Sale and leaseback agreement for one product tankerSale and Leaseback Agreement • June 8th, 2011
Contract Type FiledJune 8th, 2011TORM 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.
Sale and leaseback agreement for one product tankerSale and Leaseback Agreement • June 1st, 2011
Contract Type FiledJune 1st, 2011TORM 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.