March 18th, 20190Greece's Tsakos Energy Navigation (TEN) has announced it has been awarded new charters for LNG carriers Neo Energy and Maria Energy by unnamed international energy concerns. The two contracts are for an aggregate period of 36 months and are worth around $60m. George Saroglou, COO of TEN, commented: "LNG is on top of the agenda for...
March 15th, 20190Greek dry bulk owner Castor Maritime has entered into a time charter contract with German owner Oldendorff Carriers for its 2004-built 76,500 dwt panamax vessel . The gross charter rate is $11,250 per day, for a minimum of five months up to a maximum of about eight months. The charter commenced on March 12, and is at a...
March 14th, 20190Having sold 2001-built panamxes Danae and Dione last month, Greek dry bulk owner Diana Shipping has moved to sell Samho Heavy sister vessels, the 2001-built Nirefs and Oceanis. The two vessels, now the oldest in Diana’s fleet, are being circulated by brokers to be sold "at best in line with current market”. MSI values both the ...
March 14th, 20190Maran Tankers, a unit of Greece's Angelicoussis Shipping Group, has exercised the second of the two options at South Korean yard Daehan Shipbuilding for the construction of a 158,000 dwt suezmax tanker. The company acquired two resale newbuilding 158,000 dwt suezmax tankers at Daehan originally ordered by Norwegian owner Faerder...
March 13th, 20190Greek owner Baru Delta Maritime is being linked to the acquisition of 2009-built Niovis Shipping supramax . Brokers have reported the sale of the vessel, although the buyer has yet to be confirmed. Splash understands from broking sources that Baru Delta has paid $13.5m for the ship, which VesselsValue values at $12.92m. If the sale...
March 11th, 20190Less than a month after putting them on the market, Taiwan’s Formosa Plastics has sold 2009 South Korean-built LR1 tankers FPMC P Fortune and FPMC P Eagle. Both Seasure Shipbroking and Advance Shipping & Trading are reporting that Greece’s Centrofin has paid $16.1m for the FPMC P Fortune, while Idan Ofer's Eastern Pacific...
March 11th, 20190Greek owner Diana Shipping has entered into a new time charter contract with Cargill for 2005-built capesize . The charter commences on March 14 and is for 20 to 23 months at a rate of $9,750 per day, substantially lower than the $16,250 per day previously being paid by Cargill. Less than two weeks ago, Diana fixed another of its...
March 6th, 20190Chinese ship financing, especially leasing, has increasingly become an important financing source for Greek shipowners, which are known for their great skills in asset play. In a Greek owner panel at Marine Money’s event in Shanghai on Tuesday, representatives said they believe this trend will continue in the next few years.
Jerry...
March 6th, 20190Rome-based owner Finaval is selling one of the last few tankers in its fleet, according to broking sources which report the 2008-built Isola Bianca as sold to Falcon Navigation of Greece for $16m. If confirmed, the price would be in line with the vessel’s market value of $15.5m according to MSI. Falcon Navigation is an...
March 6th, 20190Greek dry bulk owner Diana Shipping has entered into a new time charter contract with Koch Shipping for 2017-built newcastlemax . The charter is for 19 to 22 months at a rate of $16,000 per day, a third less than the $24,000 per day Koch was previously paying for the ship. Koch currently has another Diana newcastlemax on charter, the...
