Navios Acquisition Signs Four Oil Tanker Sale And Lease Agreement

- Apr 11, 2018-

According to foreign media reports, the tanker owner and operator Navios Maritime Acquisition announced that it had signed a sale and leaseback agreement for its four tankers on March 31st. RF flange

 

It is reported that this lease-and-lease agreement involves the vessels "Nave Atria", "Nave Aquila", "Nave Bellatrix" and "Nave Orion". The group of vessels previously obtained the bareboat charter of Zhaoyin Leasing’s subsidiary. pipe fittings

 

Navios Acquisition stated that this move was used to refinance $71.5 million in existing loans for four product tankers. Navios Acquisition stated that the company will use these funds to repurchase outstanding equity and/or debt. welding overlay