The hot market for dry bulk sale-and-leaseback deals involving Japanese buyers appears to be running out of steam after a slump in deals this year.
In May, Seanergy Maritime chose unnamed Japanese owners for the sale and leaseback of two capesize bulk carriers, the 179,000-dwt Knightship and Lordship (both built 2010).
The refinancing terms for the scrubber-fitted ships differ, but they both include a fixed bareboat charter back period of around five years and purchase options.
