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Dry Cargo
Costamare takes Nissen Kaiun cape
New York-listed Greek owner Costamare has reaffirmed its dry bulk fleet plans, emerging as the highest bidder of one of…
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Dry Cargo
Transmed offloads newcastlemax pair
The first newcastlemax sales of the month are ticking in with brokers reporting Charalambos Mylonas-led Transmed has privately let go…
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Tankers
Busy Union Maritime offloads a tanker
S&P activity is picking up this month with brokers reporting a string of deals. Laurent Cadji-led outfit Union Maritime has…
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Containers
MSC adds two more ships
The world’s largest containerline, Mediterranean Shipping Co (MSC), remains very active in the secondhand market. As week 16 starts its…
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Dry Cargo
Handy bulker prices remain firm
Sales in dry bulk are easing in line with the cooling of the Baltic Dry Index, which has dropped by…
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Dry Cargo
E. Nomikos buys panamax
Greece’s E. Nomikos Corp, a privately owned shipping company, has added its first ship in two years, tabling just under…
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Dry Cargo
Sinokor takes huge profit from newcastlemax sales
Sinokor Merchant Marine of South Korea has sold three newcastlemaxes to compatriot Pan Ocean. Sinokor has pocketed $213m from the…
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Dry Cargo
Sinokor pockets $3m from swift cape play
In a rare asset play for Sinokor Merchant Marine, the Korean company has pocketed a swift $3m from a cape…
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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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