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Sale and Purchase
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Latest From Sale and Purchase
Okeanis buys two suezmax newbuilds from Kyklades
Okeanis will spend almost $130m to buy the two scrubber-fitted vessels from its chief executive’s private company
Nakilat takes control of four LNG carriers
Qatari LNG outfit Nakilat has acquired full ownership of four Q-Flex liquefied natural gas carriers from joint-venture partner International Seaways for an undisclosed price
Eastern Pacific supersized its dual-fuel LNG boxship order to 22 ships
Idan Ofer’s speculative order of 15,000 teu LNG dual fuel ships was significantly bigger than initially thought. In addition to the 11 vessels already chartered to CMA CGM, a further 11 sister ships are due to be delivered between 2021-22
India plans to divest stake in state-owned shipowner
The administration of India’s prime minister Narendra Modi is hoping to use proceeds from the sale to plug budget gaps left by new corporate tax cuts
Greek tanker owners moving to LNG
Years of experience in tanker ownership and operation are common credentials of today’s liquefied natural gas carrier owners, and this certainly applies to Greece-based owners
Safe pair of hands, safe pair of offices
Among the company’s most interesting recent moves was establishment of Safe Bulkers Management in Limassol in 2015
Tomini Shipping aims to grow dry bulk fleet with three ultramax newbuildings
Tomini has a young fleet of ships aged about three years old, and the average age of the fleet is expected to be less than two years by end-2019, the chief executive said
Scorpio Tankers buys 19 product tankers from Trafigura
Trafigura buys $135m stake in Scorpio Tankers and offloads $668m loan on the vessels
India’s Petronet signs LNG deal with Tellurian
Petronet has signed the pact for up to 5m tonnes per annum of liquefied natural gas with a targeted timeline to a binding sale and purchase agreement of March 31, 2020
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