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Maritime News
Investment Firm KKR Sells Ocean Yield to A.P. Moller Holding
The investment arm of the Maersk family, A.P. Moller Holding, is expanding its large portfolio of maritime investments, reporting it…
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Maritime News
Storied UK Shipbuilder Cammell Laird Sold in Consolidation of Sector
The famed UK shipbuilder Cammell Laird has been sold as part of an ongoing consolidation of the sector as firms…
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Port News
Vessel tracker MariTrace sold
The consolidation of vessel tracking firms continues apace with news today that the UK’s MariTrace has been acquired by French…
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Maritime News
UK Sells Decommissioned Survey Ship HMS Enterprise to Bangladesh
A decommissioned Royal Navy survey ship, HMS Enterprise, that redefined hydrographic and oceanographic operations across the globe for two decades,…
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Maritime News
Brazil Gets HMS Bulwark for a Bargain Price
The Royal Navy has sold the Albion Class amphibious assault ship HMS Bulwark (L15) to the Brazilian Navy for a…
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Maritime News
MSC Buys Moby Ferries Sold to Pay Debt to Aponte Group
The online auction for five ferries owned by Italy’s Moby Lines was completed with an odd turn of events. The…
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Port News
Storied VLCC sold below book
In the secondhand wet market, recent fixtures indicate firmer sentiment for modern tanker tonnage, but the outlook appears a bit…
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Maritime News
Tanker Damaged in North Sea Collision Sold and Reaches Turkey for Repairs
Stena Bulk confirmed today, October 24, in a brief statement that the company has sold the fire-damaged tanker Stena Immaculate,…
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Maritime News
Historic UK Red Funnel Ferries Sold to Private Equity Firm
One of the most historic names in ferry operations, the UK’s Red Funnel, which traces its origins to 1820,…
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Maritime News
Historic 1927 USCG Cutter McLane Sold for Scrap by Michigan Museum
A U.S Coast Guard cutter built in 1927 that has been part of the USS Silversides Submarine Museum exhibits…
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