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Chinese leasing for Marinakis VLCCs hailed as bellwether deal

Two Chinese leasing companies have agreed to finance a quartet of VLCCs ordered from Samsung by Greece-based Capital Maritime to the tune of about $210m, underlining the advance of this form of financing for shipping. Lloyd’s List has identified a second VLCC leasing transaction approaching conclusion as shipowners at a Marine Money conference in Athens voiced optimism that leasing is here to stay

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Expansion of funding to cover range of vessel sizes and types highlights the rise in importance of Chinese firms

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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