Ship Lease

CDB Financial Leasing Goes on Bulker Buying Spree

Hong Kong-listed China Development Bank (CDB) Financial Leasing has purchased eleven bulk carriers via its wholly-owned subsidiary at a total cost of $140.45m, reports the Seatrade Maritime News.

The vessels sellers are 11 companies incorporated in the Marshall Islands, which are principally engaged in the business of international bulk cargo transportation.

Self-funding by CDB

CDB plans to fund the investment via its own funds, bond issuance funds and commercial bank loans.

Two of the vessels are...

https://mfame.guru/cdb-financial-leasing-goes-on-bulker-buying-spree/

BIMCO Offers New Industry Standard for Ship Sale and Leaseback

  • BIMCO has enhanced its ship finance term sheet suite by introducing SHIPLEASE, an industry first standard for ship sale and leaseback.
  • SHIPLEASE is an indicative term sheet for use in both operating and finance leases.
  • It has been developed mainly for second-hand ships but can be adapted to fit newbuildings.

A recent news report published by BIMCO in its official website deals with the Q & A interview on Shiplease, BIMCO’s new standard term sheet for ship sale and leaseback deals.

Let us go...

https://mfame.guru/bimco-offers-new-industry-standard-for-ship-sale-and-leaseback/