Sale
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Maritime News
Edda Wind Closes Fleet Sale as Investment Funds Drive Sector Consolidation
Edda Wind, which had been launched as an early service provider dedicated to the emerging offshore wind sector, has officially…
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Maritime News
Report: China Merchants Joins Talks for Sale of CK Hutchinson’s Port Ops
China Merchants Group has reportedly entered into the negotiations in an effort to advance the stalled talks regarding the sale…
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Port News
Navigator lines up $183m exit from Unigas pool with eight-ship sale
New York-listed Navigator Holdings has moved to streamline its fleet, signing a non-binding letter of intent to sell eight gas…
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Maritime News
Alaska Seeks Interested Buyer to Save 63-Year Old Historic Ferry
Faced with the challenges of a mounting budget shortfall and an aging fleet, the Alaska Marine Highway System, operated by…
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Maritime News
China Merchants Is the Latest to Withdraw from China’s Cruise Market
China Merchants, one of the country’s largest industrial companies and heavily involved in the maritime sector, has abandoned its efforts…
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Port News
BW trims Navigator Gas stake in $140m share sale
Singapore’s BW Group has sold down more than half of its stake in New York-listed gas carrier owner Navigator Gas,…
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Port News
Performance Shipping seals sale and leaseback for LR1 newbuild
Nasdaq-listed tanker owner Performance Shipping has secured a sale and leaseback deal for its LR1 newbuilding currently under construction in…
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Maritime News
U.S. Issues 30-Day License for Delivery and Sale of Russian Oil at Sea
The U.S. Treasury Department late on Thursday, March 12, announced it was issuing a general license authorizing the delivery and…
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Port News
Golden Energy seals $28m PSV sale
Norwegian offshore vessel owner Golden Energy Offshore Services (GEOS) has offloaded another one of its platform supply vessels. The company…
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Port News
Jinhui continues fleet renewal with $23.5m ultramax sale
Oslo-listed dry bulk owner Jinhui Shipping and Transportation has agreed to sell one of its ultramax bulk carriers as it…
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