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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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Dry Cargo
H-Line pays firm $22m for Japanese cape
The first cape sale in December has been sealed with brokers reporting a further swathe of tonnage will likely change…
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Dry Cargo
NGM Energy adds more ships
Nicholas George Moundreas’s NGM Energy is linked to its ninth bulker buy this year in the secondhand market. Broker sources…
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Tankers
BoComm Leasing moves for VLCC resales
China’s Bank of Communications Financial Leasing division (BoComm Leasing), an outfit known for big deals, has approached US-based tanker heavyweight…
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Dry Cargo
Diana wins bid for Namura resale
New York-listed Diana Shipping has emerged as the buyer of a sought after Namura Shipbuilding capesize. The Greek owner has…
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Dry Cargo
Oldendorrf in for post-panamax
Oldendorff’s sale and purchase department has struck its first deal in the secondhand market since August.Broking sources tell Splash that…
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Containers
Abu Dhabi Ports’ shipowning venture takes shape
Now battling with port operator DP World in Dubai and its Unifeeder subsidiary for business, Abu Dhabi Ports is growing…
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Tankers
Tsangaris family’s new tanker venture gains momentum
One of Greece’s oldest shipping families, the Tsangaris clan and its new venture, Piraeus-based Westport Tankers, run by Michael Tsangaris,…
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Dry Cargo
Chinese player makes swift profit on first ship acquisition
Beijing-based Solebay has turned its recent shipowning entry into gold. Six months ago the Chinese bulker player made headlines for…
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Tankers
Winson buys its biggest ship to date
Tony Tung-founded Winson Group has added its biggest ship to date. Splash understands that shipowning arm Winson Oil has added…
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Dry Cargo
Chellaram seals deal for its most expensive secondhand ship
Vishal Khurana-led bulker outfit Chellaram Shipping has closed its most expensive single deal in the secondhand market to date, adding…
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Dry Cargo
Densay enters the cape business
A few weeks ago the 2012-built capesize, the 175,000-dwt , invited offers, and the Jinhai built vessel was reported sold…
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Dry Cargo
Alycon sells capesize to new Chinese entrant
One of Greece’s oldest shipowning outfits, Alcyon Shipping, has completed a rare move in the S&P markets, selling its oldest…
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Dry Cargo
Beks bags another cape
Istanbul-based Beks Shipmanagement has snapped up its second cape in the space of one month. Broking reports indicate that the…
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Greater China
Xiamen ITG Group makes its first tanker move
State-owned and Shanghai-listed Xiamen ITG Group has added its first tanker. The fast-growing bulker player has emerged as the taker…
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Containers
Abu Dhabi Ports buys ships for growing feeder subsidiary
A little over a year after Abu Dhabi Ports revealed its strategy to facilitate growing trade demands within the Gulf…
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Tankers
Vafias pounces for product pair
Harry Vafias’s Stealth Maritime has dived into the secondhand market, bagging a pair of well priced product tankers. Vafias is…
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Dry Cargo
Economou bags a panamax
Broking sources link George Economou’s private outfit, TMS Dry, to the purchase of the 77,000 dwt , a six-year-old Japanese…
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Dry Cargo
HTK Shipping pounces for its largest ship to date
Vietnamese handysize specialist HTK Shipping is closing on its largest ship to date. Sources report that HTK is the highest…
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