Topic
vessel sale
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.