Grindrod in sale-and-leaseback bulker deal
Singapore-based Grindrod Shipping has entered into a sale-and-leaseback deal for a bulker, its third in recent weeks. It has the option to purchase the vessel back after the second year of the 12-year bareboat charter
The sale is expected to generate about $5.4m in cash after settling debt associated with the vessel
If content does not display, please refresh your browser.
Not a subscriber?
Find out about tailored subscription packages:
T: +44 (0) 20 3377 3792