Greek shipowner snaps up product tanker as asset value slide extends

Sale of World Navigator follows a similar deal by Japanese venture in April

Waterfront Shipping is led by Paul Hexter. Two of the company’s ships have been sold recently. — Waterfront Shipping is led by Paul Hexter. Two of the company’s ships have been sold recently.Photo: TradeWinds Events

Matt Coyne

TradeWinds correspondentOslo

Published 26 May 2025, 12:09Updated 27 May 2025, 06:33

NYK Mitsui OSK Lines MR tankers Sale and purchase Japan