China Development Bank Financial Leasing (CDB Leasing) has agreed its second major tanker acquisition deal in as many days.

The Hong Kong-listed leasing arm of state-owned China Development Bank said it is buying nine tankers from Danish shipowner Torm for $172m.

CDB Leasing did not provide a breakdown of the types of ships it is buying but identified the sellers as Torm Singapore Pte and Vesselco 10 Pte, two companies incorporated in Singapore.