Seacon Shipping Group Announces Sale and Leaseback of Six Vessels for $198.6 Million

Reuters
2025/12/28
<a href="https://laohu8.com/S/90092">Seacon Shipping</a> Group Announces Sale and Leaseback of Six Vessels for $198.6 Million

Seacon Shipping Group Holdings Limited has entered into agreements involving the novation of six shipbuilding contracts and a series of finance lease arrangements related to six vessels. Under these arrangements, Seacon Shipping will sell the vessels to designated owners for a consideration of USD28,135,000 each, with an aggregate consideration of USD198,600,000. The owners will then charter the vessels back to Seacon Shipping’s subsidiaries under bareboat charter agreements. The company has also provided a deed of guarantee in favor of the owners. The transactions involve entities that are indirect wholly-owned subsidiaries of Seacon Shipping Group Ltd. and a previous buyer that is a joint venture owned by the Group and Aurora Ships Co., Ltd.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Seacon Shipping Group Ltd. published the original content used to generate this news brief via IIS, the Issuer Information Service operated by the Hong Kong Stock Exchange (HKex) (Ref. ID: HKEX-EPS-20251228-11967857), on December 28, 2025, and is solely responsible for the information contained therein.

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