Navig8 sells four ships to Chinese bank in leasing agreement
Navig8 Chemical Tankers sells four ships to state-owned Chinese bank ICBC. The transaction is a leasing agreement in which the company will lease the ships from the bank and is obligated to buy them back when their contracts expire.
by SIMON VALEUR
Navig8 Chemical Tankers has decided to sell four ships to state-owned ICBC, says the company in a press release.
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