Grindrod sell three tankers, reduces debt
By Edward West
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CAPE TOWN - GRINDROD Shipping Holdings, which provides dry bulk and product tanker shipping services, has sold three tankers, Leopard Moon, Leopard Sun and Breede, a statement said yesterday.
The company contracted to sell the 2013-built medium-range tankers Leopard Moon and Leopard Sun for $21.4 million (about R315m) each on March 11, and the vessels were expected to be delivered to their new owners by April 30.
The 2009-built small tanker Breede was being sold for $6.8m in a separate deal, and it was expected to be delivered to new owners by April 30.
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