The deal, which also involved RS Platou Finans,was for the 50,700-dwt open hatch general cargo carrier Star Lygra (built2013).
“We’re pleased to acquirethis vessel and bareboat charter it to Grieg Star, one of the largest owners ofopen hatch general cargo carriers in the world,” said CIT Maritime Financemanaging director Svein Engh.
“This transaction representsour first financing through a bareboat charter and reflects our ability tostructure a tailored financing solution that affords Grieg Star purchaseoptions and increased capital flexibility.”
TheStar
