Seacon Shipping Group Announces Sale and Leaseback of Six Vessels for $198.6 Million
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Seacon Shipping Group Holdings Limited has entered into agreements for the sale and leaseback of six vessels for $198.6 million. The vessels will be sold to designated owners and then chartered back to Seacon Shipping’s subsidiaries. The company has provided a deed of guarantee in favor of the owners. The transactions involve entities that are indirect wholly-owned subsidiaries of Seacon Shipping Group Ltd. and a joint venture with Aurora Ships Co., Ltd.
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