Recent Ship Sales Announced

Tuesday, August 31, 1999
Secondhand tonnage brokers reported the sale of the following vessels. Type Name Built DWT Price ($M) Tanker Serena Sky 1976 154,934 $3.75 Tanker Serena Star 1977 154,934 3.75 Tanker TN Emerald 1982 45,306 $2.15 Bulker Alpha Centauri 1985 179,836 11.3 Bulker Azalea Sea 1990 52,580 7.2 Bulker Libra Australia 1994 24,444 15 Combination Carrier Peregrine X 1983 135,160 5.5 Tanker Ancora 1974 238,066 $127.5/ldt Tweendecker Fontana 1978 14,967 $111.5/ldt Bulker Dalaki 1969 29,156 $124/ldt
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Ship Sales

China Shipping Line to Buy 10 Vessels

China Shipping Container Lines Co is planning to buy around 10 ultralarge container ships for around $1.5 billion, despite the shipping industry struggles with a capacity glut, reports WSJ.

CMES Establishes Subsidiary for Valemax

China Merchants Energy Shipping Co., Ltd (CMES), the dry and wet bulk arm of state conglomerate China Merchants Holdings (International) Company Limited, has set

Russian JV Close Acquisition of Prime Shipping

The Russian Joint Venture between Rosneft, Sberbank Investments and Pietro Barbaro S.p.A. closed the acquisition of the Pietro Barbaro Group shipping assets

 
 
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