A new study that surveyed China's top 10 financial leasing companies in shipfinance reckons up the total 2016 drawdown will come to over $11.5bn, of which newbuilding leasing accounts for $5.1bn and second-hand sale-and-leaseback for $6.4bn.

The gross drawdown figures are not adjusted for repayments. 

The study released exclusively to TradeWinds this week by Shanghai-based Smarine Advisors provides no figures on the amount of new leasing commitments made during the year.

The