China Development Bank (CDB) Leasing is acquiring nine bulk carriers from New Dayang Shipbuilding.
Katherine Si | Oct 08, 2021
CDB Leasing has entered into a series of vessel purchase agreements via nine wholly-owned special purpose companies, with New Dayang Shipbuilding, for nine 60,000-tonne bulk carriers at a total cost of $261m.
The deal is beneficial to fully leveraging the advantages of the parties and increasing the market share of the company in the vessel market, sad CDB Leasing.
Related: CDB Leasing buying seven bulkers from SFL Corp
CDB Leasing and New Dayang Shipbuilding had established long-term cooperation relationship. The shipyard has constructed over 20 vessels for China Development Bank Leasing.
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