Dry CargoGreater China

CDB Leasing orders post-panamax bulker pair at Chengxi Shipyard

CDB Leasing, the financial leasing unit of China Development Bank, has placed an order at CSSC Chengxi Shipyard for the construction of two 85,000 dwt post-panamax bulk carriers as it continues its fleet expansion.

According to report by shipbroking house Golden Destiny, delivery of the vessels is scheduled in 2022.

CDB Leasing has been actively expanding its fleet recently, having acquired one LNG carrier from CMB International Leasing in December, two boxships from ICBC Leasing and another two boxshops from SinoOceanic in November, and it also ordered eight ultramax bulkers at New Dayang Shipbuilding.

VesselsValue data shows the company currently owns a fleet of 69 vessels and has 21 newbuildings on its orderbook.

Jason Jiang

Jason is one of the most prolific writers on the diverse China shipping & logistics industry and his access to the major maritime players with business in China has proved an invaluable source of exclusives. Having been working at Asia Shipping Media since inception, Jason is the chief correspondent of Splash and associate editor of Maritime CEO magazine. Previously he had written for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week.
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