S&P
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Dry Cargo
Wilson sells another small bulker
Wilson has sold its 40-year-old singledecker bulk carrier to an unnamed Marshall Islands-registered company for $518,500. The vessel was due to undergo…
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Europe
Karadeniz linked to another vessel buy
Brokers are reporting that Karadeniz has purchased a Japan-built aframax tanker, , from Greek owner LL Energy for $11.8m. The 18-year-old…
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Europe
Concordia Maritime sells and leases back tanker
Sweden’s Concordia Maritime has signed a $37.5m sale and leaseback deal for its MR chemical/product tanker with “large Japanese financial…
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Asia
Precious eyes ultramax acquisitions and supramax sales
Thailand’s Precious Shipping reportedly plans to sell its nine supramax bulk carriers and replace them with secondhand ultramaxes, having already…
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Asia
Precious sells another bulk carrier
Precious Shipping has sold another bulk carrier to an unnamed buyer at a price of $2.35m as part of its…
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Europe
Chang Myung sells another capesize, ER Schiffahrt sales rumoured too
The week has closed with another capesize being sold, and negotiations for three more sales are ongoing, brokers tell Splash.…
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Asia
Winning Shipping buys ex-Hanjin-chartered capesize
China’s Winning Shipping has bought a capesize from Kumiai Senpaku that was formerly on charter to Hanjin Shipping, which entered…
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Europe
Tufton Oceanic continues buying spree with two more bulkers
Tufton Oceanic has reportedly bought two handysize bulk carriers, which are the fifth and sixth vessels to be acquired by…
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Europe
NSC Schifffahrtsgesellschaft sells four post-panamax bulk carriers
Germany’s NSC Schifffahrtsgesellschaft has sold four post-panamax bulk carriers to unnamed European buyers for a combined price of $41.1m, according…
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Asia
Maersk Supply sells two anchor handlers to Karadeniz
Maersk Supply has sold two of its anchor handling tug supply (AHTS) vessels to Karadeniz of Turkey. The sale price…
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Asia
Chang Myung sells two capes
Bankrupt Korean carrier Change Myung has sold two capesize bulk carriers for $18.7m each, a much firmer price than seen in previous…
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Asia
Precious confirms demolition of another handy bulk carrier
Precious Shipping has confirmed it has scrapped another bulk carrier, which will be the eleventh vessel sold for demolition by the Thai…
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Asia
Precious scraps another two handy bulk carriers
Precious Shipping has scrapped two handysize bulk carriers – bringing the total number of vessels scrapped this year by the Thai…
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Dry Cargo
The Broker Badger: penny-pinching in the S&P market
It’s August so, generally speaking, shipping markets are pretty dead right now. “Everybody’s on bloody holiday,” one beleagured broker (who…
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Dry Cargo
NewLead bulker sold at auction
NewLead Holdings’ disputed bulk carrier has been sold at action in the US for $7.4m to Singapore’s MT Maritime Management.…
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Asia
Sale of Lundin FPSO falls through
Sweden’s Lundin Petroleum plans to sell its floating production storage and offloading unit to Malaysia’s M3nergy have been abandoned. The…
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Americas
Siem Offshore sells PSV
Siem Offshore has sold its 1996-built platform support vessel (PSV) to an unnamed buyer at a “confidential” price. “The new…
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Finance and Insurance
UASC may sell chemical tanker unit UACC
United Arab Shipping Co (UASC) is considering the sale of its stake in United Arab Chemical Carriers (UACC) as part of…
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Asia
Teekay Tankers sells MR as asset values plummet
Teekay Tankers has sold its Korean-built MR chemical/product tanker Teesta Spirit (46,900 dwt, built 2004) to unknown Greek interests for…
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Asia
MOL gas carrier sale shows declining asset values
Dire rates for LPG carriers have wiped millions of dollars off vessel values over the past six months, data shows.…
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