Bank of Communications Financial Leasing (BoComm FL) has picked up a quartet of eight-year-old MR2 product tankers from Denmark's Torm, and has emerged alongside another Chinese lessor as the buyer of a similar string of ships from Navios.
The products tanker deals come in a comparatively quiet period for the Chinese leasing houses.
BoComm paid $66m in the sale-and-leaseback deal for the 52,000-dwt Hyundai Mipo Dockyard-built Torm Australia, Torm Singapore, Torm Malaysia and Torm New Zealand (ex-CPO Australia, CPO Malaysia, CPO Singapore and CPO New Zealand, all built 2011).
