Maersk Product Tankers has entered an agreement with China Development Bank Financial Leasing Co., Ltd (CDBL) for the sale of 14 product tankers at a total value of USD 422m.
Representation Image – Credits: remontowa.com.pl
Under the terms of the deal, nine of the vessels will be bareboat chartered back to Maersk Product Tankers. All 14 vessels will remain under the commercial and technical management of Maersk Tankers.
“The sale that we are announcing today is an important step in our strategy of...