CSSC (HK) seals feeder ship sale-and-leaseback deal with Sinokor
The $102.8m deal will see four 1,080-teu vessels being leased back to Sinokor for 12 years after they are delivered from CSSC-linked yards. Sinokor is obliged to buy them back after the end of the charter period
The deal will strengthen the group’s leasing business and is consistent with its overall business development strategies