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Dry Cargo
Lauritzen sells handy
Scrubber-fitted handysizes changing hands are relatively rare. Nevertheless, Lauritzen Bulkers has managed to sell a second such ship in the…
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Dry Cargo
Vietnam’s Hoanh Son remains on a panamax charge
Qatari owner S’hail Shipping has made a decent profit on a rusty panamax sale to the fast-growing Hoanh Son Group…
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Dry Cargo
NGM Energy sells 2010-built cape for $32.5m
The highly active S&P markets continue with notable activity in the bulker sector. This week, a famous Greek name has…
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Dry Cargo
Sanko sells last ship
One of the most famous names in Japanese shipowning history, Sanko Steamship, has let go of its last ship. The…
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Dry Cargo
Oldendorff sells three post-panamaxes
As bulker prices are at highs not seen for more than a decade, a pattern is emerging where smaller owners…
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Tankers
New benchmark set with sale of Norwegian VLCC
The sale of a Norwegian-flagged VLCC has set a new benchmark as tanker values continue to climb. The Korean-built, eight-year-old…
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Dry Cargo
Newcastlemax sales at record levels
Big bulkers are hauling in very sizeable sums of cash, and ships are changing hands at a rapid clip. Splash…
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Tankers
Great Eastern takes Ardmore MR
Last week, Great Eastern Shipping revealed that it had expanded its fleet with an MR product tanker acquisition. Now broker…
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Dry Cargo
Lauritzen sells open hatch handy for a tidy profit
Niels Josefsen, the CEO of Lauritzen Bulkers, appears to have timed the market well. Broker sources tell Splash that the Dane…
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Dry Cargo
JP Morgan pockets tidy profit from cape sale
JP Morgan is one of many big shipping names that has broken cover this month, joining a string of famous…
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Tankers
International Seaways swoops for six MRs
Minnesota-based Wayzata Investment Partners is behind what brokers at Cleaves Securities have coined as the deal of the week. Brokers…
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Dry Cargo
Turkey’s Devbulk conducts more business with Maestro Shipping
Fast-growing Turkish owner Devbulk has paid some $28m to Swiss outfit Maestro Shipping for the Maestro Sapphire, a 39,800 dwt…
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Dry Cargo
Neda and Thenamaris enter the newcastlemax segment
Two Greek names have entered the newcastlemax segment with a raft of big bulkers changing hands in recent days. Late…
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Dry Cargo
Capesize S&P deals dominate
Investors in the cape market threw cash on the table last week before the Chinese New Year kicked in. More…
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Dry Cargo
Polaris Shipping CEO jailed as takeover stalls and fleet culled
Polaris Shipping, one of South Korea’s largest shipowners, is enduring turbulent times, its CEO sentenced, a proposed takeover on the…
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Tankers
Vietnam’s VLCC fleet grows
Greece’s Capital Maritime and Trading has sold the youngest VLCC to be flagged under the Vietnamese flag. At the end…
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Tankers
Vintage VLCC prices edge down
Even though more than 10 rusty ladies have been reported sold this year, prices are finally coming down for vintage…
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Tankers
Former Tsakos tanker reflags to Gabon
Last week Nikolas Tsakos-controlled Tsakos Energy Navigation (TEN) put out a release that it had offloaded a debt-free elderly suezmax…
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Tankers
Angelicoussis offloads its oldest VLCC for a firm price
The Angelicoussis Group has sold a vintage VLCC for a firm price. The outfit has let go of its oldest…
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Tankers
KSS Line takes Scorpio MR tanker
In the middle of last week, New York-listed Scorpio Tankers revealed that it had sealed a deal to sell a…
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