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Working Conditions Aboard the Chem-Saiph

IMO: 9731781

Chemical Oil Products Tanker, Portugal

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Chem-Saiph - Chemical Oil Products Tanker vessel registered in Portugal

Vessel Details

MMSI

255900000

Callsign

CQXC

Width

25.0 m

Length

160.0 m

Reviews (1)

Wayne

2024-01-15

Position: Steward

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Latest News (1)

Navig8 Chemical Tankers Secures Sale and Leaseback Deal for Two Stainless Steel Tankers

Jun 04, 2017 23:09

Navig8 Chemical Tankers Inc., a prominent player in the global chemical transportation sector, has made headlines by finalizing sale and leaseback agreements with CMB Financial Leasing Co. Ltd. for two of its 25,000 DWT Stainless Steel Chemical Tankers, specifically the Navig8 Saiph and Navig8 Sceptrum. This strategic financial maneuver is projected to yield net proceeds amounting to $66,849,440. The company plans to utilize a portion of these funds to settle existing loans that financed the newbuilding contracts of the vessels, as previously detailed in their bank loan facility announcement on November 3, 2016. This move underscores Navig8's commitment to enhancing its operational efficiency and financial stability in the dynamic maritime industry.

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