The Arkas Group revealed on Friday that it has received Chinese leasing finance to increase its newbuilding investments in China to $360m.

Turkey’s biggest container ship owner signed formal agreements for six 4,300-teu panamaxes with the CSSC group’s Huangpu Wengchong Shipyard.

The Lucien Arkas-led company had announced in April that it was booking four vessels at the yard in its first newbuilding deal in eight years.