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Dry Cargo
JP Morgan Global Maritime exits kamsarmax sector
JP Morgan Global Maritime has sold its last two kamsarmax sister vessels, the 2013-built 82,000 dwt and the 2015-built .…
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Dry Cargo
Interlink plays the handy market well with latest sale
Paul Gurtler-led Interlink is behind what many brokers report as last week’s sweetest handysize deal. Numerous sources report that the…
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Tankers
Trafigura in for second Nisshin LR1 tanker
Japan’s Nisshin Shipping has sold its second modern LR1 tanker in the space of a couple of months. Multiple brokers…
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Tankers
Host of new Chinese names in rush for vintage VLCCs
A string of speculative small Chinese owners is emerging as takers of vintage VLCCs sold in the last couple of…
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Dry Cargo
Valhal pounces for capes
Hamburg-based Valhal Shipping has been among the most active cape buyers in the second quarter of the year. It’s come…
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Dry Cargo
Chelleram busy rejuvenating bulker fleet
One of Hong Kong’s many conservative bulker owners, Chellaram Shipping, is quietly rejuvenating its fleet, both adding and selling ships.…
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Dry Cargo
Nissen Kaiun cashes in with $33.5m cape sale
Bulk carrier prices continue to rise across all sectors. Last week all eyes were on the price Japanese mammoth Nissen…
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Dry Cargo
Handy sales proliferate
Sales from the handy sector are filling up this week’s broking reports as the sector is seeing the highest rates…
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Dry Cargo
Bulker clearout at Sinotrans gets underway
Having put seven ships in the shop window three months ago, sales contracts are finally being signed for Chinese state-run…
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Dry Cargo
Greathorse offloads last cape
Chinese player Richland laid down the $23.31m winning bid for the 2011-built yesterday at auction marking both a new Chinese…
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Europe
Shipping investor Hayfin invests across the main sectors
Last year Hayfin Capital Management expanded with a new Singapore office but had zero ship deals to its name. This…
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Dry Cargo
Solebay becomes shipowner with cape purchase
A steady stream of Chinese operators has turned to shipowning in the last couple of years. This week Beijing-based operator…
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Dry Cargo
Nissen sells its third cape this year
Japanese shipping mammoth Nissen Kaiun has sold its third cape this year. The latest sale exemplifies the dramatic price increase…
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Tankers
DHT offloads vintage VLCC trio
For weeks sales chatter has surrounded a trio of vintage VLCCs owned by DHT Tankers. About three weeks ago the…
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Tankers
Socar takes Okeanis LR2 trio
Azerbaijani energy concern Socar has had an active 2021, sealing many ship deals. The latest involves the $120m en bloc…
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Tankers
Ridgebury makes VLCC comeback
Brokers tell Splash that Bob Burke-led Ridgebury Tankers has reentered the VLCC segment, eager to cash in on the anticipated…
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Dry Cargo
Vietnam’s ITC seals $7m profit from sale of bulker pair
One of Vietnam’s fastest growing owners, International Transportation and Trading Joint Stock Company (ITC Corp), is behind this week’s finest…
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Tankers
Plenty of vintage VLCCs changing hands
S&P has activity has shifted towards tankers, in particular older VLCCs where prices are rocketing. Brokers report that Greece’s Eastern…
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Dry Cargo
ArcelorMittal linked to six Essar mini-capes
Earlier this year, broker sources revealed that India’s Essar Shipping was tempting the market, marketing its six mini-capes, all 106,000…
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Dry Cargo
Rare mini-capes up for sale
Dry bulk S&P continues at full speed. The bullish momentum is turning into the norm. Broker sources reveal that India’s…
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