Cyprus
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Dry Cargo
Fredriksen signs for newcastlemax newbuilds
John Fredriksen’s family holding company, Seatankers Management, has come back to Qingdao Yangfan yard in China with a newbuilding deal…
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Offshore
Pelagic Partners grows exposure in offshore segment
Cyprus-based owner and shipping fund manager, Pelagic Partners, has bolstered its offshore portfolio with an investment in two platform supply…
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Dry Cargo
Castor Maritime moves for reverse stock split to keep Nasdaq listing
Cyprus-based bulker and boxship owner Castor Maritime has decided to carry out a one-for-ten reverse stock split on Nasdaq to…
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Offshore
Standard Supply offloads last PSV at second attempt
Oslo-listed PSV investment outfit Standard Supply has managed to offload its last ship after its first sale fell through. The…
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Dry Cargo
Castor sells bulker to Panagiotidis family member for $16.2m
Cyprus-based bulker and boxship owner Castor Maritime has sold one of its bulkers for a price of $16.2m. Castor Maritime…
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Dry Cargo
Panagiotidis family member picks up Castor bulker pair
Cyprus-based owner Castor Maritime has sold two of its 2010-built panamax bulk carriers to family members of its chairman and…
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Offshore
Standard Supply fleet sell-off hits a snag
Shareholders at Standard Supply will have to wait a little longer to fully cash in on the company’s vessels after…
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Tankers
Toro nets nearly $21m from sale of veteran tanker
Nasdaq-listed tanker and LPG owner Toro has concluded another lucrative asset play having offloaded a 2005-built aframax/LR2 at a net…
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Tankers
Frontline offloads its five oldest VLCCs
John Fredriksen’s Frontline has confirmed the disposal of its five oldest VLCCs. The New York- and Oslo-listed tanker giant will…
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Finance and Insurance
Columbia Group forms venture capital arm
Shipmanangement giant Columbia Group has formed a new venture capital firm named Galactic Beacon Ventures to help drive innovation in…
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Dry Cargo
Castor Maritime pockets $3.5m profit from kamsarmax sale
Cyprus-based bulker and boxship owner Castor Maritime has locked in profit from the sale of the 2010-built kamsarmax picked up…
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Dry Cargo
Castor Maritime confirms move towards capesize market exit
Cyprus-based bulker and boxship owner Castor Maritime has confirmed its exit from the capesize segment after offloading its 2006-built Magic…
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Dry Cargo
Lemissoler showcases China shipbuilding’s first methanol-fuelled ultramax design
A design for China shipbuilding’s first methanol-fuelled ultramax bulk carrier has been revealed at the Marintec exhibition in Shanghai. Cyprus-based…
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Dry Cargo
Castor Maritime sells bulker after first sale fell through
Cyprus-based bulker and boxship owner Castor Maritime has sold its 2005-built, 76,600 dwt panamax bulk carrier Magic Moon. The Nasdaq-listed…
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Dry Cargo
Castor ships out pair of panamax bulkers
Cyprus-based bulker and boxship owner Castor Maritime is selling two of its panamax dry bulk ships for an aggregate of…
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Operations
Columbia launches female cadet mentoring programme
As part of its bid to attract more women into the maritime sector, shipmanangement giant Columbia Group has launched a…
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Offshore
Pelagic Partners enters offshore sector with Golden Energy stake buy
Cyprus-based alternative investment fund Pelagic Partners has bought a 20% stake in Norwegian owner Golden Energy Offshore Services (GEOS). The…
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Dry Cargo
Castor offloads kamsarmax as previous panamax sale falls through
Cyprus-based bulker and boxship owner Castor Maritime has sold one of its kamsarmaxes while a deal to sell another ship…
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Tankers
Castor Maritime spinoff Toro nets nearly $27m from double tanker sale
Nasdaq-listed tanker and LPG owner Toro has offloaded two ships for an aggregate price of $49.5m and a net gain…
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Offshore
SeaBird wins more survey work
Marine seismic specialist SeaBird Exploration has penned a letter of award with an unnamed repeat client for a 2D survey…
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