China Development Bank Financial Leasing Acquires Three Multipurpose Vessels
On July 14, China Development Bank Financial Leasing announced that three of its wholly-owned subsidiaries (as buyers) had entered into shipbuilding contract transfer agreements with the original buyer, Haitong International Shipping, and the seller, Taizhou Kouan Shipbuilding, on July 14, 2026. The company intends to assume the rights and obligations under the original shipbuilding contracts and purchase three multipurpose bulk carriers from the seller for a total consideration not exceeding $138 million.

CDB Leasing stated that the transaction will be funded through a combination of internal capital and commercial bank loans, with payments made in five instalments based on construction progress. The vessels are scheduled for delivery in the fourth quarter of 2027 and will be deployed on operating leases.