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CDB Leasing buying 10 chemical tankers

China Development Bank (CDB) Leasing is to purchase ten 50,000 dwt product oil/chemical tankers from Jiangsu New Times Shipbuilding with a total cost of $383.8m.

Katherine Si, China Correspondent

June 18, 2021

1 Min Read

Photo: Scott Graham - Unsplash

The vessels will be constructed by New Times Shipbuilding and then be leased to a third party.

CDB Leasing aims to further increase the market share of the company in shipping market.

In the recent years, CDB Leasing had been actively participated in vessel acquisition to expand its footprint the vessel market and had already acquired various types of ship.

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

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