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Tagged in sale
Trafigura agrees sale of a fleet of Suezmax Tankers to Frontline
Trafigura Marine Logistics (TML), a wholly-owned subsidiary of Trafigura Pte Ltd (Trafigura), today announced that it has entered into an agreement to sell ten Suezmax tankers built in 2019 to Frontline Ltd. (Frontline) (NYSE and OSE:FRO), through …
Aug 23, 2019 / Vessels
Siem Offshore sells one of its ROV support vessels
Siem Offshore, a Norwegian shipping company, has signed an agreement for a sale of one of its multi-purpose field & ROV support vessels (MRSV).Caption: Offshore Tug/Supply Ship Siem Marlin - Image courtesy of Jan van KanSiem said on Monday that …
Aug 13, 2019 / Vessels
Solstad Offshore announces the sale of PSV Far Star
Farstad Supply AS, a wholly-owned subsidiary of Solstad Offshore ASA, has sold the PSV Far Star (built 1999). Delivery of the vessel to the new owner took place Tuesday August 6th, 2019.The sale of the vessels will have an immaterial accounting …
Aug 6, 2019 / Vessels
Boskalis and Kotug Complete Sale of Kotug Smit Towage To Boluda
Royal Boskalis Westminster N.V. (Boskalis), together with its co-shareholder Kotug International B.V. (Kotug), have completed the sale of Kotug Smit Towage to Boluda Group (Boluda). The intended sale was announced on 4 March 2019. In line with the …
Aug 1, 2019 / Vessels
Tomini Shipping announces the sale of two Supramax bulk vessels
Tomini Shipping, a global shipping company specializing in the ownership of dry bulk vessels, has signed a Memorandum of Agreement to sell to unaffiliated third parties. Caption: Bulk carrier Tomini Victory - Image courtesy of F.YBANCOSThe 2012 …
Jul 29, 2019 / Vessels
Diana Shipping Announces the Sale of a Panamax Dry Bulk Vessel mv Nirefs
Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third …
Jul 26, 2019 / Vessels
Maersk Drilling completes sale of jack-up Mærsk Giant
Maersk Drilling has completed the sale of jack-up rig Giant (formerly named Mærsk Giant) to the LOTOS Petrobaltic Group.The new owners will use the rig for drilling solely in the Baltic Sea, for jobs involving the LOTOS Petrobaltic Group and other …
Jun 21, 2019 / Vessels
Frontline Announces Acquisition of VLCC Resale and Two LR2 Newbuildings
Frontline Ltd. (Frontline) (NYSE:FRO) announced yesterday that it has acquired a scrubber-equipped VLCC resale under construction at Hyundai Samho Heavy Industries (HSHI) expected to be delivered in May 2020 and has ordered two LR2 newbuildings from …
Jun 20, 2019 / Curious
Diana Shipping Inc. Announces the Sale of a Panamax Dry Bulk Vessel, the mv Thetis
Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third …
Jun 14, 2019 / Vessels
Maersk Product Tankers completes sale and leaseback agreement
Maersk Product Tankers has entered a sale and leaseback agreement for four MR vessels built in 2015 and 2016 with the Industrial and Commercial Bank of China (ICBC).“The agreement will increase financial flexibility and strengthen the financial …
May 17, 2019 / Vessels