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ICBC Leasing commits up to eight ultramaxes at Zhoushan Changhong
Chinese financial leasing outfit ICBC Leasing has placed an order at Zhoushan Changhong International Shipyard for the construction of up to eight ultramax bulkers.
According to shipbroking sources, the order includes four firm vessels and options for another four vessels.
The price for each vessel is around $24m and deliveries will start from June 2019 until 2020.
ICBC Leasing is China’s largest ship financier, controlling a fleet of over 100 vessels.