Bermuda-based SFL has agreed to sell its seven handysize dry bulk vessels to an undisclosed Asian buyer for around $100m.
These ships, which have a cargo capacity of between 32,000 and 34,000 dwt, are anticipated to be handed over to their new owner before the end of the year.
SFL expects more than $50m in net cash proceeds from the deal, after associated debt is repaid, as well as more than $40m in aggregate book gains.
The firm also noted that the sale will not affect the charter backlog and...
https://www.ship-technology.com/deals/sfl-sell-seven-handysize-dry-bulk-ships/