CDB Leasing splashes out on new LNG carrier

China Development Bank Financial Leasing (CDB Leasing) is expanding its growing fleet with an LNG carrier.

The Hong Kong-listed leasing company reports that it has agreed to acquire an LNG vessel from CMB International Leasing Management (CMB) for $154.5m.

CDB Leasing did not disclose details of the gas carrier but said the deal would increase its market share in the LNG sector and is in line with the company’s business strategy.