January 17th, 20200Greek dry bulk owner Safe Bulkers has entered into sale and leaseback agreements for eight vessels. Safe Bulkers has sold the eight vessels, to an unnamed party, for $158.3m and will use the funds to refinance loan facilities worth $105.2m providing the company $53.1m in additional liquidity. Two of the sold vessels were leased...
January 17th, 20200Greek dry bulk owner Diana Shipping has entered into a time charter contract with Aquavita International for 2013-built kamsarmax . The contract commences this week, and is for 14-16 months at a gross charter rate of $11,750 per day. The vessel was previously on charter to Glencore at $14,250 per day. Diana Shipping says the new...
January 16th, 20200Greek wet and dry player Sea Pioneer has taken a nine-year-old kamsarmax, its first move in the secondhand market in years. Sources say the Vasilis Bacolitsas-led company paid $16m for the KM Tokyo in an off-market deal with Japanese heavyweight Nissen Kaiun. The ship has been renamed . The move comes quickly after Sea Pioneer sent an...
January 15th, 20200Evangelos Pistiolis, via Central Mare, has placed an order with Hyundai Heavy Industries for the construction of two 158,000 dwt suezmax tankers. According to Allied Shipbroking, the two scrubber-fitted tankers are scheduled for delivery in 2021. The contract value was not disclosed. Central Mare currently owns a fleet of two handy...
January 13th, 20203Evangelos Marinakis's Capital Maritime and Trading has moved to further take advantage of solid VLCC rates up around the $100k per day mark, by acquiring 2005-built 300,000 dwt VLCC according to brokers. Advanced Shipping & Trading and Seasure Shipbroking are both reporting that Capital have acquired the tanker from Japan’s...
January 10th, 20200Greek dry bulk owner has fixed another panamax vessel to Ukranian outfit Phaethon International Company, its second time charter to the company this week. Phaethon has taken 2013-built on charter for a period of 13-15 months at a rate of $10,800 per day. The vessel, which will commence the charter on January 11, was previously on...
January 9th, 20200Greek dry bulk owner Diana Shipping has entered into a new time charter contract with Phaethon International Company for 2001-built panamax bulker . The charter commenced today, and is for a period of 12-14 months at rate of $9,200 per day. The vessel was previously on charter with Hong Kong’s Ausca Shipping at a rate of $10,350 per...
January 6th, 20200George Economou’s Heidmar and Ioannis Martinos’s Signal Maritime Services have agreed a partnership which will see Signal take on the commercial management of all 18 aframax tankers in Heidmar’s Sigma Pool. Signal will manage the fleet using its artificial-intelligence-backed pool management platform, which it says has...
January 6th, 20200Evangelos Pistiolis led product tanker owner Top Ships has announced the sale of the two MR1 product tankers in its fleet. The 39,200 dwt Eco Fleet (built 2015) and Eco Revolution (2016) were sold to unaffiliated third parties. Top Ships said that deliveries to the new owners are schedule in January 2020, but did not reveal any...
January 3rd, 20200Nanjing Maritime Court has arrested the 2017-built panamax bulker at Zhenjiang Port at the request of grain trader Sinograin. Sinograin filed with the court to detain the ship claiming its cargo transported by the ship was severely damaged causing over $4m in financial losses for the company. The 81,300 dwt ship is operated by...
