Greece
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Asia
Winson takes aframax for $11.5m
Stealth Maritime has committed on subjects their 2001-built aframax to Winson Oil for around $11.5m with special survey and drydocking…
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Europe
Star bags a Daiichi bulker
Star Bulk has pounced for a bulker belonging to Daiichi Chuo, the Japanese bulker firm that sought court protection 16 months…
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Europe
Thalkat adds Japanese supramax
Hiroshima-based Hisafu Kisen has sold the 11-year-old supramax for a price in the high $8ms to Thalkat Shipping of Greece.…
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Europe
DryShips shares in free fall after reverse stock split announced
George Economou’s DryShips announced an 8 for 1 reverse stock split yesterday which sent the share price tumbling over 36% to just…
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Europe
Diana seals time charters for pair of capesizes
Diana Shipping has entered into two separate time charter agreements for capsize vessels Santa Barbara and Salt Lake City. 2015-built…
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Europe
New Shipping takes modern VLCC for $60m
Following much speculation over the past few months, HNA Group has finally disposed of the modern VLCC for around $60m,…
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Europe
Chartworld chases bulker trio
Greece’s Chartworld has roared back into action with a trio of acquisitions, making the most of the bargain secondhand prices…
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Europe
Diana Shipping wins new Koch charter and extension with Cargill
Diana Shipping has sealed a time charter contract with Singapore-based Koch Shipping for 2013-built capesize vessel . The charter is…
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Americas
Greeks fined for oily discharge in Wilmington
Two Greek shipping companies were sentenced yesterday to pay penalties totalling $2.7m after being convicted for obstructing justice, violating the…
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Europe
Kassian Maritime acquires resale bulker from Jinhai Heavy Industry
Greek owner Kassian Maritime has acquired an 82,000dwt bulk carrier from HNA-affiliated yard Jinhai Heavy Industry. The purchase price for…
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Europe
DryShips shares sink on concerns over new gas deals
Shares in George Economou’s DryShips continue to set new 52-week lows as investors desert the company in big numbers on the…
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Europe
Empire Bulkers pays $8m for panamax
One of 2016’s busiest bulk sellers has sold a ship to one of the year’s busier buyers. Empire Bulkers of…
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Europe
Pleiades Shipping takes two at Hyundai Mipo
After a dreadful 2016 South Korean yards have won more orders in the first 10 days of 2017 than it…
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Europe
Busy Andromeda seals suezmax deal
Broker sources say Monaco’s Andromeda Shipping has bought the 150,900 dwt, NKK-built for $12m from Greek owner Kyklades. The price…
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Greater China
Two bulkers collide off Shanghai
Two capesize bulk carriers and Spartacus collided in the East China Sea near Shanghai this morning. Spartacus suffered minor damage…
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Europe
DryShips takes option on first of four VLGCs
George Economou’s DryShips has made good on its plans to move into gas shipping, exercising an option for one of…
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Europe
Franco Naviera snaps up bargain Japanese handymax
Greek owner Franco Naviera has picked up a bargain Japanese 2008-built handymax bulker for just $10.1m, at least $2m cheaper…
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Dry Cargo
DryShips eyes George Economou’s gas ships
George Economou’s DryShips has entered into a “zero cost” option agreement with TMS Cardiff Gas, also controlled by Economou, for…
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Europe
DryShips poised for acquisitions
George Economou’s DryShips has closed a previously announced $200m refinancing deal with Sifnos Shareholders, an entity controlled by Economou, and…
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Asia
Evalend secures Hanjin tanker quartet
In a busy final few days of the year Kriton Lentoudis’s Evalend Shipping has finally nailed down the sale of…
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