Fugro concludes sale and lease back of two vessels

Fugro has entered into a sale and lease back agreement regarding its geotechnical vessels Fugro Scout and Fugro Voyager.
The agreement has been established with ICON Investments for an initial lease term of 5 years. The lease back agreement allows for extension options, at the discretion of ICON, for a total term of 12 years.
The sale and lease back of the Fugro Scout took place on 24 December 2015 with the Fugro Voyager following two weeks later on 8 January 2016. ….