New Times Receives Orders for 10 MR Chemical Tankers

CDB Leasing announced that the company’s wholly-owned subsidiary, China Development Bank Leasing and New Times Shipbuilding entered into a ship purchase agreement on June 15, 2021, says an article published in Xinde Marine News.

The consideration is US$383.8 million (equivalent to approximately RMB 2.459 billion).

About the agreement

The trading ships are 10 50,000 DWT MR chemical tankers. New Times will build ships in accordance with the ship purchase agreement.

CDB leasing market share

The...

https://mfame.guru/new-times-receives-orders-for-10-mr-chemical-tankers/

CDB Ship Leasing Assets Hit Record Of $5.26bn In 2020

According to an article published in Seatrade Maritime News, The total assets of ship leasing business of China Development Bank Leasing amounted to RMB34.18bn ($5.26bn) in 2020, hitting a record high.

Growth of Ship Leasing Assets

Among which the ship leasing assets amounted to CNY30.49bn and the other related assets amount to CNY3.69bn, an increase of 25.5% year-on-year.

Despite the significant depression of shipping markets in 2020, the group still achieved good results in 2020 due to the...

https://mfame.guru/cdb-ship-leasing-assets-hit-record-of-5-26bn-in-2020/