Chinese lessors’ shipping investment up 5%
Top of consultancy Smarine’s league table is ICBC Financial Leasing, which invested $3.2bn in shipping last year, a 45% jump year on year. Some smaller lessors, such as CDB Leasing and AVIC Leasing, have also expanded rapidly
As of end-2018, the combined shipping assets held by leasing companies in China stood at $51.3bn, a 9% growth compared with 2017
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