Green Reefers Sells Ship

Monday, March 06, 2006

Green Reefers has concluded sale of the M/V Green Igloo for $2.1 mill. The vessel is 73,000 cu. ft. and built in 1983. Delivery to new owners will take place during April 2006. The transaction generates a profit of about $1 mill and generates free cash of about $800,000. In 2005 Green Reefers expanded its fleet with a total of nine vessels, whereof seven vessels have been purchased by the company.

Escort Tugs in San Francisco Bay

Subchapter M Looms Operators and Suppliers Respond

Transportation Secretary Honors SUNY Maritime President

Harkand Set to Acquire Veolia Marine Services

Wärtsilä BWTS Receives IMO Final Approval

Ship Sales

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Coast Guard

Coast Guard World War Memorial Restored and Rededicated

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