The ownership of dry bulk ships has changed hands at blistering speed in the first three months of 2021, says shipping organization BIMCO, pointing out that the course is now set for a record year in the bulk ship sale and purchase market.A total of 794 ships were bought and sold in 2020, with the smaller sectors of Handysize and Supramax being most popular. Not even three months into 2021, 279 dry bulk ships have been traded…
Despite significantly weaker freight rates, the average price for five-year-old container ships has increased 17% year-on-year and 6% since the beginning of 2025,” says Niels Rasmussen, Chief Shipping Analyst at BIMCO.The average per TEU price…
Stena Bulk completed the sale of two of its LNG carriers – Stena Crystal Sky and Stena Clear Sky – to BW LNG.As part of the sale, BW LNG will assume the existing charters for both vessels.Both vessels were originally delivered in 2011 from Daewoo Shipbuilding & Marine Engineering in South Korea…
Genoese group Ignazio Messina & Co.has been taken delivery of the container vessel Jolly Rosa. Flying the Italian flag and enrolled in the International Registry at the Genoa Port Authority, the ship measures 260 x 32m with a gross tonnage of 42…
Nova Marine Carriers group of Lugano, which is headed by the Bolfo Gozzi and Romeo families, announced the acquisition of two new ships, finalizing the purchase in Japan of the (renamed) Sider Ambos, a 20,000 dwt bulk carrier, built in 2017…
Stolt Tankers acquired two 15,000 dwt stainless steel chemical tankers built in 2018 and 2019 respectively. The ships will be named Stolt Condor and Stolt Tucan, joining Stolt Tankers’ Inter-Caribbean service (SNICS) improving Stolt Tankers’…
Law firm Squire Patton Boggs (SPB) has partnered with freight market information organization The Baltic Exchange to provide a vessel sale and purchase (S&P) transaction closing service for the global shipping industry. The service will be led…
Nova Marina Carriers, the Lugano based shipping company (controlled by the Romeo and Bolfo/Gozzi families), confirmed the purchase of two new 39,000 dwt bulk carriers, presently owned by the Swire China Navigation group in Hong Kong. These new vessels are due to be delivered to the company shortly…
Container feeder operator SAFEEN Feeders, part of the AD Ports Group, announced it has acquired a containership that will join its feeder service fleet in the Arabian Gulf.SAFEEN Pearl, formerly called Vega Virgo, will be deployed in its UAE Coastal Service (UCO) providing connection to UAE ports…
BIMCO’s Shipping Number of the Week: Secondhand container ship deals jump over 100% in H1 2021During the first half of 2021, a total 277 container ships have changed hands, a 103.7% jump from 136 ships bought and sold in the same period of 2020 (source: VesselsValue)…
German container liner Hapag-Lloyd will make more investments in vessel capacity this year to grow in line with the global market, where it is the number five operator, Chief Finance Officer Mark Frese told analysts on Wednesday.Apart from the unspecified further investments in containers…
Seaspan Corporation has taken delivery of four 12,000 TEU vessels, each having commenced five-year time charters with a global liner, the ship owner announced Thursday.Three of the eco-modern containerships were built in 2018, and the other in 2017…
Performance Shipping Inc. (NASDAQ: PSHG) has taken delivery of the M/T P. Kikuma (formerly FSL Shanghai), a 2007-built Aframax tanker of 115,915 dwt that the company entered into an agreement to purchase in February 2020.'M/T P. Kikuma marks…
The provider of marine transportation of dry bulk commodities Scorpio Bulkers has entered into agreements with unaffiliated third parties to sell two ultramaxes and one kamsarmax for about $53.5 million in aggregate.The vessels are the SBI Jaguar and SBI Taurus…
Diana Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement (MoA) to sell to an unaffiliated third party, the 2002-built vessel Norfolk.The global shipping company specializing in the ownership…
