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Grindrod Shipping seals sale and leaseback deal for product tanker

Singapore-based Grindrod Shipping has entered into a sale and leaseback transaction with a Japanese leasing house for its 2016-built MR product tanker . Under the deal, the company sold the vessel for $26.8m and chartered it back for a period of up to 15 years. It also has the right to buy back to vessel …

WP_Post Object ( [ID] => 236845 [post_author] => 75 [post_date] => 2020-12-23 02:08:33 [post_date_gmt] => 2020-12-23 02:08:33 [post_content] =>

Singapore-based Grindrod Shipping has entered into a sale and leaseback transaction with a Japanese leasing house for its 2016-built MR product tanker . Under the deal, the company sold the vessel for $26.8m and chartered it back for a period of up to 15 years. It also has the right to buy back to vessel …

[post_title] => Grindrod Shipping seals sale and leaseback deal for product tanker [post_excerpt] => Singapore-based Grindrod Shipping has entered into a sale and leaseback transaction with a Japanese leasing house for its 2016-built MR product tanker . Under the deal, the company sold the vessel for $26.8m and chartered it back for a period of up to ... [post_status] => publish [comment_status] => open [ping_status] => closed [post_password] => [post_name] => grindrod-shipping-seals-sale-and-leaseback-deal-for-product-tanker [to_ping] => [pinged] => [post_modified] => 2020-12-23 02:08:33 [post_modified_gmt] => 2020-12-23 02:08:33 [post_content_filtered] => [post_parent] => 0 [guid] => https://splash247.com/?p=133450 [menu_order] => 0 [post_type] => news [post_mime_type] => [comment_count] => 0 [filter] => raw )