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CDB Leasing buys six ultramax bulkers from Oldendorff

The sextet was sold for $137.1m in total and will be leased back to the seller at an index-linked floating rate. The two parties have been involved in sale-and-leaseback deals with each other before

CDB Leasing is already the beneficial owner of six 63,000-dwt class dry bulkers operated by Oldendorff, which runs about 30 ultramaxes in total. The German owner is one of the world's biggest dry bulker operators

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