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Sale and Purchase

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

Latest From Sale and Purchase

Capital Product chief taking ‘opportunistic approach’

Partnership posts improved net income from continuing operations of $8.7m for the second quarter

International Greece

Navios Acquisition takes on container assets as tanker profits boom

The Navios Group tanker owner acquired seven feeder containerships, as well as receiving $8.9m in cash, following the liquidation of joint venture vehicle Navios Europe II at the end of June

International Navios Group

Performance reaps benefit of tanker switch

The company, formerly known as Diana Containerships, now owns four aframax tankers with only one remaining panamax container vessel

International Diana Shipping Inc

D’Amico chief eyes deleveraging company

Depending on market conditions going forward, it may look to exercise purchase options on previous leaseback deals, chief executive says

Tankers and Gas Europe

Pacific Basin looks to upgrade to larger handysizes

The company says it will resume its acquisitions of secondhand vessels, which had been put on hold in the first half of the year because of dismal market conditions, if it sees ‘compelling’ opportunities

International Hong Kong

Navios Partners defends ‘prudent’ dividend cut

Navios chief executive Ms Frangou said the partnership could consider restoring a larger dividend ‘if the market recovers and has a sustainable visibility of cash flow’

International Navios Group

Ardmore reports strong second quarter on volatile market

Ardmore recently rejected a takeover bid from Hafnia and said the benefits of consolidation in the medium-range market were being overplayed

Tankers and Gas Finance

Diana eyes further vessel disposals as losses widen

Proceeds from the vessel sales would be kept in reserve, used to pare down debt, or buy back shares, company executives said

Dry Bulk Greece

Seaspan adds two boxships for $146m

The US-listed owner hopes the deal will increase long-term contracted revenue by more than $150m

Seaspan Containers
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