Tankers
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Charred New Diamond arrives in the UAE
The charred VLCC has made its way to the United Arab Emirates (UAE) after a long journey under tow across…
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Weekly Broker: MSC leads boxship buying charge
Containership S&P activities dominate the week’s transactions with many ships changing hands, and freight and charter rates surging. Geneva-based containerline…
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Cido in for VLCC brace at Hyundai Heavy
Multiple broking reports carry news that Hong Kong-based Korean owner Cido Shipping has placed its first newbuild orders since 2015.…
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Which shipping sectors will perform the best in 2021?
Which shipping sectors will perform the best and worst next year? That’s part of the latest set of questions posed…
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Trump for tankers, Biden for boxes and dry bulk: VesselsValue
VesselsValue’s chief strategy officer Adrian Economakis has become the latest analyst to give his verdict on what today’s US presidential…
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Charterers accused of preventing crew changes
INTERCARGO, the body representing the interests of dry bulk sector operators, has hit out at a number of charterers who…
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Spring Marine linked to $14.5m deal for Blue Wake product tanker
Greek owner Spring Marine Management has been reported by brokers as the buyer of Blue Wake Shipping’s 2010-built MR2 product…
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Scorpio: Wind blows bulkers away
Once again Scorpio is the talk of the markets this month. The decision to exit dry bulk in favour of…
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Weekly Broker: Capes show signs of bottoming out
Bulk carrier S&P activity remained bullish for yet another week among all size segments with further discounts offered for 5-10…
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Hunter confirms VLCC sales
Hunter Group has confirmed earlier broker reports that it has sold two VLCCs – the Hunter Saga and Hunter Laga…
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Total taps Hafnia and Viken for LNG-fuelled aframax newbuilds
Total has tapped Hafnia and Viken Shipping to charter LNG-fuelled newbuild tankers, the latest sign of energy majors forcing through…
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Tufton Oceanic seals second vessel acquisition this month
UK-based Tufton Oceanic Assets has announced the acquisition of a handysize bulk carrier for $10.6m. The vessel has been chartered…
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Olympic Shipping offloads VLCC
Onassis Foundation-controlled Greek owner Olympic Shipping has sold a 17-year-old VLCC to Asian buyers. Multiple shipbroking houses including Advanced Shipping…
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Nicholas Georgiou appointed new CEO of Lomar
The Libra Group has appointed Nicholas Georgiou as the new chief executive officer of its shipowning and management business, Lomar.…
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Marshal Shipping linked to third ADS VLCC buy
United Arab Emirates-based Marshal Shipping has been named by brokers as the buyer of ADS Crude Carriers’ last VLCC, the…
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ADS Crude Carriers clears out fleet
Olso-listed VLCC pure-play company ADS Crude Carriers has cleared out its fleet after announcing the sale of its last vessel.…
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Weekly Broker: Capes top the sales register
The dry bulk sale and purchase market flourished this past week led by capesizes, even though this segment struggled rates-wise…
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Saga Tankers rebrands and diversifies into renewable energy
Oslo-listed Saga Tankers has announced a strategy to diversify its business into renewable energy investments and has changed its name…
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Xihe tanker sales accelerate with Angelicoussis in for VLCC trio
Sales of the Xihe Holdings fleet are being recorded in high numbers. Multiple broking reports this week carry the news…
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Michalopoulos appointed CEO of Performance Shipping
Andreas Michalopoulos has been appointed CEO of Performance Shipping, stepping up from his role of deputy CEO and CFO. Michalopoulos…
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