Catchword: sale and manage back
Part of Speech:
n. The part of speech reflects that used in the
full entry, and not necessarily the part of speech as it is used in the quotation below.
Quotation: Vard, Kloster’s parent, is planning a wholesale sell-off of assets to tackle its mountain of debt. What is more saignificant [sic] is that Kloster will keep operational management of the ship for a two-year period, which may well be extended if things go well. A sort of “sale and manage back’ arrangement into which some industry majors might be tempted for their older tonnage.
Article or Document Title:
“One ship line”
Article, Document, Publication, Web Site:
Lloyd’s List
Publishing Location:
U.K.
Date of Publication:
Apr. 29, 1994
Page Number:
5