CSSC (Hong Kong) Shipping to Buy and Lease Back Four Container Vessels for US$103.5 Million

Reuters03-04

CSSC (Hong Kong) Shipping to Buy and Lease Back Four Container Vessels for US$103.5 Million

CSSC (Hong Kong) Shipping Co. Ltd. said its wholly owned SPVs, Fortune Bankok I-IV, have entered into agreements to purchase and lease back four 1,900 TEU feeder container vessels from Lucilla Maritime, Megara Maritime, Apollonas Maritime and Cronos Maritime, companies ultimately owned by Vyron Vasileiadis. The vessels have an aggregate shipbuilding price of US$129.4 million, with consideration set at US$103.52 million, and are scheduled for delivery between July 2028 and May 2029. CSSC estimated total charterhire over 120 months at about US$140.725 million, including about US$36.685 million of lease interest.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. CSSC (Hong Kong) Shipping Co. Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20260304-12041105), on March 04, 2026, and is solely responsible for the information contained therein.

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