Rickmers Group sells business operations of Rickmers-Linie to ZEABORN

Rickmers-Linie GmbH & Cie. KG and MCC Marine Consulting & Contracting GmbH & Cie. KG, which are both fully-owned by Rickmers Holding AG, reached agreement as Sellers on February 7

RBS sells $600 million of shipping loans, Orix among buyers: sources

Royal Bank of Scotland (RBS.L) has concluded agreements to sell at least $600 million worth of shipping loans from its portfolio as part of efforts to exit the sector, sources with direct knowledge of the deal told Reuters.

Jinhui Shipping sells second supramax for $3.4m

Jinhui Shipping has sold a second supramax vessel to a Hong Kong-based firm, after an earlier sale of another...

Jinhui Shipping sells supramax for $3.4m to take book loss of $4.3m

Jinhui Shipping has sold a 16-year-old, 50,786-dwt dry bulk carrier to UAE-based Al Khalejia Aggregates FZE at a...

Norden sells four handysizes at an $18m loss

As it looks to focus on the supramax and panamax sectors Norden has sold off four handysize bulkers.The Danish ...

Frontline sells out of MR sector

John Fredriksen’s Frontline has exited owning in the MR product tanker sector with the sale of six vessels....

China VLCC sells VLCC pair for $117.5m

China VLCC has sold two secondhand VLCCs to an unrelated third party for a total price of $117.5m.The pair of ...