The 2022 North Bund Forum, co-hosted by the Shanghai Municipal People’s Government and the Ministry of Transportof China, was held in Shanghai from November 22 to 24. There are two parallel forums for international shipping and international aviation in this forum. Mr. Xu Bin, Chief Expert of Bank of Communications, Secretary of the Party Committee and Chairman of theBoard of Directors of the Bank of Communications Financial Leasing(BOCOM Leasing)attended the forum.
Xu Bin introduced that by the end of 2021, the stock scale of ship financing of Chinese financial institutions was nearly 100 billion US dollars, accounting for more than 25% of the global ship financing market, and China has become the largest ship financing supplier in the world.
BOCOM Leasing’s annual increase in ship financing exceeded 20 billion yuan, ranking among the world’s top ship financing institutions. The international layout of the BOCOM Leasing’s shipping leasing business has also been promoted rapidly, with overseas business accounting for more than 50% of the shipping assets. At present, BOCOM Leasinghas more than 450 vessels of various types, with an asset scale of more than 110 billion yuan. BOCOM Leasinghas grown into a financial leasing company with the largest commercial fleet and the largest shipping leasing assets in China.
BOCOM Leasinghas carried out a number of green ship financing projects, including LNG powered ships, gas carriers and other green ship financing projects. BOCOM Leasinghas also jointly explored green ship financing projects with shipping enterprises, including battery powered ships, ammonia fueled ships and methanol fueled ships.
