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Sale and Purchase

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

Latest From Sale and Purchase

DSME looks to compete with Chinese rivals on technical expertise

South Korean yards being challenged by Chinese builders backed by government financing

Asia Pacific South Korea

Navios Maritime Containers buys boxship pair for $20m

Vessels to bring in about $1.5m in earnings before interest, taxes, depreciation and amortisation over next 12 months

Europe Greece

Samsung Heavy Industries wins $226m order for an LNG FSRU

The order, for a vessel of 170,000 cu m capacity, was won from a consortium of Marubeni, Sojitz, and Pertamina

Asia Pacific South Korea

Thoresen Shipping confirms $14m supramax purchase from Songa Bulk

The 2009-built, 58,700 dwt Songa Marlin is renamed as Thor Courage

Asia Pacific Thailand

Scorpio Bulkers secures $85m loan for Golden Ocean ultramax purchases

Borrowed money to finance up to 60% of purchase price of six bulkers

Europe Monaco

Robert Bugbee sells 10% of his Scorpio Tankers shares

Sale coincides with the partial vesting of restricted shares awarded to Mr Bugbee in the 2013 incentive plan

Europe North America

The increasing cost of capital hurts shipowners' bottom line

Lack of bank debt and higher cost for mezzanine debt will squeeze shareholders’ returns

International Finance

Golden Ocean to buy two capesize bulk carriers for $86m

Vessels to be purchased from controlling stakeholder John Fredriksen-owned Hemen Holding

Europe Norway

Diana Shipping scraps 13-year-old panamax bulker after hull damage

Greek owner seeks insured value of $14m

Europe Greece
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