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Asia Pacific Containers Dry Bulk

Chinese lessors to see 15% drop in ship lending this year

Total drawdown of ship leasing houses in China is expected to come in at $13.5bn for 2020, compared with $15.8bn in 2019. The decline signals a halt to a decade’s fast expansion of the number of lessors in the global ship finance arena

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The slowdown underlines stricter risk control measures taken by Chinese leasing houses amid economic and geopolitical uncertainties. The coronavirus backdrop and China’s dual-circulation policy might drive the lessors to develop closer ties with domestic shipowners and charterers 

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This copy is for your personal, non-commercial use. For high-quality copies or electronic reprints for distribution to colleagues or customers, please call UK support at +44 (0)20 3377 3996 / APAC support at +65 6508 2430

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