Yang Ming, FSL, Maersk & HCI in Half Billion of Lease Deals

The I.M. Skaugen deal was interesting, but not the only recent sale leaseback deal. First Ship Lease last week announced that it had purchased three 4250 TEU contain­ership newbuildings from Yang Ming for $210 million en bloc with a 12 year bareboat back at a fixed rate market reports pin at $18,500 per day. The lease agreements con­tain purchase options for Yang Ming at undisclosed values at upon expiration of the leases.

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