Norwegian dry bulk owner Wilson has sold the 30-year-old bulker Wilson Riga to an unspecified Albanian company for its book value, $520,000. The ship was facing an imminent dry docking and Wilson decided the expense involved was not worth it given the ship’s age.
to an unspecified Albanian company for its book value, $520,000. The ship was facing an imminent dry docking and Wilson decided the expense involved was not worth it given the ship’s age.Wilson now operates a fleet of 113 ships of which 80 are owned.
This is the fifth time in 11 months that Wilson has got rid of an elderly ship facing a drydocking.
