Ship Sale

L to R: Samantha Ranatunga, Chairman, HVA Foods PLC; Jan Müggenburg, Chief Executive Officer, Müggenburg Group; Graham Stork, Chief Executive Officer, HVA Foods PLC; Sarva Ameresekere, Group Chairman, George Steuart & Co. Ltd.

Jan 13, 2010 (LBO) – Sri Lanka's Mercantile Shipping Company is selling one of it ships, merchant vessel 'Safmarine Soyo', the firm said in a stock exchange filing. The vessels were ordered from Bodewes Ship Yard in the Netherlands by Mercantile Emerald Shipping (Pvt) Ltd, a fully owned subsidiary of Mercantile Shipping Co.

The firm has been re-fleeting with new ships. In December the firm said it had taken delivery of the second of two ships built by a Dutch yard.

The two vessels named Mercs Uva and Mercs Uhana are chartered internationally as the firm has ceased operations in Sri Lankan waters.

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