Tufton

Tufton sells last boxship to exit container sector

Tufton Oceanic Assets Limited has decided to exit the container shipping sector selling its last container vessel for US$13 million.

The 2009-built and 2,546 TEU Sealand Guayaquil is being sold at approximately depreciated replacement cost, according to Tufton, which will now have a fleet of 22 vessels.

The buyer of the boxship has not yet been announced.

“This divestment together with the other divestments and investments over the previous two years demonstrate our commitments to capital...

https://container-news.com/tufton-sells-last-boxship-to-exit-container-sector/

Tufton’s Landmark Agreement To Install Anemoi’s Rotor

  • TR Lady Shipping, a portfolio company of Tufton Investment Management, has inked an agreement with Anemoi Marine Technologies.
  • The main purpose of the agreement is to install rotor sails on an 82,000DWT Kamsarmax bulker.
  • Rotor Sails, also known as ‘Flettner Rotors’, are vertical cylinders which, when driven to rotate, harness the renewable power of the wind to provide additional forward thrust.

A recent news article published in the Offshore Energy reveals that Tufton is to install Anemoi’s...

https://mfame.guru/tuftons-landmark-agreement-to-install-anemois-rotor/