Hong Kong-based owner Landbridge has sealed a financial deal with compatriot owner CSSC Shipping， the shipowner vehicle of state-run China State Shipbuilding Corp.

Brokers note that Landbridge’s two Dalian Shipbuilding Industry Co-built ships， Landbridge Glory and Landbridge Horizon， have been sold for $102m each basis nine years and seven years bareboat back respectively at around $29，500 per day with purchase options at the end.

Last week busy Landbridge declared a purchase option on a VLCC， Landbridge Wisdom， currently on bareboat charter from John Fredriksen’s sale-and-leaseback specialist SFL Corp.

Meanwhile， cash-rich CSSC Shipping is active in the secondhand market this year. VesselsValue’s sales register notes six sales both in wet and dry by the over 100-ship strong player and more deals are in the pipeline.