Yang Ming Marine Transport has sold an 8,200 teu containership and taken it back on leaseback in order to replenish working capital.
The ship has been sold vessel for $57.5m-$58.5m, booking a profit of $2.6m-$3.6m.
“The deal is to build our working capital and optimise our asset portfolio,” Yang Ming said
Yang Ming Works Leaseback Deal
2014-06-30
2850人
Source:SinoShip News
Most ViewsHOT
- Jinhui continues to trim older tonnage with $10.3m supramax disposal
- Precious Shipping snaps up ultramax newbuild resales
- Top Ships fixes MR tanker for three years in $20m deal
- Pyxis Tankers sets sights on fresh tonnage
- Eastern Pacific makes VLCC comeback with newbuild deal in China
- TS Lines returns to Mawei Shipyard for fresh boxship tonnage
- Nigeria LNG shipping unit picks Hudong-Zhonghua for new LNG carrier batch
- ArcelorMittal–DryLog venture books newcastlemaxes in China
- Star Bulk confirms three kamsarmax newbuilds at Hengli
- Atlantic Bulk Carriers back for four more ultramaxes in China
