Brief: Chowgule Steamships Says Units Sold 2 Handysize Bulk Carriers, Took Same Vessels Back On Bareboat Charter
02/07/2018 11:19
July 2 (Reuters) - Chowgule Steamships Ltd CHWG.BO :
* UNITS SEA KING, SEA LINK SOLD 2 HANDYSIZE BULK CARRIERS
AND
SIMULTANEOUSLY TAKEN SAME VESSELS BACK ON BAREBOAT CHARTER
* SAYS CONSEQUENT TO SALE, EXISTING DEBT OF DVB BANK HAS
BEEN
FULLY REPAID
* SAYS BAREBOAT CHARTER IS FOR A PERIOD OF FIVE YEARS WITH
'PUT'
AND 'CALL' OPTIONS
Source text - http://bit.ly/2MH0XtE
Further company coverage: CHWG.BO
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Chowgule Steamships
See all newsBrief: Chowgule Steamships Approved Disposal Of Unit Chowgule Steamships Overseas Via Voluntary Liquidation
Brief: Chowgule Steamships Appoints Vikram Deshpande As CFO
Brief: Chowgule Steamships To Divide Company in Restructuring
Brief: Chowgule Steamships Says Aditya Chowgule Steps Down As MD & CFO
Brief: Chowgule Steamships MD & CFO Mangesh Sawant To Retire