China Development Bank Leasing buys LNG vessel

In:

Traditional energy

Region:

Asia-Pacific

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.

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