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    Havila Shipping in sale and lease back deal

    Vessel & ROV News // December 6, 2007

    Havila Shipping, through its subsidiary Havila Ships, has entered into an agreement with Havila Ariel, for the sale and leaseback of the AHTS vessels Havila Mars and Havila Mercury. The price per vessel is NOK 476 million, based on valuation from three independent shipbrokers.

    The agreement is for eight years, with a purchase option after the fifth and eight year.

    The agreed rate for the bareboat hire is approximately NOK 150,000 per day for each of the vessels during the first five years. 


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