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CSSC Shipping garners $100m loans for VLGC acquisition

Subsidiaries borrowing the money are linked to two VLGCs ordered by a Chinese owner in late 2019, according to Lloyd’s List Intelligence data

A set of gas tankers are to be built by CSSC’s Jiangnan Shipyard. The vessels are believed to have been ordered by Southwest Maritime, the shipping unit of China’s Wideshine Group

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