Thoresen Thai Agencies Public Company Limited announced yesterday the sale of M.V. Thor Horizon, a general cargo vessel with a rated capacity of 47,111dwt, built in 2002.

Thoresen Thai Agencies announces the sale of mv Thor Horizon
Caption: Bulk carrier Thor Horizon - Image courtesy of Docker 9

The Vessel was sold to a company which is not a connected person of the Company by Thoresen Shipping Singapore Pte. Ltd. (“TSS”), a wholly owned subsidiary of the Company.

The ship was sold at a price of USD 5,384,391.61.

After the sale of M.V. Thor Horizon, the Thoresen fleet will consist of 21 vessels with an average size of 53,491 DWT and an average age of 12.0 years.

Source: Thoresen Thai Agencies