CDB Leasing acquires five MR tankers from Trafigura
China Development Bank Financial Leasing (CDB Leasing) has agreed to purchase five MR product tankers from Geneva-based commodities giant Trafigura.
The transaction，worth approximately $140m，involves five of CDB Leasing’s Hong Kong-incorporated special purpose companies，which are principally engaged in the vessel leasing business.
Delivery dates for the five unnamed ships have not been revealed.
This year，the Hong Kong-listed CDB Leasing has been rapidly acquiring product tankers and bulkers. In June，it paid $383.8m for 10 MR units under construction at New Times and most recently $108m for 16 bulker newbuildings ordered at Penglai Zhongbai Jinglu Ship Industry and Huanghai Shipbuilding.