[ad_1]
Singapore-based Grindrod Transport is exiting the tanker sector and stays solely centered on dry bulk following the sale of the 2016-built MR2 product tanker,
Matuku, for $30m.
The Nasdaq and Johannesburg-listed agency mentioned it exercised the acquisition choice on the vessel below its current lease financing association for $25.4m after the expiration of the bareboat constitution below which the vessel operated. Supply to new house owners is deliberate for on or about June 1, 2022.
As well as, Grindrod Transport exercised the acquisition choice on the chartered-in 2015-built supramax bulk service, IVS Pinehurst, for an quantity of $18m, with supply set for June 18, 2022. The vessel will stay chartered-in at its unique contract price till supply.
Moreover, the corporate struck a deal to increase the long-term constitution on the 2014-built supramax bulker, IVS Crimson Creek, for a interval of 11 to 13 months at a internet charter-in price of $26,276 per day commencing on Might 1, 2022.
Grindrod Transport owns and operates a diversified fleet of owned and long-term and short-term chartered-in drybulk vessels. The drybulk enterprise, which operates below the model Island View Transport (IVS), features a core fleet of 15 handysize and 16 supramax/ultramax drybulk carriers. London-listed shipowner Taylor Maritime Investments just lately took a number one stake of twenty-two.6% within the firm.
[ad_2]
Source link