CDB Leasing snaps up six Ultramaxes from Celsius

China Development Bank Financial Leasing (CDB Leasing) continues to add secondhand tonnage to its fleet, with a new deal to acquire six 60,000 DWT Ultramax bulk carriers.

The Hong Kong-listed company has snapped up GH Danzero, GH Urban Sea, GH Sky Beauty, GH Galileo, GH Eclipse and GH Desert Orchid from Denmark’s Celsius Shipping for $129.8m.

The transaction involves six CDB Leasing’s Hong Kong-incorporated subsidiaries, which are principally engaged in the vessel leasing business.

Earlier this week, CDB Leasing entered into an agreement to acquire eleven vessels from Danish bulk operator Clipper in a deal worth around $140m.

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