Mingsheng Financial Leasing acquires two resale bulkers at Yangzijiang

Mingsheng Financial Leasing acquires two resale bulkers at Yangzijiang

Chinese financial leasing house Mingsheng Financial Leasing has acquired two $81,800 dwt resale panamax bulkers at Yangzijiang Shipbuilding.

According to shipbroking sources, the two vessels, Hull 20152122 and Hull 20152131, which are under construction at Jiangsu New Yangzi Shipbuilding were sold for a price of $27.5m each.

Delivery of the two vessel are expected in July and October this year.

Following the sale, Yangzijiang currently has another vessel up for resale, a 157,000 dwt suezmax tanker which was taken over from the defunct Rongsheng Heavy Industries.

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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