News in brief

Friday 5 September 2008

Exmar ship fetches $49.5m

EXMAR has sold the 25,000 cu m Carli Bay for $49.5m to ABG Sundal Collier, writes Helen Hill in Amsterdam.

Built in 1998, the fully-refrigerated LPG/NH3 vessel will be delivered to the new owners in October, following drydocking in Europe.

The Belgian firm will realise a capital gain of about $20m and generate a cash su...

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