China Merchants Financial Leasing (CMFL) has gone live with its initial lease financing — a high-spec offshore vessel built at a sister shipyard for Singapore's Ultra Deep Solutions (UDS).
The sale and handover of the 7,000-dwt dive support vessel (DSV) Lichtenstein (built 2017) took place last week at Shenzhen.
After more than a year in the planning and preparation stage, China Merchants Group (CMG)'s new lease finance vehicle CMFL has a pipeline of deals under negotiation, and more are understood to be around the corner, possibly including external sale-and-leasebacks and financings of newbuildings from the group's shipyards and offshore yards.
