A new study that surveyed China's top 10 financial leasing companies in shipfinance reckons up the total 2016 drawdown will come to over $11.5bn, of which newbuilding leasing accounts for $5.1bn and second-hand sale-and-leaseback for $6.4bn.
The gross drawdown figures are not adjusted for repayments.
The study released exclusively to TradeWinds this week by Shanghai-based Smarine Advisors provides no figures on the amount of new leasing commitments made during the year.
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