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Dry Cargo
NGM strikes for its second capesize purchase of the year
Nicholas George Moundreas’s NMG Energy is continuing its quest for tonnage. Sources tell Splash that the Greek outfit has taken…
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Dry Cargo
Chinese bulker player makes $10m on cape sale
A ship in Chinese bulker player Ningbo Zrich Shipping’s fleet is reported sold for $10m more than the purchase price…
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Dry Cargo
Basile Aloy makes quick profit on ultramax trade
Basile Aloy-led Ebe has pulled off one of the finest asset plays of the year. Brokers tell Splash that Ebe…
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Dry Cargo
Goldwin exits dry bulk
One of Hong Kong’s most speculative owners, Goldwin, has sold its last bulker, the eight-year-old, 64,000 dwt . The sale…
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Dry Cargo
Chinese and Greek owners top dry bulk buying binge
The secondhand bulk carrier market shows no signs of slowing down. Greek and Chinese owners are now battling for the…
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Dry Cargo
Sincere Navigation exits supramax sector
Taipei-listed tanker and bulker player Sincere Navigation has sold its last supramax. In March, it sold the 12-year-old supramax, Georgiana,…
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Dry Cargo
JP Morgan Global Maritime exits kamsarmax sector
JP Morgan Global Maritime has sold its last two kamsarmax sister vessels, the 2013-built 82,000 dwt and the 2015-built .…
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Dry Cargo
Interlink plays the handy market well with latest sale
Paul Gurtler-led Interlink is behind what many brokers report as last week’s sweetest handysize deal. Numerous sources report that the…
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Tankers
Trafigura in for second Nisshin LR1 tanker
Japan’s Nisshin Shipping has sold its second modern LR1 tanker in the space of a couple of months. Multiple brokers…
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Tankers
Host of new Chinese names in rush for vintage VLCCs
A string of speculative small Chinese owners is emerging as takers of vintage VLCCs sold in the last couple of…
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Dry Cargo
Valhal pounces for capes
Hamburg-based Valhal Shipping has been among the most active cape buyers in the second quarter of the year. It’s come…
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Dry Cargo
Chelleram busy rejuvenating bulker fleet
One of Hong Kong’s many conservative bulker owners, Chellaram Shipping, is quietly rejuvenating its fleet, both adding and selling ships.…
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Dry Cargo
Nissen Kaiun cashes in with $33.5m cape sale
Bulk carrier prices continue to rise across all sectors. Last week all eyes were on the price Japanese mammoth Nissen…
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Dry Cargo
Handy sales proliferate
Sales from the handy sector are filling up this week’s broking reports as the sector is seeing the highest rates…
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Dry Cargo
Bulker clearout at Sinotrans gets underway
Having put seven ships in the shop window three months ago, sales contracts are finally being signed for Chinese state-run…
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Dry Cargo
Greathorse offloads last cape
Chinese player Richland laid down the $23.31m winning bid for the 2011-built yesterday at auction marking both a new Chinese…
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Europe
Shipping investor Hayfin invests across the main sectors
Last year Hayfin Capital Management expanded with a new Singapore office but had zero ship deals to its name. This…
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Dry Cargo
Solebay becomes shipowner with cape purchase
A steady stream of Chinese operators has turned to shipowning in the last couple of years. This week Beijing-based operator…
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Dry Cargo
Nissen sells its third cape this year
Japanese shipping mammoth Nissen Kaiun has sold its third cape this year. The latest sale exemplifies the dramatic price increase…
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Tankers
DHT offloads vintage VLCC trio
For weeks sales chatter has surrounded a trio of vintage VLCCs owned by DHT Tankers. About three weeks ago the…
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