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Teekay Tankers Closes Sale-Leaseback for Six Aframaxes

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September 13, 2018 Tanker owner and operator Teekay Tankers has completed and closed the previously-announced sale-leaseback transaction for six Aframax tankers. The vessels in question are the Whistler Spirit, Blackcomb Spirit, Emerald Spirit, Garibaldi Spirit, Tarbet Spirit and Peak Spirit. As a result, the company has increased its liquidity position by some USD 60 million […]

TORM Inks Sale and Leaseback for Tanker Duo

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March 9, 2017 Danish shipping company TORM has reached an agreement to sell and leaseback two of its vessels, the LR2 tanker TORM Helene and the MR tanker TORM Mary. Additionally, the company decided to sell its 1999-built MR tanker TORM Anna, TORM said in its latest financial report. As a result of these transactions, […]

Navig8 Chemical Tankers Pens Sale-Leaseback Deals for Chemical Quartet

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April 8, 2016 Navig8 Chemical Tankers has signed sale and leaseback agreements with Bank of Communications Financial Leasing (BCFL) for four IMO2 49,000 DWT Interline coated medium range tankers being built at STX Offshore & Shipbuilding. Read More