Marine Link
Thursday, December 14, 2017

Exmar USD 23mln Richer After Excel Sale

October 9, 2017

Image: Exmar Shipmanagement NV

Image: Exmar Shipmanagement NV

The Belgian gas tanker company Exmar has sold its liquefied natural gas (LNG) tanker Excel for $ 23 million.
 
"Exmar is pleased to announce the sale of the LNG carrier Excel (138,107 m³). The 2003 built Excel has been delivered to its new owners on 6th of October 2017," said a press statement from the company.
 
The net cash proceeds realized by Exmar  for its 50% share in the joint venture will be approximately USD 23 million, it added.
 
Exmar Shipmanagement NV provides management services for a range of ships such as gas carriers, oil tankers, bulk carriers, container vessels, and floating units. 
 
The Company also offers additional services including procurement services, technical and marine consultancy and assistance, sale and purchase inspection, and plan approval services.
 
Maritime Reporter Magazine Cover Dec 2017 - The Great Ships of 2017

Maritime Reporter and Engineering News’ first edition was published in New York City in 1883 and became our flagship publication in 1939. It is the world’s largest audited circulation magazine serving the global maritime industry, delivering more insightful editorial and news to more industry decision makers than any other source.

Subscribe
Maritime Reporter E-News subscription

Maritime Reporter E-News is the subsea industry's largest circulation and most authoritative ENews Service, delivered to your Email three times per week

Subscribe for Maritime Reporter E-News