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Tankers
Sea World Management taps Guns N’ Roses for latest ship name
Monaco’s Sea World Management has delved into the 1980s American rock music scene for the name of its latest ship. …
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Dry Cargo
Winning bolsters newcastlemax arm
Chinese capesize specialist Winning International Group has another newcastlemax on its books. The Singapore-based bulker giant has reached a deal…
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Tankers
Polemis buys VLCC pair from SK Shipping
Shortly after Adam Polemis’ New Shipping made $14m on a 21-year-old VLCC bought six years ago, the famous Greek owner…
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Tankers
Seven Islands moves for another MR
Fast-growing Seven Islands Shipping is sourcing plenty of tankers to serve India’s growing energy demands. Its latest registered deal is…
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Dry Cargo
Densay takes second cape
Kassian Maritime has sold a 2007-built capesize named Satori. The 177,000 dwt, Mitsui-built vessel fetched $18.5m with brokers linking Turkish…
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Dry Cargo
Capesize valuations follow spot market declines
S&P brokers have been watching with eagle eyes to see if the dramatic fall in capesize rates – down nearly…
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Tankers
Imza Marine buys first VLCC
Turkey’s Imza Marine has bought its first VLCC. The low-profile tanker player has tabled some $32.5m in recent months, adding…
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Tankers
Minerva Marine adds LR2 to growing fleet
Greece’s Minerva Marine keeps piling on modern tanker purchases in the fourth quarter, going only for popular premium priced ships…
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Tankers
Vintage VLCC sold
It has been a month since the last vintage VLCC was reported sold. Now, a new deal is in the making involving a 318,000 dwt…
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Tankers
Torm back for more of Alterna’s MR fleet
Brokers tell Splash that Denmark’s Torm has dipped into the secondhand market, tabling $150m for four tankers, adding the Hyundai Mipo-built…
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Dry Cargo
Chinese-built capes commanding big numbers
A rare finding has emerged in this weekend’s broker reports that are still filled with cape sales, creating an atmosphere where positivism…
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Dry Cargo
Parakou fleet sale accelerates
Hong Kong-based Parakou Group’s fleet sale is gathering pace, taking advantage of the accelerating prices in dry cargo. S&P brokers note…
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Tankers
Naftomar paying hefty $83m for LR duo
The deal of the week has been sealed between Greek Nicholas Inglessis and his family-oriented Alberta Shipmanagement and compatriot owner…
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Dry Cargo
Chinese-built capes find new owners
Four Chinese-built capesize sales have ticked in this month. Two of the ships were sold by Sinokor. The latest sale is the Zhoushan…
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Dry Cargo
Cape sales jump in line with soaring rates
October bulker sales are fired up by firming capsize rates, fuelling excitement in the larger segments. With the Golden Week…
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Tankers
Metrostar exits aframax segment in busy week for tanker sales
The vintage groove in tanker S&P has been replaced by sales of modern tonnage, with brokers reporting a flow of…
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Dry Cargo
Sanko slashes fleet in half
One of the most famous names in Japanese shipowning history has slashed its fleet in half. Sanko Steamship has sold…
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Dry Cargo
Swire Bulk sells open-hatch trio
Peter Norborg-led Swire Bulk has decided it is time to prune its fleet. The 25-ship strong player is widely reported…
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Tankers
$35m paid for a 21-year-old VLCC
Adam Polemis-led New Shipping has struck a profitable VLCC deal, selling the 21-year-old 319,000 dwt Good News for $35m, a ship…
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Dry Cargo
Wisdom Marine sells two newcastlemaxes
Lan Chun Sheng-led Wisdom Marine has cuts its exposure to the large bulk carrier segment. The Taiwanese mammoth has been…
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