Does a Shipowner Have to Sell Its Ship in Order to Mitigate Its Loss? Supreme Court Says No!

In our client alert Does a shipowner have to sell its ship in order to mitigate its loss? in November 2016,...

Yildirim to Sell CMA CGM Stake as Plans to Buy Ports America

Yildirim Holding AS is seeking buyers for its stake in the world’s third-biggest container shipper as the...

NordLB drops plans to sell shipping loans to KKR

German lender NordLB [NDLG.DE] has abandoned efforts to sell a 1.3 billion euro ($1.5 billion) portfolio of...

Dayang to sell at least 25% of Perdana Petroleum stake to keep listing status

Dayang Enterprise, which currently owns more than 98% equity in Perdana Petroleum and is keen to maintain the...

MISC to sell logistics business for $88m

Malaysian national shipowner MISC is jettisoning its logistics business which contributes only about 4% to revenue...

Navios Acquisition to sell two chemical tankers for $74.6m

Navios Maritime Acquisition Corporation has agreed to sell two chemical tankers for $74.6m to an unnamed...

Former exec suggests NOL should sell terminals to PSA

Former deputy CEO of Neptune Orient Lines (NOL) Lim How Teck has thrown a spanner into the works today,...