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Sale and Purchase

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

Latest From Sale and Purchase

Frontline to buy 10 suezmaxes from Trafigura

The finance deal, at Libor plus 2.3% interest, gives Frontline purchase options throughout the seven-year term

Tankers and Gas Frontline

PIL confirms disposal of feeder unit

The offloading of Pacific Direct Line was already disclosed in a Alphaliner newsletter last week

Containers Consolidation

TEN sells five vessels for $104m

TEN will post its fourth quarter of 2019 results on March 24

Tankers and Gas Sale and Purchase

PIL sells more assets to shore up liquidity

Lloyd’s List understands that the lessors will cease to be classed as owners after the deal completes, which suggests PIL will need to pay off the financers’ loans before the sale completes

Containers Sale and Purchase

Is it time to question the economics of US LNG exports?

The US Energy Information Administration said it expects monthly natural gas production to decline from last year’s record levels, as lower natural gas prices reduce incentives 

Tankers and Gas United States

Genco to sell 10 handies in fleet renewal

Genco says that the coronavirus outbreak has reduced the demand for cargoes including iron ore and coal

Dry Bulk Sale and Purchase

KPI Bridge Oil buys Glencore bunker unit

The merger will see the creation of one of the biggest players in the bunker sector

Bunkers Sale and Purchase

DP World acquires key terminal in Canada

Fraser Surrey Docks was founded in the early 1960s and has become the largest modern and multi-purpose terminal on the west coast of North America, operating some 1,200 m of berth and 189 acres of yard

Canada DP World

StealthGas acquires gas carriers in new joint-venture

The deal is the second in a year for the Greece-based company

Tankers and Gas Finance
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