Two Chinese leasing houses are banking the lion's share of the proceeds from Seaspan Corp's purchase of four ships from Pacific International Lines (PIL).
ICBC Leasing and Shanghai-based China Construction Bank Financial Leasing (CCB FL) have told TradeWinds that the two companies shared the financing of the four PIL vessels.
PIL bought out the financing for an undisclosed sum in order to sell to Seaspan, they said.
