Bank of Communications Financial Leasing (BoComm Leasing) is circulating for charter four of seven supramaxes it recently purchased in two separate fleet deals.
TradeWinds has learned that the ships were not acquired as a third-party financing but as part of a “new business strategy” to buy supramaxes at low prices, operate them until a Chinese buyer emerges, then sell them with lease financing at a thin profit margin for the sake of future earnings from lease payments.
