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Wednesday, September 28, 2016

Chiquita Sells 12 Ships for $227m

May 2, 2007

Banana producer Chiquita Brands International (CQB) will sell 12 refrigerated cargo ships for $227mto an alliance of Eastwind Maritime Inc. and NYKLauritzenCool AB. The deal will allow Chiquita to lease back 11 of the ships for at least 7 years, with an option for 5 more years and the other ship for 3 years with an option for 2 more years. The sale includes eight reefer ships and four container ships. Source: Reuters


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