China Development Bank Leasing acquired 14 product tankers from Maersk Tankers for a total price of approximately 2.758 billion yuan.
On December 8, CDB Leasing announced that the company’s 14 wholly-owned companies (as the buyer) entered into a ship purchase agreement with the seller to purchase 14 product tankers at a price of US$422 million (approximately RMB 2.758 billion).
The 14 ships were sold by Maersk Tankers Singapore Pte Ltd, a shipping company incorporated in Singapore by Maersk Tankers, with a total book value of US$422 million.
CDB Leasing will pay a 10% deposit within 3 bank working days after the purchase agreement is concluded, and pay the remaining 90% of the ship payment after receiving the notice of ready delivery.
CDB Leasing stated that entering into a ship purchase agreement is conducive to giving full play to the advantages of all parties, is conducive to increasing the company's market share in the ship market, and is in line with the company's business development strategy.
However, CDB's statement did not say whether Maersk Tankers would charter back the tankers or give details of the ships involved.
Source: Sarah Yu, XINDE MARINE NEWS
The opinions expressed herein are the author's and not necessarily those of The Xinde Marine News.
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