Norway’s Nyhill exits shipowning

Bergen-based Champion Tankers, a chemical tanker specialist with eight medium-range tankers, has sealed a deal with another local tanker operator, Nyhill Shipping, acquiring the company’s last two vessels.

Sales records indicate that the 14-year-old, 50,000-dwt tankers, NH Siri and NH Erle, were sold for $44m. Both vessels were built at Hyundai Mipo.

This transaction marks Nyhill Shipping’s exit from the shipping industry. The company, owned by Trond Mohn, a prominent businessman in Bergen, has now divested its final assets in the sector.

“The ownership of these ships has been a great journey. But with all the construction projects and the purchase of advanced medical-technical equipment, the funds will come in handy,” Mohn, a well-known philanthropist, told Finansavisen.