The Singapore-listed company said Thursday that it had offloaded the 151,688-dwt Cape Warrior (built 1995) for $8.7m.
The Hsu Chih Chien-led shipowner expects to book a profit of $1.5m from the disposal. The ship was bought in 2012 for $6.6m.
On its reasons for the disposal Courage Marine said the deal was “attractive in the current market conditions”.
“This provides a good opportunity to generate cash which is intended for general working capital and for funding any future acquisitions when suitable opportunities arise.”
The
