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Sale and Purchase

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

Latest From Sale and Purchase

Hong Kong court sells four more Brightoil tankers

Brightoil has recouped $201.6m from the disposal of three very large crude carriers and one aframax in June, and is expected to recover another $230m-$250m from the sale of the remainder of the fleet

Asia Pacific Tankers and Gas

Navios Acquisition curbs losses for second quarter

Higher earnings at Navios Acquisition were partly offset by a $4.4m increase in interest and financing cost, and a $3.5m increase in depreciation and amortisation because of a fleet merger

Tankers and Gas Navios Group

Diamond S disposes of two 2008-built MR tankers

Update: D'Amico International Shipping of Italy also sheds product tanker from a joint venture

Tankers and Gas Sale and Purchase

Samudera sells two bulkers for $20.3m

Samudera will pump in some of the funds from the sale to fund a potential investment in a company that provides shipping services on domestic Indonesian routes

Asia Pacific Dry Bulk

Performance Shipping takes first former Maersk tanker

Two tankers to join the existing company fleet of four container vessels comprising two post-panamaxes and two panamaxes

Greece Containers

Ex-Baltic Asia head Christopher Jones joins HFW in Singapore

Mr Jones’ expertise on past and current freight rates, and ability to undertake valuation work will prove valuable, with HFW’s Singapore office handling an average of 200 to 250 ship closings a year

Singapore Law

Pacific Basin still ripe for vessel acquisitions

Hong Kong-based company operated an average of 230 smaller-sized bulkers in the first half of the year. It owns 115 vessels

Dry Bulk Sale and Purchase

Navios reverts to boxship purchase option

The Nasdaq-listed company cools on a deal to acquire a second new panamax containership this year against a background of rising revenues 

International Navios Group

Eagle Bulk targets further vessel sales

“It is strategic to modernise our fleet and keep the age down,” says Eagle Bulk’s chief executive Gary Vogel

Dry Bulk Sale and Purchase
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