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Ship Finance International Buys Four 14,000 TEU Boxships

May 31, 2018

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The eco-design boxships are set for delivery in the near term, the company said, adding that the purchase price remains confidential.

The time-charters to an Asia-based container line run until 2024, with options to extend the charters by 18 additional months.

“Our fixed-rate charter backlog will increase by nearly USD 450 million and the EBITDA contribution from these new vessels is estimated to approximately USD 60 million per year,” SFL said.

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