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Hunter Group agrees new sale and leaseback deal

Still without a fleet at sea, the Hunter Group has already scrapped one major loan as it turns to five year sale and leaseback deal to help cover its finances. Four VLCCs are set for delivery in the next couple of months, and Hunter is confident the right market conditions will be in it place

The Norwegian VLCC owner ditches deal with shipping banks for new five year sale and leaseback deal with leasing company

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