China Development Bank Financial Leasing has entered into a shipbuilding contract with New Dayang Shipbuilding for the construction of nine 60,000 dwt bulk carriers, says an article published in Offshore Energy.
About the agreement
As informed, the agreement between the two parties was signed on 30 September. The deal will be financed from the company’s own funds and/or commercial bank loans, according to CDB Leasing. The consideration will be paid according to the agreed milestones in the building progress under the vessel purchase agreement.
Further details not disclosed
The contract follows last year’s agreement with the same shipyard for the construction of eight 63,000 dwt bulkers. The value of the contract was $188.9 million.
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Source: OffshoreEnergy
