CDB Leasing, the financial leasing unit of China Development Bank, has taken over the ownership of panamax bulk carriers Xing Xiang Hai and Xing De Hai from Dalian-based Fortune Ocean according to shipbroking sources.
The terms of the deal were not disclosed. Splash understands that the purchase is part of a financial leasing arrangement for the two 2017 Oshima-built vessels.
Fortune Ocean owns a fleet of 26 bulk carriers with another six panamax bulkers under construction at Tianjin Xingang Shipbuilding.
