Category: Finance and Insurance
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CDB Leasing offloads kamsarmax trio at auction
CDB Leasing offloads kamsarmax trio at auction CDB Leasing has been tied to a triple kamsarmax bulker sale through an auction. Multiple brokers report the Hong Kong-listed leasing unit of China Development Bank has offloaded the 2015-built CL Rizhao and the 2016-built CL Singapore and CL Tianjing for around $68.5m. VesselsValues estimates the ships between…
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Australia’s TCorp invests in Cyan Renewables
Australia’s TCorp invests in Cyan Renewables Fast-expanding offshore wind vessels pureplay Cyan Renewables has secured backing from Australia’s TCorp. The funding arm of Australia’s most populous state, New South Wales, said it had acquired an interest in Cyan with an initial investment of over $100m, with plans for further cash injections to support the Singapore-based…
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Hong Kong’s role in global ship finance
Hong Kong’s role in global ship finance The city has plenty of core strengths when it comes to providing capital to shipping. The latest installment from our brand new magazine being distributed across Hong Kong Maritime Week. Hong Kong has a long tradition of providing shipping finance and progress has recently been made to attract…