Minsheng steps up tanker push with $500m VLCC order
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Minsheng Financial Leasing has placed an order for four VLCC newbuildings in China valued at approximately $500 million, continuing its active investments in charter-backed shipping ventures.
Minsheng Financial Leasing has lined up four VLCC newbuildings in China in a deal worth around $500m, extending a rapid run of charter-backed shipping investments by the Chinese lessor. Shipbuilding sources have linked Minsheng to four 319,000 dwt vessels at Jiangsu New Hantong Ship Heavy Industry, priced at around $125m each. The quartet is being …
Markets Deals Commodities Shipping Minsheng Financial Leasing VLCC order tanker shipbuilding China charter-backed investments