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CDB Leasing acquires eleven secondhand bulkers for $140m

China Development Bank Financial Leasing (CDB Leasing) has entered into an agreement to acquire eleven vessels from Danish bulk operator Clipper.

According to CDB Leasing, the deal, which involves handysize and ultramax bulkers, is worth $140.4m.

The buyer said that the transaction involves a Hong Kong-incorporated wholly-owned subsidiary, which is principally engaged in the vessel leasing business.

Earlier this month, CDB Leasing placed an order for eight 80,000 dwt bulkers at Cosco Shipping Heavy’s Yangzhou yard for $221.6m.

Adis Ajdin

Adis is an experienced news reporter with a background in finance, media and education. He has written across the spectrum of offshore energy and ocean industries for many years and is a member of International Federation of Journalists. Previously he had written for Navingo media group titles including Offshore Energy, Subsea World News and Marine Energy.
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