SPDB Financial Leasing (SPDB FL) has expanded its fleet with four ultramax bulker newbuildings worth about $96m.
The Chinese leasing company has signed up for the 61,000-dwt bulk carriers at Nantong Cosco KHI Ship Engineering (Nacks) for delivery in late 2021.
A shipbuilding source said he believes SPDB FL is paying around $24m each for the bulk carriers, which will be built to IMO Tier III emissions standards.
