-
Europe
Karadeniz takes aframax
Turkey’s Karadeniz Holding, the creator of increasingly popular floating power stations made from converted merchant ships, has bought an 18-year-old…
Read More » -
Greater China
Formosa Plastics sells another handy tanker
Taiwanese conglomerate Formosa Plastics has shaved another handysize tanker from its fleet. So far this year the active outfit has…
Read More » -
Europe
Lundqvist sells aframax
Aframax specialst Lundqvist continues to offload its oldest tankers. This week, brokers tell Splash that the 98,900 dwt crude tanker…
Read More » -
Europe
Marinakis celebrates cape coup
As well as celebrating his team’s fightback in the Champions League last night against Tottenham Hotspurs, Olympiakos owner Evangelos Marinakis…
Read More » -
Europe
First modern cape sold this year
One of the top stories percolating through this week’s broker reports is the sale of two young capes. Nine months…
Read More » -
Asia
BULL charges for two more aframaxes
Five month after announcing it was raising $84m for new ships, 20-ship strong Indonesian tanker owner Buana Lintas Lautan (BULL)…
Read More » -
Middle East
Oman Shipping tipped to have boosted ultramax fleet with notable acquisition
Sinotrans Shipping, a subsidiary of China Merchants Group, has nailed this week’s most notable S&P deal. Sources say the low…
Read More » -
Europe
Sole readies rare sale
Sources tell Splash that Norway’s Sole Shipping, has put the nine-year-old 32,000 dwt bulker in the shop window. This is…
Read More » -
Europe
A M Nomikos in for another SK supra
Greek owner A M Nomikos has dipped into the secondhand market to add to its 40-strong fleet. Sources tell Splash…
Read More » -
Asia
Sinokor bags $16m newcastlemax
Mizuho Sangyo has found a taker for one of its two newcastlemaxes it put in the shop window last week.…
Read More » -
Europe
Lauritzen sells bulker trio to Clipper
Two Danish shipping mammoths have done a rare deal in their favourite sector. Mads Peter Zacho-led J Lauritzen has offloaded…
Read More » -
Greater China
Fortune Ocean finds buyer for four handies
Chinese bulker owner Fortune Ocean Shipping has finally found a buyer for its four 2015-built, 34,400 dwt handysize vessels, Xing…
Read More » -
Europe
Borealis Maritime cuts supramax fleet in half
Borealis Maritime has cut its supramax fleet in half with the sale for $15m of the seven-year-old , notching a…
Read More » -
Asia
Mizuho Sangyo puts newcastlemax pair up for sale
Japan’s shy bulker mammoth Mizuho Sangyo is offloading two newcastlemaxes, the 203,000 dwt Azul Challenge and a sister ship, Azul…
Read More » -
Asia
MOL offloads elderly VLCC
Japanese shipping heavyweight Mitsui OSK Lines (MOL), who has 31 VLCCs in its stable, has just let go of one…
Read More » -
Europe
Navision revealed as taker of NYK handymax
The taker of the the 51,000 dwt , a ship sold by Nippon Yusen Kaisha (NYK) in June for $12.3m…
Read More » -
Europe
Amoretti Armatori takes Gotland tanker pair
Italian owner Amoretti Armatori Group, controlled by the Amoretti family, have purchased two handysize tankers, doubling its exposure in this…
Read More » -
Asia
SR Shipping resurfaces with supra swoop
One of South Asia’s most prolific buyers in 2016, Bangladesh’s SR Shipping has added its first ship in years. Staying…
Read More » -
Greater China
Minsheng Shipping makes cape debut
Minsheng Shipping, a subsidiary of the large private integrated Minsheng logistics group, has added its first cape. The low profile…
Read More » -
Europe
Koropoulis brothers revealed as takers of Pioneer Express MR
Last week a string of ageing secondhand Japanese-built MR product tankers were sold. One of the ships was the 10-year-old…
Read More »