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January 22, 2020

Oman Shipping Company Signs Its 1st Ijara Contract to Finance Two Ships

Muscat-based Oman Shipping Company (OSC) has completed a USD 80 million Shariah-compliant “Ijara” transaction with Abu Dhabi Islamic Bank (ADIB).  The financing facility represents OSC’s first […]
January 22, 2020

Awilco LNG Completes Ship Duo Sale and Leaseback

Norwegian LNG shipping company Awilco LNG has closed the previously announced 10-year sale/leaseback facility with CCB Financial Leasing (CCBFL) for two of its LNG carriers. As informed, the […]