Euronav NV announces that it has entered into a sale and leaseback agreement for the VLCC Newton (2009 – 307,284) with Taiping & Sinopec Financial Leasing Ltd Co. The vessel was sold for USD 36 million. The transaction produced a capital gain of about USD 2.4 million. After repayment of the existing debt, the transaction …
The post Euronav Announces Sale And Leaseback Of VLCC Newton first appeared on Hellenic Shipping News Worldwide.