Luxembourg fund manager Flexam Invest is eyeing more shipping sale and leaseback deals following its second transaction with Sweden's Northern Offshore Group (NOG).
Flexam told TradeWinds it has bought two 26-metre crew transfer and wind farm support vessels (CTVs) from an unnamed owner and chartered them to NOG for around five or six years to grow the operator's fleet.
And more action could be on the cards, according to Flexam co-founder Fabrice Fraikin.
