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Dry Cargo
Cape sales watched carefully
A couple of rare cape sales have been watched carefully by market players to assess where prices are going for…
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Tankers
Top dollar for ice class aframaxes as Russian winter approaches
One of Turkey’s fastest growing shipping companies, Beks Shipmanagement and Trading, has sold a popular ice-class aframax in an overheated…
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Tankers
Sharma’s shipowning unit highly active in the S&P markets
Tanker secondhand prices have been on a tear for the past few months. One canny watcher of these price movements…
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Dry Cargo
Berge Bulk buys two VLOCs
James Marshall-led Berge Bulk has tabled around $98m for two young very large ore carriers sold by Chinese cape specialist…
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Tankers
Greathorse completes chemical exit
Greathorse Shipping’s sell-off of its chemical division has been completed. Multiple broking reports show the China-based owner and operator, part…
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Dry Cargo
Chartworld scraps 18-year-old cape
Chartworld has sold the 2004-built Star Tianjin, a vessel it bought from Bocimar four years ago. The ship is the…
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Tankers
Pakistani state outfit expanding fleet
Pakistan National Shipping Corp’s (PNSC) fleet renewal plan is gathering pace. The Karachi-based shipowner has added two aframax tankers, the…
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Tankers
HMM sets new price benchmark with latest VLCC acquisition
Tanker buyers are franticly calling their bankers, eager to secure loans and dip their investments back into the suddenly bullish…
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Tankers
Ciner revealed as seller of suezmax quartet to Fredriksen’s SFL Corporation
Brokers reveal Turkey’s Ciner Shipping as the seller of four suezmax tankers reported sold for $222.5m to John Fredriksen’s SFL…
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Tankers
NGM Energy finds buyer for aframax
George Moundreas and his firm NGM Energy have sealed an aframax sale in today’s rising market. The outfit has been…
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Tankers
Ridgebury in significant fleet sell-off
Connecticut-based Ridgebury Tankers is the most notable tanker player in the S&P markets this summer. The outfit is reportedly bringing…
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Tankers
New Bangaldeshi outfit buys MR pair
Bangladesh outfit Doria Shipping has bought its first two tankers. The company has renamed and flagged the ships domestically. The…
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Dry Cargo
Vintage handies in demand to shift grain out of the Black Sea
While it is becoming clear that sales in dry cargo are cooling off, one size and one region stand out in…
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Dry Cargo
Pacific Rim beefs up fleet
Low-profile Chinese bulker player Pacific Rim is behind one of the few modern transactions made this week in dry cargo…
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Tankers
EGPN Bulk Carrier pockets swift profit from tanker play
One of China´s most speculative private owners, EGPN Bulk Carrier, is making fortunes on its investments in wet. This week,…
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Dry Cargo
Oldendorff seals fine asset play
Post-panamax and mini-cape expert Oldendorff Carriers has sealed one of this summer’s finest asset plays, selling a 12-year-old bulker for…
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Dry Cargo
Dry bulk S&P splits in two
Vultures are closely watching the S&P bulk market as it is oversupplied with vintage candidates and softening dry cargo rates.…
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Tankers
Transgas takes Thenamaris product tanker
Peru’s Transgas Shipping Lines, a Lima-based tanker player, has dived into the secondhand market, shaking hands with the staff at…
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Dry Cargo
Bulk carriers withdrawn from market on falling S&P prices
A large number of deals in dry cargo S&P are sealed with brokers filling up their dry bulk column, week…
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Dry Cargo
Oldendorff prunes bulk carrier fleet
Henning Oldendorff and his Oldendorff Carriers are nailing one sale after another, with Splash tracking five done deals in the…
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