AmericasContainers
Lomar Shipping exits container shipping
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Libra Group subsidiary Lomar Shipping has sold its last containership. Lomar has sold more than 90 boxships this decade. The company is looking to focus on innovation and sustainability, while still having some shipowner exposure via its fleet of dry bulk ships and tankers, which number around 30 vessels today.
“Lomar’s exit from the container sector was part of a decade-long strategic asset play,” said Lomar Shipping CEO Nicholas Georgiou, interviewed by Reuters at Posidonia in Athens.
Libra, which is controlled by the Logothetis family, has 20 subsidiaries and is active in maritime, aerospace, renewable energy, real estate, hospitality, and diversified industries.