A $100m string of secondhand supramax and kamsarmax bulker buys that had been attributed to Chinese shipping companies have emerged as the work of Minsheng Financial Leasing.
According to Chinese commercial and financial sources, the Beijing-based leasing giant has placed a series of recent vessel purchases — especially for supramaxes operating in intra-Asian trading — with Chinese operators on medium-term time charters and bareboat charters.
