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Americas
Ultramar sells three in three months
Chile’s Ultramar Group is busy in the sales and purchase market. This week sources tell Splash that one of its…
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Asia
Emerging Korean owners lead bulker S&P revival
It’s been a busy week in the sales and purchase segment with plenty of bidders all hoping that the severe…
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Asia
Fukujin Kisen sells modern ultramax
Japan’s Fukujin Kisen has decided to sell its oldest ultramax, the three-year-old Shin Kurushima-built . Sources say the ship fetched…
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Greater China
Noble trims its cape arm
Shortly after Noble confirmed the sale of a 2012-built post-panamax, the commodity trading firm has found a buyer for another…
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Greater China
Maple Leaf springs for first post-panamax
Chinese handy specialist Maple Leaf, the shipowning arm of Taizhou Maple Leaf Shipbuilding, has dipped into the secondhand market. The…
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Europe
Cape sales filter in
James Marshall-led Berge bulk continues to renew his 50-ship strong cape arm, broking sources tell Splash. This week the Singapore…
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Greater China
China Steel Express readies vintage cape clear-out
Likely with rising fuel prices in mind, China Steel Express, the shipping arm of Taiwan’s largest steel producer, is readying…
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Americas
Monarch abdicates from shipowning with sale of famous VLCC
Sales talk surrounding US investment fund Monarch Alternative Capital only ship, the 10-year-old, 320,000 dwt , is creating plenty of…
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Europe
Kassian pockets $3m from panamax sale
Kassian Maritime Navigation, run by the the Pappadakis family, has continued to renew its bulker fleet with the disposal of…
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Asia
Miyazaki Sangyo puts cape up for sale
Diverse Japanese owner Miyazaki Sangyo Kaiun is close to completing the sale of the first cape of the year, selling…
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Europe
Sea Pioneer takes Japanese kamsarmax
Greek wet and dry player Sea Pioneer has taken a nine-year-old kamsarmax, its first move in the secondhand market in…
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Tankers
VLCC prices leap 12% since August
The VLCC market remains boiling hot, with four ships sold this year, while more sales are expected to be closed…
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Europe
Spetalen teams with Ofer and Economou for VLCC newbuild
Norwegian financial wizard and billionaire Øystein Stray Spetalen is entering the hot VLCC business, teaming up with two of the…
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Americas
Ridgebury Tankers profits once again from selling vintage VLCC
Broker reports are filled up with VLCC sales in the first days of the year as buyers continue to find…
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Greater China
Seacon’s bulker spree continues
It has been a quiet start in the dry cargo sale and purchase market in the first eight days of…
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Europe
Alma Maritime readies to cut cape fleet in half
Stamatis Molaris-led Alma Maritime is back in the S&P market. Broker sources tell Splash that the wet and dry outfit…
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Greater China
Rare mini-cape deal concluded
Brokers tell Splash that Rainbow Maritime has sold the 115,400 dwt mini-capesize bulk carrier for $16m to Ukraine’s Profy PP…
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Asia
Seven Islands takes 11th ship of the year
Seven Islands Shipping’s purchasing spree continues with its eleventh purchase in 2019. This time India’s fastest growing tanker owner has…
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Europe
NSB makes bulker entrance taking Graig’s last ship
Tim Ponath-led Reederei NSB has made a step outside its comfort zone. The outfit has emerged as the taker of…
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Europe
Advantage takes Chinese VLCC duo
Turkish outfit Advantage Tankers has emerged as the taker of two 10-year -old VLCCs from China VLCC, adding the New…
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