Translation. Region: Russian Federal
Source: People’s Republic of China in Russian – People’s Republic of China in Russian –
Source: People’s Republic of China – State Council News
TIANJIN, June 12 (Xinhua) — A signing ceremony for the leasing of the 1,000th ship was held at the Dongjiang Free Trade Zone (FTZ) in north China’s Tianjin City on Wednesday.
As the largest ship financing and leasing center in mainland China, Dongjiang FTZ has officially joined the world’s leasing centers with 1,000 ships under management.
The milestone leased vessel is a floating liquefied natural gas (LNG) facility built in Singapore. The total investment in the project was nearly US$1.8 billion, including about US$1.2 billion in lease financing.
According to Shi Jinfeng, an official with the Dongjiang FTZ administration, the deal marks another milestone in the development of offshore ship leasing in Dongjiang and is the largest cross-border syndicated leasing project in mainland China in terms of both funding volume and number of participants.
Specializing in the leasing industry, Dongjiang FTZ serves over 90 percent of the cross-border leasing transactions of ships and marine engineering equipment in mainland China.