Hafnia Tankers seals LR1 sale and leaseback deal

Hafnia Tankers seals LR1 sale and leaseback deal

Denmark’s Hafnia Tankers has completed a sale and leaseback with a Japanese private shipowning company for its 2010-built LR1 tanker Hafnia Australia.

Hafnia says the deal will have positive effect liquidity of around $8.7m, adding to an already strong cash position.

The vessel is being chartered back on a 12-year bareboat charter, and Hafnia will have purchase options annually from the fourth year onwards.

Hafnia says the deal has already been completed, and the vessel has been delivered to the Japanese owner.

Grant Rowles

Grant spent nine years at Informa Group based in London, Sydney, Hong Kong and Singapore. He gained strong management experience in publishing, conferences and awards schemes in the shipping and legal areas, working on a number of titles including Lloyd's List. In 2009 Grant joined Seatrade responsible for the commercial development of Seatrade’s Asia products. In 2012, with Sam Chambers, he co-founded Asia Shipping Media.

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