Spirit III Sale Reaps $27M

Wednesday, July 12, 2006
The TT-Line has sold the Spirit III for up to $20m more than it paid for the ship in 2003. But with cost of modification work done to make the ship suitable for Bass Strait, the TT-Line will probably only keep about $3.7m from the sale, The Mercury reported. It also has to pay its shipbroker more than $752,500 in commission. Mediterranean operator Corsica Ferries would pay $82.5m for the ship TT-Line bought for $62.2m. The identity of the buyer and the sale price had been kept confidential since a memorandum of understanding was signed last week. The axed Spirit III will sail from Sydney for Devonport for the last time on August 27. Corsica Ferries would collect the ferry from Devonport in early September. (Source: http://www.themercury.news.com.au)
Maritime Reporter February 2015 Digital Edition
FREE Maritime Reporter Subscription
Latest Maritime News    rss feeds

Ports

Harbor Police Rescues Stranded Sea Lion

Sea lions are a common sight in San Diego Bay, but a sea lion wandering a busy roadway and then ending up in the back of a patrol car is slightly rarer.   The

CaroTrans Adds New Asia-US Service

CaroTrans, a global NVOCC (non-vessel operating common carrier) and ocean freight consolidator, announced a new all-water LCL (less than container-load) import

Access to Brazil's Itajai Port to Open as Truck Protest Ends

Protesters have agreed to open access to Brazil's main poultry exporting port of Itajai in Santa Catarina state, the port said on Wednesday, ending a lingering

Ship Sales

Shipping Contributes $164bln to EU

The European Community Shipowners' Associations has released the results of a recent update of an Oxford Economics study on the economic value of the EU shipping

UAE Shipping Delegation to Meet with Greek Counterparts

A delegation of Middle East maritime heavyweights including H.E. Khamis Juma Buamim, chairman & group CEO Drydocks World and Maritime World and Rashid Mohammed Al Habsi,

Vessel Sales: February 2015

Vessel sales for February 2015  - (as of March 1) as prepared by Shipping Intelligence, Inc., New York.   Date Reported - Vessel Name - DWT - Built -  - (Age)

 
 
Maritime Careers / Shipboard Positions Maritime Security Navigation Offshore Oil Pipelines Pod Propulsion Port Authority Salvage Ship Electronics Ship Simulators
rss | archive | history | articles | privacy | terms and conditions | contributors | top maritime news | about us | copyright | maritime magazines
maritime security news | shipbuilding news | maritime industry | shipping news | maritime reporting | workboats news | ship design | maritime business

Time taken: 0.1902 sec (5 req/sec)