Ship Sales News

 

Navios Maritime Containers Acquires Three Containerships

May 07, 2018

Navios Maritime Containers, a growth vehicle dedicated to the container sector, announced  that it agreed to acquire three containerships for a total purchase price of $117.25 million.  Navios Containers agreed to acquire two 8,204 TEU containerships…

Capital Products Acquires M/T Anikitos

May 07, 2018

Capital Product Partners L.P. has announced that it has completed the previously announced acquisition of the M/T Anikitos, an eco-type MR product tanker (50,082 dwt IMO II/III Chemical Product Tanker built 2016, Samsung Heavy Industries (Ningbo) Co…

International Seaways Confirms Acquisition of Six VLCCs from Euronav

May 04, 2018

Tanker company International Seaways said that it has entered into a stock purchase and sale agreement to acquire the holding companies for six VLCCs from Euronav NV in connection with the closing of Euronav’s announced acquisition of Gener8 Maritime…

Nordic American Tankers to Sell Tanker Pair

May 03, 2018

Bermuda-based Nordic American Tankers (NAT) is planning to sell two of its older suezmaxes, thus reducing its fleet size to 31 tanker vessels.  NAT described the move as a means of “retaining the flexibility of NAT going forward”. 'We…

Grimaldi Group Orders New RoRo Vessels

Apr 30, 2018

In the framework of the expansion and modernisation programme of its owned fleet, as anticipated in the last months, the Grimaldi Group has signed yesterday an agreement for the construction of six ro/ro vessels, for a total investment worth over USD 400 million…

Caledonian Maritime Assets Buys Three Ferries

Apr 30, 2018

A deal has been agreed for the three passenger ferries serving the Northern Isles to be purchased outright by Caledonian Maritime Assets Ltd (CMAL) with loan funding from the Scottish Government. The MV Hamnavoe, MV Hrossey and MV Hjaltland…

Baltic Exchange Launches Escrow Service for Vessel Sales

Apr 25, 2018

The Baltic Exchange announced it will launch an Escrow Service for its members to hold deposits for ship sale transactions.The paid-for service will be available from May 2018 for use in transactions where the buyer of the vessel is a Baltic Exchange member…

Grimaldi Christens Grande New York

Apr 23, 2018

The Grande New York, part of the new fleet of the Grimaldi Group, was christened in the Port of NY-NJ at Port Newark Auto Marine Terminal (FAPS).  Godmother was Amanda Matilda Cuomo Cole, granddaughter of former late NY Governor, Mario Cuomo and niece of current NY Governor Andrew Cuomo…

South Korea Eximbank Pledges Huge Loans to Shipping

Apr 22, 2018

As part of the government's large-scale rescue plan for shipping sector, the Export-Import Bank of Korea  (Korea Eximbank) sets a figure for loans and guarantees to the country's shipping sector.  According to Yonhap, Korea Eximbank will funnel more than 800 billion won ($749…

Star Bulk Acquires 16 Ships

Apr 21, 2018

Star Bulk Carriers Corp. agreed to acquire 16 vessels from entities affiliated with Augustea Atlantica SpA and York Capital Management in an all-share transaction. As consideration for the Vessel Acquisition, Star Bulk has agreed to issue approximately 10…

Star Bulk Carriers Acquires 16 Vessels

Apr 20, 2018

Star Bulk Carriers Corp announced that it has agreed to acquire 16 vessels from entities affiliated with Augustea Atlantica SpA and York Capital Management in an all-share transaction. As consideration for the Vessel Acquisition, Star Bulk has agreed to issue approximately 10…

20,000 TEU Cosco Shipping Gemini Delivered

Apr 20, 2018

The 20,000 TEU containership Cosco Shipping Gemini was officially named and delivered. The vessel was built by the Chinese shipyard Dalian Shipbuilding Industry (DSIC) for Chinese owner Cosco Shipping Lines. Chief Financial Officer of Cosco Shipping…

Navios Maritime Acquisition Corporation Inks Sale and Leaseback Pact

Apr 19, 2018

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that it has completed a $71.5 million sale and leaseback agreement  for four MR2 product tankers. The proceeds have been used to extinguish $69.25 million of indebtedness…

Scorpio Bulkers Refinances Ultramax Vessel

Apr 17, 2018

Monaco-based Scorpio Bulkers announced that the Company has entered into a financing transaction in respect of one of the Company’s Ultramax vessels with an unaffiliated third party in Japan. As part of the transaction, the Company will sell a 2015 Japanese built Ultramax dry bulk vessel…

Crowley Acquires Three SeaRiver Tankers

Apr 17, 2018

Crowley Alaska Tankers, LLC, has completed its acquisition of three tankers from SeaRiver Maritime Inc. and is now chartering the vessels back to SeaRiver under varying multi-year terms.The tankers Liberty Bay and Eagle Bay, now under Crowley…

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