Asia Pacific Shipping (ASP) Finalizes Sale-and-Leaseback Agreement with CSSC Leasing

As part of our strategic expansion, Asia Pacific Shipping has successfully completed a sale-and-leaseback agreement with CSSC (Hong Kong) Leasing for two product tanker newbuildings.

The tankers, scheduled for delivery in September and December of 2026, will be leased back to ASP on bareboat charter, thus ensuring seamless integration into our current fleet. After the charter period has passed, ASP will reacquire the vessels, ensuring our long-term commitment to growing our fleet, alongside sustainability goals.

Established in 2012, CSSC is among the world’s leading ship financing enterprises, backed by comprehensive maritime expertise and industrial background. ASP is pleased to partner with CSSC in this transaction, strengthening collaboration with global leaders in the maritime industry.

Agreements like this highlight ASP’s commitment to maintaining a state-of-the-art, high-performance fleet while continuously driving sustainable growth.