Seatrade Maritime is part of the Informa Markets Division of Informa PLC

Informa PLC|ABOUT US|INVESTOR RELATIONS|TALENT

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Events Podcasts Reports Advertise

Red Sea Crisis

Transport

Recent in Transport

Recent in Ports

Recent in Safety

Recent in Ship Operations

Recent in Sustainability

Recent in Offshore

Recent in Event News

CDB Leasing inks sale-leaseback deal for six ultramaxes with Oldendorff

China Development Bank (CDB) Financial Leasing has entered into a sale-and-leaseback deal for six ultramax bulk carriers with Germany’s Oldendorff Carriers.

Katherine Si, China Correspondent

November 17, 2020

1 Min Read

Kalyakan - stock.adobe.com

CDB Leasing will acquire the six ships at a price of $137.1m and lease them back to Oldendorff.

CDB Leasing said the deal will help to increase its market share in vessel leasing, which is in line with the company’s business development strategy.

About the Author

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

Get the latest maritime news, analysis and more delivered to your inbox

Join 12,000+ members of the maritime community