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 worked for a number of logistics firms following his English degree, then switched this hands-on experience to writing and has since become one the most prolific writers on the diverse China logistics industry writing for a host of titles including Supply Chain Asia, Cargo Facts and Air Cargo Week. Jason’s access to the biggest shippers with business in China has proved an invaluable source of exclusives.

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