VETERAN MP Jann Stuckey has sold her Currumbin Waters home.VETERAN MP Jann Stuckey has sold her Currumbin Waters home after it was passed in at auction last month. The sprawling acreage property was the first home Mrs Stuckey and her husband Richard bought in Queensland after moving from Adelaide in 1987. More from news02:37International architect Desmond Brooks selling luxury beach villa16 hours ago02:37Gold Coast property: Sovereign Islands mega mansion hits market with $16m price tag2 days agoThe Stuckey family residence has sold. Plenty of space here.No word on what the 5785sq m “coastal rural oasis” fetched, but it’s sure to be a lot more than the $223,000 she paid for it in the 80s.The Stuckeys settled on a $3.1 million four-bedroom beachfront home in Bilinga in March. Agents Nils Turner and Renee Pannekoek of Coast Creek & Country Realty — Currumbin Waters had listed the home as a “lifestyle opportunity”.The property has six bedrooms split into two houses, four in the main home and two in a separate two bedroom residence.There is also a full size tennis court, inground pool, cathedral ceilings, floor to ceiling glass, cedar French doors and windows, and the home backs onto a pony club.
Greek shipowner Performance Shipping has signed a memorandum of agreement (MOA) to dispose of Rotterdam, a 2008-built Post-Panamax containership.The 6,494 TEU vessel would be sold to an unaffiliated third party for USD 18.5 million before commissions.Although Performance Shipping has not disclosed the buyer of the ship, VesselsValue’s data shows that the company in question is Greece-based Chartworld Shipping.The Marshall Islands-flagged boxship is scheduled to be delivered to its new owner by May 15, 2020.“The sale of one of the two remaining containerships in our fleet will increase our cash position to around USD 46 million,” Andreas Michalopoulos, the company’s Deputy Chief Executive Officer, Chief Financial Officer and Treasurer, commented.“This cash amount, together with the low leveraged assets, provides a total valuation well in excess of our current stock market capitalization. We are confident that this discrepancy will soon be either greatly reduced or disappear entirely as we steadily increase our presence in the Aframax tanker market.”Upon completion of the aforementioned sale, Performance Shipping’s fleet will consist of one Panamax container vessel and two Aframax tankers. The company also expects to take delivery of one Aframax tanker by the end of January 2020. read more