Independent shipowner’s association BIMCO has noted that sale and leaseback transactions had increased substantially in number over recent years as an alternative method of ship financing. BIMCO has now adopted a new term sheet which will facilitate the negotiation of sale and leaseback deals and make the process cheaper for parties involved. BIMCO’s Documentary Committee…
The post BIMCO adopts pioneering ship sale and leaseback standard appeared first on Insurance Marine News.
Author: Capt....