Norway’s NRP Project Finance has wrapped up the sales of two older ships for healthy returns.
The company, part of Ness, Risan & Partners, said its ownership vehicle Kuo DIS has offloaded the 1,471-teu feeder container ship Kuo Lung (built 1998), which was acquired in 2012 together with four sisters.
The sale of Kuo Lung concludes this project, having generated an internal return of 14%, NRP said.
