AP Moeller Maersk A/S Sells 11 Tankers to Navigator Gas-Reuters

Tuesday, 20 Nov 2012 06:26am EST 

Reuters reported that AP Moeller Maersk A/S announced that it was selling 11 handysize tankers to Navigator Gas in Britain. The financial terms of the transaction were not disclosed. The Company also announced that the sale would affect approximately 300 staff and it expected all seafarers to be transferred to other vessels in its fleet or offered employment by Navigator. Navigator Gas is a United Kingdom-based private company specialized in transporting gas. 

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