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Tankers
Prime Marine takes another LR1
Stathis Topouzoglou and his Prime Marine have dived into the secondhand market. Sources tell Splash that the Greek outfit has…
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Tankers
Moundreas flips last VLCC
Greek owner Nicholas George Moundreas and his NGM Energy is reported flipping his last VLCC. NGM Energy is reported selling…
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Tankers
Sinokor bags Ridgebury VLCC pair
South Korea’s most active shipowner, Sinokor Merchant Marine, is making waves for the second time in the VLCC segment this…
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Dry Cargo
Five Ocean chops and changes it cape fleet
Korean owner Five Ocean Corp has an interesting track record in the secondhand market, picking up ships about every second…
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Dry Cargo
En bloc handy sales proliferate
Large en bloc purchases are in vogue in the secondhand market this month with handysize bulkers in focus. Brokers report…
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Tankers
Team Tankers sells three last ships
Broking sources tell Splash that the once mighty chemical player Team Tankers International has offloaded its last three ships, the…
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Dry Cargo
Economou moves for another newcastlemax
For the second week in a row, Greek shipping mogul George Economou is linked to a newcastlemax. Over the weekend…
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Dry Cargo
GMS linked to handy buy
Broker sources link GMS, best known as a cash buyer for demo ships, to a handy sold at a US…
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Tankers
Sinokor swoops for Greek VLCC
Korean shipowner Sinokor Merchant Marine is making waves in the tanker segment for the second time this year. Broker sources…
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Dry Cargo
Ultranav lets go of another bulk carrier
Chile’s Ultranav is busy in the sales and purchase market. This week multiple brokers tell Splash that the 2015-built, 38,000…
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Dry Cargo
Economou seals first newcastlemax deal of the year
Greek shipping mogul George Economou has added more dry bulk tonnage. The 15-year-old Japanese-controlled newcastlemax fetched around $19m, the first…
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Dry Cargo
Details of Safe Bulkers’ latest cape emerge
Bank of America Leasing has been revealed as the seller of a 2014-built Japanese capesize to Greek owner Safe Bulkers.…
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Containers
Wan Hai’s buying spree continues into 2022
Taiwanese container shipping major Wan Hai Lines has sealed its first purchase of the year, tabling just under $47m for…
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Tankers
George Economou bolsters his VLCC fleet
Economou Group tanker outfit TMS Tanker has snapped up a troubled VLCC from Lebanese shipowner Ghassan Ghandou’s Hermes Marine Management.…
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Tankers
EGPN takes Xihe product tanker
One of China’s fastest growing private owners, EGPN Bulk Carrier, has snapped up more tankers. Months after entering the VLCC…
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Dry Cargo
Winning in for a Japanese newcastlemax
It’s full speed ahead in bulk S&P market with a string of old-timers back in the market, pushing up activity.…
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Dry Cargo
Bocimar orders pair of ammonia ready newcastlemaxes
The Saverys family-controlled shipowning company, Compagnie Maritime Belge, and its bulker arm Bocimar, has ordered two newcastlemaxes at CSSC yard…
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Dry Cargo
Norden’s sales spree accelerates
Over the weekend multiple brokers report that Norden’s ongoing sales spree has reached new levels, bringing around $141m in the…
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Dry Cargo
Hoa Phat Group snaps up its third bulker
Vietnam’s Hoa Phat Group has been active this year, adding one ship after another to add to its booming steel…
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Dry Cargo
Meadway flips handy for sizeable profit
Costas Dellaportas, the owner of Meadway Shipping, is driving home for Christmas with a smile. Multiple brokers report that the…
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