Some noteworthy transactions this week
- Genco selling an older Supramax
- Torm selling an MR2 tanker
- Frontline selling a Suezmax
- MPC acquiring three second-hand container vessels (sub-Panamax)
- Navios Partners (NMM) placing a 2 option 2 container vessel order
With the Marine Money event in New York this week, will the pitch be - there are opportunities in shipping. Besides the financial institutions, there are funding and/or fleet management entities in the sponsorship ranks e.g. Energos (Apollo funds backed), Tufton, etc