Connecticut’s Ridgebury Tankers has sold an MR product carrier, extending its selling spree amid rising prices in the sale-and-purchase market.
After several shipbroking houses reported that the Westport-based shipowner had sold the 50,000-dwt Ridgebury Voyager (built 2008), chief executive Robert Burke told TradeWinds that it sold for $19.2m.
He said that as a management company that runs funds for several private equity clients, Ridgebury sometimes sells assets to “derisk” investments.
