Navig8 Chemical Tankers sells five vessels with leaseback agreements

Tanker company Navig8 Chemical Tankers sells five vessels through so-called sale-and-leaseback agreements. The company entered a similar agreement last year.

Photo: PR / Navig8 Chemical Tankers

Chemical tanker company Navig8 Chemical Tankers sells several vessels in its fleet in order to lease them right back.

The deal pertains to five vessels, which have been sold to CSSC Shipping on so-called sale-and-leaseback agreements, chief executive Jens Grønning confirms to ShippingWatch.

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