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Sale and Purchase

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

Latest From Sale and Purchase

PSA sells 20% stake in Thai terminal operator

Eastern Sea Laem Chabang Terminal Co handled around 2m teu, amounting to about 20% of the total processed through Laem Chabang deepsea port, according to JWD

Singapore Thailand

Private equity fund makes containership killing

High price paid is a further sign that in the scramble for tonnage, container lines are prepared to pay whatever it takes to secure capacity as charter rates surpass $100,000 per day

Containers Sale and Purchase

Taylor Maritime placing oversubscribed

More than 65m new shares issued at $1.15 per share, which will enable Taylor to press on with expansion plans

London United Kingdom

Panamax values surge as carriers seek any tonnage that floats

The former workhorse of the container sector has fallen from grace in recent years. But the frantic container shipping sector is giving panamaxes one last hurrah before they head to the beaches

International Mediterranean Shipping Co

Handysize owner Taylor Maritime to raise $75m to expand fleet

Second issuing coincides with rates for the smaller bulk carrier sector soaring to the highest since September 2008

International Dry Bulk

Purus Marine eyes 100-vessel fleet after SOV purchase

The maritime holding company focusing on assets with a better environmental performance has recently bought a large offshore wind service operation vessel that it will charter out next year

International Energy

China Merchants sells bulkers to boxship owners

Chinese company says the sale is part of its plan to retire non eco-designed tonnage given the impending stricter emission rules

Asia Pacific Containers

Danaos agrees $260m deal for six widebeam containerships

All the vessels were built in 2014-2015 and are currently on charter to Maersk and Ocean Network Express with an average remaining charter duration of about two years

Greece Danaos

Klaveness sells boxship quartet for three times 2019 value

Second-hand market for containerships continues to rise as charter rates for feeder tonnage surge 15% in a week

International Containers
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