NewLead Holdings Closes Container Vessel Sale

Saturday, January 23, 2010

NewLead Holdings Ltd. (NASDAQ:NEWL) announced that the MSC Seine, a 1990-built 2,917 TEU Container vessel, was delivered to her new owner, January 20, 2010. As previously announced, the gross proceeds from sale will be used to reduce debt and add flexibility to the balance sheet.
 

Categories: Container Ships

Related Stories

Consilium Safety Group Appoints New Chairman of the Board

Oil Supply to Outpace Demand in Medium-Term

Osbit Opens New Offshore Wind Facility in Port of Blyth

Current News

Consilium Safety Group Appoints New Chairman of the Board

AAL Shipping Unveils Sixth Heavy Lift Super B-Class Vessel

MDL Leases Land for Peterhead Offshore Project Support Site

Oil Supply to Outpace Demand in Medium-Term

Subscribe for Maritime Logistics Professional E‑News