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Dry Cargo
China Steel Express continues capesize clear out
Taiwan’s China Steel Express Corporation has offloaded a vintage capesize, the 1997-built 154,000-dwt , sending it to scrap at $290…
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Greater China
CSSC Shipping continues VLCC buying spree
CS Shipping, a shipowning arm of Chinese shipbuilding giant China State Shipbuilding Corporation, has emerged as the buyer of an elderly…
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Asia
Philippine owner takes pair of ships originally earmarked for scrap
The Southeast Asian owner, Oceanic Container Lines, Inc (OCLI) from the Philippines, has rescued to two smaller multipurpose ships from…
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Containers
SITC pays $8m for 1,000 teu ship
Hong Kong-listed shipping firm SITC International Holdings has laid down around $8m for the 11-year-old 1,043 teu , according to…
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Containers
Lomar in for more boxships
Sources report that London-based Lomar Shipping is continuing its fleet expansion in the secondhand market. Earlier this year the company…
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Containers
Shanghai Zhonggu Shipping continues fleet expansion
Shanghai Zhonggu Shipping is being linked as the buyer of 3,398teu containership for $7.1m. Broking sources reported the sale some…
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Asia
Bangladeshi bulker player linked to first tanker buy
Chittagong-based SR Shipping has been linked to its first tanker as it continues its bargain basement hunt for cheap tonnage.…
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Dry Cargo
Guoyu Shipping exits shipowning with supramax sales
Sources tell Splash that two popular supramaxes have successfully been offloaded by low-key Chinese firm, Guoyu Shipping. The 57-000 dwt…
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Asia
D’Amico sells ultramax to Korea Line
An ultramax just out of Yangfan’s shipyard in China has reregistered its owner name from Italy’s D’Amico to one of…
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Dry Cargo
Primebulk bolsters new panamax position
Sources link Primebulk to its second bulker within a week. This time the Greek outfit has gone for the Greek…
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Containers
Tsakos eyes shunned Patricia Schulte
Has the 2,800 teu, 10-year-old Patricia Schulte finally found an owner willing to open up his wallet? The boxship, owned…
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Asia
Firming dry bulk market sees Dong-A reverse cape sale plans
A seemingly firming dry bulk sentiment seen in recent days, with the Baltic Dry Index surpassing 600 points, has seen…
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Dry Cargo
Confusion surrounds SwissMarine link to modern Japanese panamax
Sale records Splash has access to report that the large scale operator, Geneva-headquartered SwissMarine, has just snapped up the 2012-built…
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Asia
K Line sells third bulker in the space of a month
Kawasaki Kisen Kaisha (K Line) is attempting to shave off its third reported bulker of the year, all within a…
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Dry Cargo
Adam Polemis makes first buy this year
Adam Polemis-controlled New Shipping’s first reported purchase of the year has emerged. New Shipping, which controls some 30 vessels, has…
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Asia
Winning adds two more capes
Singapore-based Winning is about to snap up another two capesize vessels, sources tell Splash. This time the Chinese firm is…
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Dry Cargo
KC Maritime bulker sales gather pace
Hong Kong’s KC Maritime rapid offloading of tonnage continues. A week ago it sold two panamaaxes, now it is close…
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Dry Cargo
KC Maritime in flurry of S&P activity
A week since Hong Kong’s KC Maritime shaved off two panamaxes from the bottom of its fleet list, the conservative…
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Containers
Patricia Schulte struggling to find a buyer
The 2,800 teu, 10-year-old is struggling to find a buyer. A spokesperson for South Korea’s KMTC has quashed speculation that…
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Asia
Japanese handy trio sold
After half a decade of reported rest in the sales and purchase market two ships in Japan’s Escobal fleet have…
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