IN BRIEF: Tufton Oceanic Assets sells another containership
Tufton Oceanic Assets Ltd - Guernsey, UK-based investment company focused on second-hand commercial vessels - Sells containership Vicuna for USD18.0 million, having bought it in October 2019 for USD8.8 million. The realised net internal rate of return will be 46%, and realised net multiple on invested capital will be 2.3 times, Tufton says. This is the company's tenth divestment. Read More