cashes
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Port News
Frontline cashes in on ageing suezmax pair
John Fredriksen-controlled tanker heavyweight Frontline has confirmed the sale of its two oldest suezmax tankers, extending a fleet renewal programme…
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Port News
Vroon cashes out of livestock shipping business
Dutch shipowner Vroon is exiting the livestock shipping sector after agreeing to sell its Livestock Express business to Australian agribusiness…
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Port News
United Maritime cashes out of offshore vessel JV
Nasdaq-listed Greek bulker owner United Maritime has agreed to sell its stake in a Norwegian joint venture developing an energy…
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Port News
DHT cashes in on oldest VLCC
Supertanker owner DHT Holdings is pushing further with its fleet renewal, agreeing to sell its oldest vessel for $51.5m. The…
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Port News
Golden Energy cashes in with second PSV sale
Golden Energy Offshore Services has pushed through another platform supply vessel sale, continuing a clear effort to strengthen its balance…
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Port News
Sinokor cashes out of boxes in $3bn pivot to VLCCs
A Korean shipping major’s decision to cash in its container chips and invest them in VLCCs is having major repercussions…
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Port News
Fredriksen’s SFL cashes in on oldest suezmaxes
John Fredriksen-backed SFL Corporation has agreed to sell two of its older suezmax tankers, continuing a selective reshuffle of its…
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Port News
Jinhui cashes in on ageing supramax as fleet overhaul rolls on
Jinhui Shipping & Transportation has sold another ageing supramax as it continues to refresh its fleet. The Oslo-listed, Hong Kong-based…
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Port News
Norden cashes in on MR tankers
Danish shipping heavyweight Norden is doubling down on its strategy of converting leased tonnage into owned assets—and then reselling them…
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Port News
Euroseas cashes in on 20-year-old post-panamax boxship
Greek containership owner Euroseas is set to lock in a strong return by selling a 20-year-old post-panamax vessel acquired less…
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