Denmark’s Hafnia Tankers has sealed its first sale and leaseback deal in the Japanese market, with 2010-built LR1 tanker Hafnia Africa being sold to a Japanese private shipowning company.
being sold to a Japanese private shipowning company.The vessel will come back to Hafnia on an eight-year bareboat charter with options to extend by a further four years. The charter includes annual purchase options from year four onwards.
Hafnia says the deal will have a positive liquidity effect of around $8.5m, while the lease arrangement allows it to abide by its strict policy of maintaining a low cash breakeven.
