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Sale and Purchase

Set Alert for Lloyd's List Sectors :: Sale and Purchase

Latest From Sale and Purchase

Odfjell sells share in Dalian terminal

The transaction will result in a net cash gain of $27m and an equity gain of $13m, which will be reported in the second quarter of the year results

Ports and Logistics Finance

TOP Ships takes three more contracted medium range twos from chief executive

TOP Ships has agreed a price of $18m for the scrubber-fitted vessels, to be paid in installments, but it intends to finance them prior to delivery in 2021

Europe Greece

Scorpio Bulkers says asset values now ‘at the bottom’

The company is more confident about an improving market and would like to keep its vessels in the spot market

Dry Bulk Sale and Purchase

D’Amico chief eyes sale of older tonnage

Besides sales being harder to conclude, the coronavirus is also making operations more complicated, with crew changes the most concerning, chief executive Paolo d’Amico tells Lloyd’s List

Tankers and Gas Italy

Navios Containers seals deal for four largest vessels

The transaction, which closed in March, leaves the company with ‘no significant debt maturities’ until 2023

International Navios Group

Tomini chairman finds sweet spots in the dry market

The chairman of Tomini Group has learnt during 40 years in the dry cargo business that a long-term approach and a sensitivity to the cyclical nature of shipping can, and does, pay dividends

United Arab Emirates Pakistan

Performance Shipping expects return to black

The company has shed a substantial boxship fleet in the past three years and has acquired four aframax tankers.

Europe Greece

LNG spot market continues to decline

Spot rates have dropped by as much as 10% during the past week and have lost half their value since the start of April

LNG Energy

MISC unit completes VLCC sale

While neither the buyer nor the sale price were disclosed, broker valuations peg a 15-year-old very large crude carrier at about $36m

Tankers and Gas Sale and Purchase
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