Ningbo Ocean eyes two car carriers in $480m leasing plan

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Ningbo Ocean Shipping is considering leasing two 7,000-CEU LNG dual-fuel car carriers under a long-term programme with potential payments of up to $480 million. The company disclosed the plan in a stock exchange filing.

China’s Ningbo Ocean Shipping is looking to add two 7,000 ceu LNG dual-fuel car carriers under a long-term leasing programme, with potential rental payments of up to $480m. The Shanghai-listed carrier disclosed the plan in a stock exchange filing, saying it or one of its subsidiaries intends to lease the vessels from a financial leasing …