Topic
vessel sale
Logistics Four-Year-Old Capesize Fetches $78m in Rare Doun Kisen Sale
Doun Kisen has sold the 2022-built capesize bulk carrier Princess Eternity for around $78m, marking its first capesize sale in a year. The deal comes as average capesize spot earnings jumped just under 40% week on week to about $46,000 per day, according to Splash247.
Logistics CMB.TECH Locks In $57m Gain on Two-Year-Old Suezmax in Q4 Delivery
CMB.TECH has sold the 2024-built suezmax Bristol, locking in a gain of about $56.9m, according to Splash247. The sale is part of a 2026 tanker disposal programme that has generated around $620m in announced gains. Proceeds will be used to repay debt and fund shareholder distributions.
Logistics Eidesvik and Reach agree sale of jointly-owned IMR vessel Viking Reach
Eidesvik Offshore and Reach Subsea have signed a memorandum of understanding to sell the jointly owned IMR vessel Viking Reach to an unnamed client, with completion expected in early Q4 2026. Eidesvik expects a gain of approximately NOK 80m ($8.4m), while Reach expects to book around NOK 30m ($3.15m) from the sale of the onboard work-class ROV.
Logistics Zodiac Maritime lands record price in first capesize sale of the year
According to Splash247, Zodiac Maritime completed its first capesize sale of the year, selling the scrubber-fitted 180,300 dwt Cape Condor for a record $39m. The price far exceeds VesselsValue's $33.73m valuation and Star Asia's ~$35m quote, underscoring aggressive buyer demand for Japanese-built vintage tonnage.
Logistics Costamare Bulkers Offloads Oldest Ship as Fleet Renewal Drive Continues
Costamare Bulkers has agreed to sell its oldest vessel, the 2009-built supramax Bermondi, for around $15.3m, according to Splash247. The disposal will leave the company with 29 owned bulkers totalling just over 2.6m dwt. It follows the earlier sale of two other vessels and the addition of a 2018-built ultramax as part of a fleet renewal drive.
Logistics Wagenborg exits roro sector with Wallenius SOL sale of ice-class duo
Royal Wagenborg is leaving the pure roro sector, selling ice-class sister vessels Bothniaborg and Balticborg to Wallenius SOL. The deal transfers a long-term contract of affreightment with Smurfit Westrock covering kraftliner cargo from Piteå, Sweden. Wallenius SOL will continue the service before integrating it into its wider northern European network.
Logistics Exmar Sells Five LPG Carriers in $35M Profit Deal, Reduces Tonnage Amid Newbuilding Program
Belgian gas shipowner Exmar has agreed to sell five LPG carriers, including three midsize and two fully pressurised vessels, in a deal expected to generate a $35 million profit. The sale reduces Exmar's active capacity as the company takes delivery of new ammonia dual-fuel midsize gas carriers, impacting global LPG shipping supply.
Logistics Hayfin Sells 11-Vessel AHTS Fleet to New Maritime Investment-Backed Company
Hayfin Capital Management has agreed to sell an 11-vessel AHTS fleet managed by United Offshore Support to a newly established company backed by leading maritime investors. Two vessels have already been transferred, with the remainder to follow. Separately, Capital Offshore has completed its acquisition of 50% of UOS from Hayfin, forming UOS Capital.
Logistics Seacor Marine’s Largest Shareholder Demands Fleet Sale Worth More Than $1 Billion
Seacor Marine’s biggest shareholder, Pointillist Family Office, has sent a letter to the board demanding a sale of the company or its fleet, valued at over $1 billion. The shareholder argues the current $181 million market capitalization severely undervalues the high-specification fleet, and recommends an outright corporate sale or structured asset monetization.
Logistics Greek Capesize Owner NGM Flips Vintage Bulker for $17.4M in Firm Market
Greek capesize owner NGM sold the 2003-built vessel Charm to Chinese interests for around $17.4 million, more than $7 million above its purchase price in 2020. The sale is part of an accelerating shake-out of Greek capesize owners cashing in on historically firm asset values. Several other vintage capesize bulkers have changed hands recently.
Logistics Lohmann Sells Final Feeder Ships to Lila Global
Hermann Lohmann Bereederung has sold its last two container vessels, Marina L and Theodor, to Lila Global, marking its exit from container shipping. The vessels are currently chartered to CMA CGM and X-Press Feeders.