Common Contracts

2 similar Sale and Leaseback Agreement contracts

Sale and leaseback agreement for one product tanker
Sale and Leaseback Agreement • June 8th, 2011

TORM has entered into a sale and leaseback agreement for the product tanker TORM Marie. The vessel has been sold for a total consideration of USD 46 million. The transaction will be treated as a sale with an accounting profit of USD 7 million.

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Sale and leaseback agreement for one product tanker
Sale and Leaseback Agreement • June 1st, 2011

TORM has entered into a sale and leaseback agreement for the product tanker TORM Margrethe. The vessel has been sold for a total consideration of USD 46 million. The transaction will be treated as a sale with an accounting profit of USD 8 million.

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