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Published:2021.05.24 News Sources:Qingdao Gute Ship Supplies Co., Ltd. Views: | |||
The Bank of China has leased eight new 49,600-ton oil tankers
On May 21, CBC Leasing announced that eight wholly-owned special purpose companies of the company (as the new buyer) entered into a shipbuilding contract assignment agreement with the original buyer, Hong Kong Hengyi Logistics Co., Ltd., Sellers 1, China Shipbuilding International Co., Ltd., and Sellers 2, China Shipbuilding Industry & Trading Co., Ltd., on May 21, 2021. The Original Purchaser has agreed to assign its rights and obligations under the Shipbuilding Contract to the New Purchaser, Vendors 1 and 2 have agreed to build and sell eight oil tankers to the New Purchaser, and the New Purchaser has agreed to purchase the vessels at a price of US $279.2 million. The Transaction Consideration shall be paid by the New Purchaser to Seller 1 and Seller 2 in 4 installments according to the Vessel's construction progress. The ship is expected to be delivered one in February 2024, one in April 2024, one in June 2024, one in August 2024, one in November 2024, one in January 2025, one in March 2025 and one in May 2025, respectively, Relevant registration transfer will be completed on the date of delivery of the vessel. Upon completion of the Transaction under the Shipbuilding Contract Assignment Agreement, the New Purchaser as Lessor will enter into a separate Operating Lease Agreement with the Original Purchaser to lease the Vessel on an Operating Lease basis at a fixed rent to the Original Purchaser (through certain of its wholly-owned Special Purpose Companies). The eight wholly-owned SPV companies are CL Anji Limited, CL Jiande Limited, CL Jiaxing Limited, CL Jinhua Limited, CL Lishui Limited and CL Shaoxing Limited, CL Wenzhou Limited and CL Zhoushan Limited are wholly owned Special Purpose Companies incorporated in Hong Kong. China Bank Leasing explains that the reason for the signing of the shipbuilding contract transfer agreement and its benefits are that it is conducive to giving full play to the advantages of all parties, is conducive to increasing the company's market share in the shipping market, and is in line with the company's business development strategy. Zhejiang Hengyi Group is a modern large-scale private enterprise specializing in the production of petrochemical and chemical fiber raw materials. It is the world's largest chemical fiber manufacturer with the integration of PTA-polyester and CPL-nylon double industrial chain, and also the world's most competitive chemical fiber leading enterprise. It is reported that after the completion and delivery of this series of ships will serve the "One Belt and One Road" key project - Hengyi Group Brunei Grand Mora Island Refining and Chemical Integration Project. We have learned, along with the constant from brunei PMB project continues to advance, in order to further develop overseas transport business, at the same time to provide more professional and convenient service for the group project, constant escape group was founded in July 2019, respectively constant amidst international logistics co., LTD. (Singapore), constant escape logistics co., LTD., Hong Kong inland and overseas double drive and drive, To improve the service system to promote the domestic and overseas transportation business development. |
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