the unique vision of the East China Sea Anhe (EGPN) and Yingxing financial leasing cooperation!
According to the official news of Yingxing Financial Leasing (Anhui) Co., Ltd. (Yingxing Financial Leasing), the company recently cooperated with Donghai Anhe Bulk Transport Co., Ltd. (EGPN) for the first time in the field of chemical tankers.
It is reported that the subject matter of this cooperation is two 18500DWT chemical ships newly built by EGPN in Wuhu Shipyard.
this cooperation is another important breakthrough of Yingxing Financial Leasing in the field of US dollar ship financial leasing business, and continues to write a new chapter in Anhui Province's foreign currency (US dollar) ship financial leasing business.
photo source:Yingxing financing lease
Yingxing Financial Leasing was established in 2023. It is a financial leasing enterprise jointly initiated by state-owned capital Wuhu Industrial Investment Fund Co., Ltd., Wuhu High-tech Industrial Development Fund Co., Ltd., and industrial capital Wuhu Shipyard Co., Ltd. So far this year, Yingxing Financial Leasing, with its professional strength and efficient service in the field of ship financing, has continuously won market recognition and successfully signed five ship leasing contracts with a financial leasing contract amount of about 1 billion yuan, all of which are domestic head shipping companies.
and as Sindh Maritime Network recently reported 《add 2 more new ships, intercontinental shipping continue to do big chemical shipping business!article, on July 22, Intercontinental Shipping Group Holdings Limited (hereinafter referred to as "Intercontinental Shipping") also announced a similar bareboat lease agreement with Yingxing Financial Leasing for two 18500 dwt chemical tankers, continuing to expand its fleet.
In addition, due to the serious aging of the fleet, coupled with the optimistic outlook of the product tanker market and the reduction of swing capacity, the industry is generally optimistic about the prospects of the chemical shipping market.
In fact, from March last year to the present, EGPN has placed orders for 8 new ships of the same type on Wuhu Ships.
Donghai Anhe is a shipping company established by the merger of Donghai Transportation Hong Kong Co., Ltd. and Anhe Shipping Co., Ltd. in Hong Kong in December 2014. It specializes in operating more than 30 ships of various types, including Cape of Good Hope, Panama, Handy Dry Bulk Carrier, Product Oil Carrier and Multi-purpose Chemical Carrier. It has nearly 20 self-owned ships (including dry bulk ships and liquid cargo ships) with a total capacity of over 1 million dwt and an actual control capacity of about 3 million dwt, the fleet and capacity scale are in the forefront of the industry, and it is one of the most professional ocean shipping fleets in China.
in addition to being able to accurately time orders to order chemical tankers.
EGPN in the shipping market in recent years is a classic.
Previously, Shun Tak Maritime Network had been in 《by buying and selling VLCC, a shipowner in Beijing made a fortune in just six months."freight, ship prices soared! Supramax market trading hot, Beijing Donghai An and EGPN are also very good at taking advantage of the shipping market cycle and making good net profits in asset play.
In fact, according to shipbrokers, EGPN made a quick resale of a ship it had just bought and netted about $8 million not long ago.
As previously reported by Sindh Maritime Network 《buy three big ships! Tokai Anhe expands dry bulk fleet again"At the end of last year, the company bought three Capesize ships built between 2010 and 2011 from Bocimar at one time. The three ships are Mineral Destelbergen, Mineral Temse and Mineral Brugge. It is said that the three ships spent a total of about US $60 million at that time, which means the price of a single ship is about US $20 million.
, according to broker sources, EGPN has recently sold its Mineral Destelbergen (later renamed Eastern Windflower) for $28 million. That means the company made about $8 million on the deal.