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crashbandicootps5| China Ship Charter (03877) Subsidiary entered into a memorandum of agreement and bareboat charter agreement with Asia Pacific Shipping Company for two product oil tankers
editor 2024-05-20 20:31:13
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Zhitong Finance APP News, China Shipbuilding (600150) Leasing (03877) announced that on May 20, 2024, the companycrashbandicootps5Fortune CSASP I and Fortune CSASP II have entered into a memorandum of agreement and bareboat charter agreement with, among others, the charterer Asia Pacific Shipping Company, pursuant to which Fortune CSASP I and Fortune CSASP II have agreed to purchase the vessel from the charterer at a consideration; and based on the estimated total rent payable by the charterer at approximately 1crashbandicootps5US$29 million (including estimated lease interest of approximately US$55.354 million) will lease the ship back to the charterer.

crashbandicootps5| China Ship Charter (03877) Subsidiary entered into a memorandum of agreement and bareboat charter agreement with Asia Pacific Shipping Company for two product oil tankers

It is reported that the ships are two product oil tankers with a total value of US$132 million, which is equivalent to the total shipbuilding price of the ship under the relevant shipbuilding contract.

The announcement stated that the conclusion of the memorandum of agreement and bareboat leasing agreement will consolidate the Group's leasing business and be in line with the Group's overall business development strategy.

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