Orient Overseas Announces Major Vessel Leasing Deal
Company Announcements

Orient Overseas Announces Major Vessel Leasing Deal

Orient Overseas (International) (HK:0316) has released an update.

Orient Overseas (International) Limited has entered into a significant lease agreement for six newly-built container vessels, with a total charter-hire payment of approximately RMB11.2 billion over a 15-year period. This transaction, involving subsidiaries of Seaspan, is considered a discloseable transaction under Hong Kong’s listing rules, indicating its relevance to investors.

For further insights into HK:0316 stock, check out TipRanks’ Stock Analysis page.

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