Torvald Klaveness has sold a pair of boxships, cashing in on a rising values.
In an off market deal, the Norwegian company has sold the 1,700-teu boxship Baro and the 3,091-teu Barry (both built 2004), likely for some $10m each, market sources said.
Torvald Klaveness chief executive Lasse Kristoffersen confirmed the sale of the two oldest containerships in the company's fleet, but he declined to comment on the price.
