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C&I Leasing seals deal to increase shipping fleet | | MMS PLUS WEEKLY NG

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C&I Leasing seals deal to increase shipping fleetC&I Leasing Plc has sealed an agreement with the officials of Damen Shipyard and Export Credit Agency for the Netherlands, Atradius DSB. Chief Financial Officer, C&I Leasing Plc, Alex Mbakogu, who confirmed this in a statement, said the agency would guarantee a facility to fund the construction and purchase of two new tug boats and a pilot boat from DAME shipyard Netherlands.

The boats are to execute 10 and five-year contracts signed by C&I Leasing Plc with the Nigerian LNG.C & I Marine is a division of C&I Leasing Plc, which is a duly certified marine entity with licenses to operate in the maritime sub-section of the Nigerian oil and gas industry. It possesses 18 owned vessels, three chartered and five managed vessels in her fleet.

According to Mbakogu, the company has over 15 years experience in marine offshore & onshore projects, with a client list that includes Chevron, Shell, NPDC, NLNG, Agip and ExxonMobil.

The company had recently commissioned another vessel- MV…



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