Ship Sales News

 

Ocean Yield Buys Ethylene Gas Carrier

Oct 10, 2019

Norwegian shipowner Ocean Yield ASA has agreed to acquire Navigator Aurora, a 37,300 cbm ethylene gas carrier owned by Navigator Gas.According to agreement, the ship will be purchased for a total consideration of USD 69.75 million net of a seller’s credit…

Belships Offloads Supramax Bulk Carrier

Oct 08, 2019

Norwegian shipping company Belships has entered into an agreement for a bareboat charter and subsequent sale of its 50,000 dwt Supramax bulk carrier Beleast.According to an agreement with Marti Shipping & Ship Management of Turkey Belships'…

Scorpio Buys 19 Tankers from Trafigura

Sep 29, 2019

Monaco-based petroleum products shipping firm Scorpio Tankers has signed a deal to acquire 19 product tankers from Trafigura Maritime Logistics for around $803 million.The acquisition of the leasehold interest in the vessels includes a finance…

Maersk Tankers Acquires Seven AET Vessels

Sep 26, 2019

Product tanker operator Maersk Tankers has now completed its acquisition of seven chemical tanker ships, which the company wil take over from AET Tanker Holdings, a Malaysian-owned global shipping company specializing in the ocean transport of crude oil and refined products…

JR Shipping Adds 2 Container Feeder Ships

Sep 24, 2019

Netherlands' short sea shipping firm JR Shipping has expanded its container feeder fleet by purchasing a vessel and entering into a new management contract.According to a press note from the Harlingen-based shipowner and manager, the two vessels were transferred to the shipping company…

Scorpio Sells Two Ultramax Bulkers

Sep 23, 2019

Scorpio Bulkers Inc. (NYSE:SALT) (“Scorpio Bulkers) has announced that the company has entered into agreements with an unaffiliated third party to sell the SBI Puma and SBI Cougar, 2014 and 2015 built Ultramax vessels, respectively, for approximately $37…

Algoma Acquires Croatian-Built Vessel

Sep 20, 2019

Canadaian provider of marine transportation services Algoma Central Corporation has reached an agreement with 3Maj Brodogradiliste of Croatia under which Algoma will acquire a new Equinox Class 650’ self-unloading dry-bulk carrier upon completion of the vessel by the Shipyard…

Frontline Says No to Tankers Options from Trafigura

Sep 18, 2019

The world's largest oil tanker shipping company Frontline Ltd has declined options to buy four more tankers from Trafigura Marine Logistics (TML) and said that it will keep to buying only 10 tankers.Last month, the Bermuda based company announced…

Pelita Samudera Buys Handysize Bulker

Sep 18, 2019

Indonesian shipping and logistics company Pelita Samudera Shipping (PSS) has bought one bulk carrier from Singapore-based Convivial Navigation Co. Pte.Purchase price of the handysize class MV is USD7.53 million.  PSS is settling 20% of the amount in cash and the remaining 80% in PSS shares…

Navios Maritime Holdings Buys Vessels

Sep 05, 2019

The seaborne shipping and logistics company Navios Maritime Holdings took delivery of the Navios Herakles I, a newbuilt bareboat chartered-in Kamsarmax of 81,600 dwt.The dry bulk owner has also acquired from an unrelated third party, a previously chartered-in vessel…

Grindrod Shipping Updates on Fleet

Aug 28, 2019

Grindrod Shipping Holdings, a global provider of maritime transportation services in the drybulk and product tanker sectors, announced that it took delivery of the IVS Phoenix, a Japanese-built eco ultramax drybulk carrier newbuilding in June 2019…

Diamond S Shipping Sells Two Vessels

Aug 18, 2019

Connecticut-headquartered Diamond S Shipping Group Inc. (DSG) announced that it has agreed to sell two of its 2008-built medium-range product carriers as part of its fleet renewal initiatives.The vessels - the Atlantic Aquarius and Atlantic…

Nakilat Profits Rise 7%

Jul 10, 2019

Nakilat said for the first half of the year ended June 30, 2019 that it achieved a net profit of $130 million compared to $122 million during the same period in 2018, an increase of 7%.Nakilat’s financial performance is driven by the acquisition…

Tufton Oceanic Buys Boxship

Jul 01, 2019

United Kingdom-based closed-ended investment company Tufton Oceanic (SHIP) has reached an agreement to acquire a container ship for $28.6m. The new ship will take the company’s fleet size to 15 vessels.The new ship has a time charter of approximately 5…

GSL Acquires Three Boxships

May 23, 2019

Marshall Islands-incorporated Global Ship Lease (GSL) announced that it has agreed to acquire three 2004-built, 7,849 TEU containerships for an aggregate purchase price of $48.5 million.Upon delivery during the second quarter, the first vessel will commence a five-year charter with Maersk Line…

Logistics News

Vitol Bunkers Receives its First Biofuel Barge in Asia

Vitol Bunkers Receives its First Biofuel Barge in Asia

Biden Executive Order Targets Cybersecurity at US Ports

Biden Executive Order Targets Cybersecurity at US Ports

ARC Keeps the Cargo Rolling

ARC Keeps the Cargo Rolling

Cavotec Inks Service Deal with APM Terminals at the Port of Tanger Med

Cavotec Inks Service Deal with APM Terminals at the Port of Tanger Med

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