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Sale and Purchase

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

Latest From Sale and Purchase

Diana sells two panamaxes to affiliated parties

Disposals should be seen in context of strategy to phase out older tonnage and repurchase stock ‘at a discount’

North America Europe

Ardmore sells tankers amid rising losses

The US-listed company expects a sustained upturn as a result of low fleet growth and a projected higher demand for product tankers ahead of the switch to low-sulphur fuels in 2020

Tankers and Gas Sale and Purchase

Fleet fundamentals support feedermax values

The lower cost of secondhand tonnage and rising demand means feedermax vessels could make a smart asset play

International Containers

Marinakis-Schulz venture acquires first boxships

Germany-based Capital Liberty Invest picks up two feeder vessels formerly in the Kalkavan fleet and is looking for further growth

Europe Germany

Rally was too late for 2018 box freight rates

Despite some positive numbers for freight and charter rates during 2018, box shipping enters 2019 with little positive to look back on

International Containers

Eagle Bulk signs bulker deals

The vessels that have been sold had drydocking and ballast water treatment systems due to be installed, resulting in savings for the company of $2m

Dry Bulk Sale and Purchase

Maersk sells Hamburg Süd’s bulk unit

The deal is expected to close at the end of the first quarter, subject to regulatory approval

Europe Asia Pacific

Brightoil grappling with $250m creditor claims

Creditors have launched legal proceedings against Brightoil and its subsidiaries, requesting repayment or even winding up orders

Asia Pacific Tankers and Gas

FSLT sells off ageing MR tanker

Liquidity from the sale will help improve FSLT’s risk profile while positioning the shipping trust to take advantage of an expected market recovery

Asia Pacific Singapore
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