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Americas
Miner makes a bid for Brazil’s Log-In Logística Intermodal
Brazilian mining and logistics company Manabi Holding has offered to buy a majority stake in compatriot cargo ship and port…
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Containers
Euroseas confirms demolitions, delivery delays and refinancing
NASDAQ-listed Euroseas has sold two of its vessels for demolition, says it has delayed delivery of its remaining bulker newbuildings…
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Dry Cargo
NewLead to undertake its sixth reverse stock split in six years
Shareholders in NewLead Holdings have voted to undertake another reverse stock split this year, which will be the sixth consolidation…
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Europe
Royal Boskalis buys German dredging company
Royal Boskalis Westminster has acquired Germany’s market-leading dredging company Strabag Wasserbau for around €70m ($76m). The sale price will be…
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Americas
DHT Holdings sells suezmax tanker
NYSE-listed DHT Holdings has confirmed the sale of its 15-year-old suezmax tanker to unnamed buyers for $26.5m, incurring a book…
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Asia
Precious Shipping scraps handysize bulker
Thailand’s Precious Shipping has confirmed it has sold its 20-year-old handysize bulk carrier for scrap to Pakistani buyers at a…
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Europe
Prosafe rig adrift in the North Sea with 33 onboard
Rough seas and storms in the North Sea have caused a Prosafe-owned semi-submersible accommodation vessel to come adrift while under…
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Americas
Scorpio Bulkers sells its last five capesizes, plans reverse stock split
NYSE-listed Scorpio Bulkers has sold five of its Korean-built capesize bulk carriers for a total of $167m and has announced…
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Asia
Russian and Iranian shipyards sign agreement to build oil rigs
Iranian shipbuilder ISOICO and Russian yard Krasnye Barrikady have signed an agreement to jointly build rigs for oil and gas…
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Asia
Korea Line sells VLGC hit by explosion to Chinese buyers
A VLGC onboard which an explosion killed two crew during 2014 has been sold by Korea Line to Chinese interests…
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Asia
Samudera Shipping sells two small tankers
Indonesia’s Samudera Shipping Line has sold two of its small tankers, Sinar Tokyo (2,900 dwt, built 2004) and Sinar Bukom (3,100 dwt, built…
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Dry Cargo
State approves China Merchants’ purchase of Sinotrans & CSC Holdings
China Merchants has received approval from China’s Assets Supervision and Administration Commission of the State Council for its proposed acquisition…
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Dry Cargo
Norden sells capesize bulk carrier at $12m loss
Norden has sold its capesize bulk carrier to an unnamed buyer at an accounting loss of $12m, the Danish shipowner said…
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Asia
Jasa Merin buys three chemical tankers from BHIC
Malaysia’s Jasa Merin has branched out into chemical tankers through the acquisition of three vessels from subsidiaries of Boustead Heavy…
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Asia
Mercator Lines to sell three panamax bulkers to service debt
Mercator Lines (Singapore) has signed three memoranda of agreement to sell three of its panamax bulk carriers to one of…
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Asia
Shenzhen Brightoil Shipping sells bunker barge newbuilding
Bunker supplier Shenzhen Brightoil Shipping has transferred ownership of a bunker barge newbuilding to its Singapore-based subsidiary for $8.4m in…
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Americas
Scorpio Tankers timecharters two handys
Scorpio Tankers has timechartered two of its handymax tankers to an unnamed charterer for three years each, and has repurchased…
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Dry Cargo
KC Maritime linked to cancelled bulk carrier newbuilding
Cosco Dalian says an Asia-based client has cancelled one of its two 82,000-dwt bulk carriers on order at the Chinese…
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Europe
NewLead bitumen tanker has contract of affreightment renewed
NewLead Holdings’ bitumen tanker has had its contract of affreightment (COA) renewed for a further 12 months, during which it…
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Europe
Cosco is the only bidder for Piraeus Port
China’s Cosco Pacific is the only company to have submitted a bid for the 51% stake in Piraeus Port Authority,…
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