Log-In continues restructuring

News

Log-In has completed the sales of two 80,000dwt bulk ore carriers

Brazilian multimodal operator Log-In Intermodal Logistics has concluded the sale of the vessels LOG-IN TAMBAQUI and LOG-IN TUCUNARÉ to Hidrovias do Brasil. The deal was originally announced on 16th September With the sale, Hidrovias do Brasil assumes the transportation contract for Alunorte – Alumina do Norte do Brasil.

The buyer has assumed the debt on the vessels with the National Bank for Economic and Social Development (BNDES).

Log-In states that the proceeds from the sale will be used to improve liquidity and thus facilitate alternative plans to meet its medium and long-term obligations.

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Log-In continues restructuring ‣ WorldCargo News

Log-In continues restructuring

News

Log-In has completed the sales of two 80,000dwt bulk ore carriers

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