Maersk Tankers sells entire Handygas fleet

Maersk Tankers sells the shipping company’s 11 Handygas ships to Navigator Gas, owned by Wilbur Ross, which means the shipping company has completely divested itself of the Handygas segment. This allows the company to focus on fewer segments, while releasing capital for future investments, says Maersk Tankers.

Navigator Gas has acquired Maersk Tankers’ Handygas fleet of 11 ships. The sale simplifies the business and releases capital for future investments, according to Maersk Tankers.

“Navigator Gas came to us with a splendid business proposal, which supports our goal of simplifying the business, while releasing capital for future investments. Navigator Gas is a renowned and experienced market player, and I’m convinced that they will supply the same first-rate services to our customers that we did,” says Maersk Tankers CEO Hanne B. Sørensen.

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