Greater China
Yang Ming works leaseback deal
Taipei: Yang Ming Marine Transport has sold an 8,200 teu containership and taken it back on leaseback in order to replenish working capital.
The ship has been sold vessel for $57.5m-$58.5m, booking a profit of $2.6m-$3.6m.
“The deal is to build our working capital and optimise our asset portfolio,” Yang Ming said. [27/06/14]