According to the Zhitong Finance App, COSCO Haineng (01138) announced that the company's wholly-owned subsidiary Global Shipping plans to rent 14 new VLCC ships from a total of BOC Gold Lease, ICBC Gold Lease, CITIC Financial Leasing, and Minsheng Financial Leasing. The lease period will not exceed 20 years. The total rent is no more than 17.4 billion yuan.

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