S&P
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Dry Cargo
Globus sells panamax to pay back loan
Greece’s Globus Maritime has sold a vessel holding company that beneficially owns one of its panamax bulk carriers in order…
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Dry Cargo
Diana adjusts sale price to buy panamaxes more cheaply
Some $535,000 has been knocked off the aggregate price of three panamax bulk carriers being acquired by Diana Shipping from…
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Asia
Precious Shipping sells another handy bulker
Thailand’s Precious Shipping has sold a 21-year-old handysize bulk carrier for $1.51m as part of its fleet renewal programme. The…
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Asia
Mercator’s creditors take action to sell bulker
Creditors of Mercator Lines (Singapore) are pushing a court sale of one of the now-bankrupt company’s panamax bulk carriers –…
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Asia
Brave Maritime fixes two capes, Winning Shipping buys two
Today brought a glimmer of interest to the otherwise dull capesize bulk carrier market: Brave Maritime has fixed two capes…
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Asia
Chambal sells the first of its aframaxes at a book loss
India’s Chambal Fertilisers & Chemicals has sold its first aframax tanker at a book loss of around $17.4m, after announcing…
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Europe
D’Amico buys product tanker from itself
D’Amico Tankers Limited (Ireland) has agreed to acquire the product tanker Cielo di Milano (40,081 dwt, built 2003) from its…
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Europe
Farstad continues selling its vessels at a loss
Farstad Supply has sold its anchor handling tug support (AHTS) vessel Far Sea, which is the sixth vessel to be…
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Europe
Farstad sells PSV at a $7m book loss
Farstad Shipping has sold another vessel, this time its 2002-built platform support vessel (PSV) for an undisclosed sum. The sale…
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Middle East
Bahri buys VLCC from Hanjin Shipping
The National Shipping Company of Saudi Arabia (Bahri) has confirmed it has signed a memorandum of agreement (MoA) to buy…
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Europe
Dorian LPG confirms sale of its oldest LPG carrier
Dorian LPG has confirmed the sale of its oldest LPG carrier, (5,016 cbm, built 1996), which will allow the NYSE-listed company…
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Asia
Coastal Contracts sells three OSVs and other vessels for $44m
Malaysia’s Coastal Contracts has sold three of its offshore support vessels (OSVs) and five low-end vessels to unnamed buyers for…
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Europe
Scorpio Tankers sells five MRs to Bahri
NYSE-listed Scorpio Tankers is to sell five MR product tankers to the National Shipping Company of Saudi Arabia (Bahri) for…
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Europe
Gaslog confirms LNG carrier sale and lease-back
GasLog Ltd has sold its 170,000-cbm LNG carrier to a subsidiary of Mitsui Co Ltd and will lease the vessel…
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Asia
Bankrupt Shandong Huahai’s last newbuilding auctioned off
A handysize bulk carrier still under construction at the now bankrupt Shandong Huahai Shipbuilding in China has been auctioned to…
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Americas
Teekay Tankers confirms aframax acquisition from Teekay Offshore
Teekay Tankers has confirmed it purchased two aframax lightering tankers from Teekay Offshore in December for $80m en bloc, which…
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Containers
Diana Containerships scraps a panamax
Diana Containerships has signed an agreement to sell its panamax boxship to an unnamed buyer for around $5.04m, minus commission.…
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Europe
Farstad Shipping suffers $148m in impairment losses during 2015
Offshore shipping company Farstad Shipping says it will undertake NOK1,279m ($148m) in impairment losses during its fiscal year 2015. Of…
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Dry Cargo
Belships sells another bulker newbuilding and leases back
Norway’s Belships has sold an ultramax bulk carrier newbuilding to Japanese interests, from whom the company will lease the vessel…
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Dry Cargo
Petrobras cancels its charter of a DryShips PSV, bulker sales to Economou fail
DryShips’ newly acquired platform supply vessel (PSV) has had its contract cancelled by its charterer Petrobras, incurring a $2.2m loss…
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