Maritime news
Monitor breaking maritime news and insights for profitable, efficient and safe shipping.
Tagged in Iris Glory
Avance Gas agrees $60 million sale of 2008 built VLGC Iris Glory
Avance Gas Holding Ltd. (Avance Gas) (OSE: AGAS) has announced that Avance Gas has entered into an agreement to sell the Very Large Gas Carrier (VLGC), Iris Glory, built 2008, for a cash consideration of $60 million. The vessel is currently …
Jul 6, 2023 / Curious
Avance Gas Holding Ltd – Sale leaseback transaction of the VLGC Iris Glory successfully executed
Avance Gas Holding Ltd (AGAS) has announced the successful completion of the $41.65 million sale and leaseback transaction with a Japanese lessor previously announced in October 2021. The financing has a 9-year tenor with an implied 22-year age …
Dec 23, 2021 / Vessels
Avance Gas Holding signed a term sheet for the refinancing of the VLGC Iris Glory
Avance Gas Holding Ltd announced on Monday (Oct11) that the company has signed a term sheet for the refinancing of the VLGC Iris Glory (2008) by way of a sale leaseback transaction with a Japanese lessor. Caption: LPG tanker Iris Glory - Image …
Oct 12, 2021 / Finance