Globe Shipholding, CCBL Sign Sale, Leaseback for Tanker Duo

TankerIllustration. Image Courtesy: Pexels under CC0 Creative Commons license

Globe Shipholding has agreed a USD 132.8 million sale and leaseback transaction for two tankers with CCB Financial Leasing.

The vessels were acquired from and chartered back to two subsidiaries of Globe Shipholding, which maintain a fleet of crude carrier tankers managed by Almi Tankers.

CCBL’s transaction with Globe represents the first completed sale and leaseback of VLCCs in the Chinese leasing community.

The financing was drawn by Globe under the sale and eight-year capital lease back transaction which was put to various uses including the refinancing of certain bank loans secured on the two tankers.

Share this article

Follow World Maritime News

In Depth>

Events>

<< Mar 2019 >>
MTWTFSS
25 26 27 28 1 2 3
4 5 6 7 8 9 10
11 12 13 14 15 16 17
18 19 20 21 22 23 24
25 26 27 28 29 30 31

LNG2019

LNG2019 features the largest number and highest level of LNG industry leaders.

read more >

Singapore Maritime Week (SMW) 2019

very year, SMW gathers the international maritime community for a week of flagship conferences…

read more >

FPSO Brazil Congress 2019

Charging ahead with 24 planned orders by 2022, Brazil has once again solidified its status as one of the world’s foremost oil and gas leaders…

read more >