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Marco Polo Marine disposes 8 vessels on a sale-and-leaseback arrangement for $8.8m

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Marco Polo Marine, the integrated marine logistic group, says wholly-owned subsidiary, Marco Polo Shipping Co., has entered into several agreements to dispose another eight Singapore-flagged vessels (tugs and barges) on a sale-and-leaseback arrangement with a related party for $8.8 million.

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