IMSK - Sale leasebackSale Leaseback Agreement • December 20th, 2016
Contract Type FiledDecember 20th, 2016These ships are capable of carrying LNG, LPG and Ethylene and will be sold at expected cost of about USD90 million. Teekay Corporation has agreed to takeover the existing shipbuilding contracts for these vessels from subsidiaries of IM Skaugen SE (IMS) as well as to provide the funding needed for the construction phase and Teekay LNG has agreed to acquire the vessels upon their delivery.