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SPM plots expansion after selling anchor-handlers and tanker to Japanese lessors

SPM plots expansion after selling anchor-handlers and tanker to Japanese lessors

TradeWinds
SPM plots expansion after selling anchor-handlers and tanker to Japanese lessors

Dubai’s SPM Shipping is raising funds for expansion through a series of sale and leaseback deals for its offshore and tanker fleet.

The company has confirmed broker reports of four disposals this year, following a series of transactions in 2024.

SPM, formed by vessel recycling cash buyer Best Oasis in 2022, has sold a trio of large anchor-handling tug supply units and an MR tanker so far this year.

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