{"id":1768,"date":"2019-05-09T07:01:39","date_gmt":"2019-05-09T07:01:39","guid":{"rendered":"https:\/\/www.al-sindbad.net\/?p=1768"},"modified":"2019-05-09T07:01:41","modified_gmt":"2019-05-09T07:01:41","slug":"varde-agrees-sale-and-leaseback-for-landbridge-vlcc","status":"publish","type":"post","link":"https:\/\/www.al-sindbad.net\/varde-agrees-sale-and-leaseback-for-landbridge-vlcc\/1768\/","title":{"rendered":"V\u00e4rde Agrees Sale and Leaseback for Landbridge VLCC"},"content":{"rendered":"\n<p class=\"wp-block-paragraph\"><strong>US-based alternative investment firm V\u00e4rde Partners has signed a sale and leaseback agreements for a very large crude carrier (VLCC) with Hong Kong\u2019s Landbridge VLCC International.<\/strong><\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The vessel in question is the 2016-built fuel-efficient tanker Landbridge Prosperity.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">Landbridge, a subsidiary of Chinese industrial company Landbridge Group,&nbsp;will continue to operate the 308,285 dwt ship under a bareboat charter, before repurchasing it at the conclusion of the charter period.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\"><em>\u201cWe are pleased to begin a financing relationship with V\u00e4rde,\u201d<\/em>&nbsp;Vincent Lai, CEO of Landbridge, said, adding that the transaction is a part of the company\u2019s scrubber retrofitting programme for the entire fleet.<\/p>\n\n\n\n<p class=\"wp-block-paragraph\">The parties did not reveal the financial terms of the transaction, which was arranged by Pareto Securities.<br><\/p>\n","protected":false},"excerpt":{"rendered":"<p>US-based alternative investment firm V\u00e4rde Partners has signed a sale and leaseback agreements for a very large crude carrier (VLCC) with Hong Kong\u2019s Landbridge VLCC International. The vessel in question is the 2016-built fuel-efficient tanker Landbridge Prosperity. Landbridge, a subsidiary of Chinese industrial company Landbridge Group,&nbsp;will continue to operate the 308,285 dwt ship under a &hellip;<\/p>\n","protected":false},"author":1,"featured_media":1769,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64,20],"tags":[120],"class_list":["post-1768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-maritime-news","category-news","tag-vlcc"],"_links":{"self":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/1768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/comments?post=1768"}],"version-history":[{"count":0,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/posts\/1768\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media\/1769"}],"wp:attachment":[{"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/media?parent=1768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/categories?post=1768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.al-sindbad.net\/rest\/wp\/v2\/tags?post=1768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}