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...
December 28th, 20190Greek dry bulk owner Diana Shipping has sealed an agreement to sell 2005-built panamax bulker for $7.275m. The vessel, which is valued at $8m by VesselsValue, is scheduled to be delivered to the unnamed buyer by the end of January. Diana Shipping has been consistently selling off its panamaxes for over a year, the Calipso the...
December 24th, 20190Greek tanker owner Top Ships has entered into an agreement with a major Chinese financier to secure up to $60.2m financing for two newbuilding MR tankers. Top Ships had earlier this month acquired two companies, Santa Catalina and Santa Monica, that have newbuildings contracts for two scrubber-fitted 50,000 dwt product tankers from an...
December 24th, 20190Greek owner Spring Marine has taken over the 2008-built 47,500 dwt MR tanker from Japanese owner Fukujin Kisen. Both Seasure Shipbroking and Advance Shipping & Trading report that the Onomichi-built vessel has been sold to Spring Marine for a price of $16m, significantly higher than VesselsValue's valuation of $14.53m. The...
December 23rd, 20190Velos Tankers, set up by Paschalis Diamantides, has continued to pick up vessels in the secondhand market at pace since making its first acquisition in August. According to multiple brokers, Velos has acquired 2007-built LR1 from Japan’s MOL for a price of $15.25m. The price is slightly above the VesselsValues market value of...
December 23rd, 20190Greek owner Liquimar Tankers, along with its affiliate company Evridiki Navigation and a chief engineer Nikolaos Vastardis, have been convicted by a federal jury in the US for a series of charges relating to ocean pollution. The charges include violating the Act to Prevent Pollution from Ships, falsifying ship’s documents,...
