Fujian Highton seals four-ship sale and leaseback

Chinese bulker owner and operator Fujian Highton Development has struck a sale and leaseback deal for four recently-purchased vessels. The fast-growing Shanghai-listed company is selling a pair kamsarmax and panamax bulkers each to compatriot lessor Xiamen Xiangyu Financial Leasing for $59.2m. The vessels are the 2013-built 81,800 dwt AM Krakow and AM Buchanan and 2013- …

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