seven bulk carriers from SFL Corporation.

Katherine Si, China Correspondent

September 16, 2021

1 Min Read
Man signing a contract
Photo: Scott Graham - Unsplash

CDB Leasing (International) Company is to purchase the vessels from seven single ship companies owned by SFL Corporation, at a total cost of $100m.

The deal will increase the market share of the company in vessel market and is in consistent with the company’s business development strategy, said CDB Leasing. 

The vessels are scheduled for delivery at the end of this year, which are being built by CSSC Huangpu Wenchong Shipbuilding and Yangzijiang Shipbuilding.

As the end of June, CDB Leasing operates a bulk carrier fleet of 115 vessels. 

 

About the Author

Katherine Si

Katherine Si

China Correspondent

China-based Katherine Si has worked in the maritime industry since 2008 is well-connected with local industry players including Chinese owners and yards.

Having majored in English Katherine started at news portal ShippingChina.com where she rose to become a News Editor. In 2008 she moved to work with Seatrade and has since held numerous positions including China correspondent for Seatrade Maritime Review magazine.

With extensive experience in writing, research and social media promotion, Katherine focuses on the shipping and transport sectors.

See more from Katherine Si
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