China Development Bank Leasing buys LNG vessel

CDB Leasing (International) Company, a wholly-owned subsidiary of China Development Bank Leasing, has entered into a vessel purchase agreement with CMB International Leasing Management Limited to buy an LNG vessel for $154.5 million. 

China Development Bank Leasing said the deal is expected to increase the market share of the company in vessel owning and is consistent with the company’s business development strategy.