Ship Sales News

 

South Korea's SK Group to Sell SK Shipping

Oct 01, 2018

South Korea's large family-owned business conglomerate SK Group is planning to get out of shipping by offloading shipping subsidiary SK Shipping Co., on account of the debt burden amid an industry slowdown.According to a report in the Pulse…

Klaveness Combination Carriers Seeks Fund for CLEANBU Vessels

Sep 10, 2018

Norwegian shipping company Klaveness Combination Carriers AS holds several attractive growth options and is now launching a contemplated private placement of shares with total gross proceeds of approximately USD 45-70 million.The owner and operator…

GoodBulk Gets New Credit Facility to Fund Vessel Acquisition

Sep 07, 2018

The bulk investment company focusing on vessels in the second hand market GoodBulk entered into a new credit facility with ING Bank for up to $73.0 million. This facility has an initial term of five years, profile of sixteen years.GoodBulk took delivery of the M/V Aquasalwador…

Samsung Heavy Industries Bags Shuttle Tanker Order from AET

Sep 04, 2018

South Korean shipbuilder Samsun Heavy Industries (SHI) revealed that it has won another 152,700 DWT suezmax-sized shuttle tanker from Singapore's AET.This is another order from the shipowner who ordered a quartet to SHI in May 2018. The price…

AIDAnova Named at Meyer Werft

Sep 02, 2018

The world’s first  liquefied natural gas (LNG) cruise ship, AIDAnova, was christened on August 31 at Meyer Werft  shipyard in Papenburg.The spectacular naming ceremony took place at the completely sold-out AIDA Open Air at the Meyer Werft shipyard in Papenburg…

Ship Finance International Acquires Three Box Ships

Aug 22, 2018

Ship Finance International Limited said it has agreed to acquire three large containerships in combination with long term time charters.The vessels were built in 2015 with approximately 10,600 TEU carrying capacity. The company expects to take delivery of the vessels in the near term…

GasLog Orders LNG Duo at Samsung Heavy Industries

Aug 20, 2018

Monaco-based LNG shipper GasLog  has ordered two 174,000 cubic meter LNG carriers (HN 2300 and HN 2301) with low pressure two stroke (“LP-2S”) propulsion at Samsung Heavy Industries in South Korea, with expected delivery in late 2020.GasLog…

Yang Ming Orders Ten 2,800 TEU Containerships

Aug 15, 2018

Yang Ming Marine Transport Corp. (Yang Ming) signed a contract with CSBC CORPORATION, TAIWAN (CSBC) for the construction of a total of ten 2,800 TEU class full container vessels. The contract was signed by Yang Ming’s Chairman Bronson Hsieh and CSBC’s Chairman Cheng Wen-Lon…

Genco Shipping & Trading Adds Two Vessels to its Fleet

Aug 15, 2018

Genco Shipping & Trading  announced that it has taken delivery of the Genco Endeavour and the Genco Resolute, both of which are 2015-built 180,000 dwt Capesize vessels.The Genco Endeavour and the Genco Resolute are the second and third of six…

WFW Advises CMBFL on Sale, Leaseback of 15 Dry Bulker

Aug 09, 2018

Watson Farley & Williams (WFW) has advised CMB Financial Leasing (CMBFL) on a US$180.4m sale and leaseback transaction with Star Bulk Carriers Corp, a Nasdaq-listed global shipping company providing worldwide seaborne transportation of dry bulk cargoes…

MSC Cruises Pact for USD 1.7bln Loan for New Seaside EVO Ships

Aug 07, 2018

Cruise liner MSC Cruises has reached an agreement for an EUR 1.5 billion (USD 1.74 billion) financing for two new Seaside EVO class cruise ships.BNP Paribas, Unicredit and Cassa Depositi e Prestiti will provide EUR 1.5bn in financing for two Seaside EVO class passengerships…

WFW Advises ING Bank on USD 220mln Nine Vessel Financing

Aug 07, 2018

Watson Farley & Williams (WFW) has advised ING Bank, London Branch (ING) in connection with a US$87m increase to a US$131m loan facility originally granted to Latsco Shipping Ltd (Latsco) to finance the construction of five new high-spec MR product tankers…

Scorpio Bulkers Gets New Build Financing form Nordic Banks

Aug 06, 2018

Scorpio Bulkers announced that it has received a commitment from Nordea AB (publ), acting through its New York branch, and Skandinaviska Enskilda Banken AB (publ) for a loan facility of up to $184.0 million.The loan facility will be used to…

Star Bulk Carriers Completes Acquisition of 16 Dry Bulk Vessels

Aug 03, 2018

Star Bulk Carriers Corp. announced that it has consummated the previously announced acquisition of 16 dry bulk vessels in an all-share transaction, from entities affiliated with Augustea Atlantica SpA and York Capital Management.The final consideration for the Augustea Vessel Purchase is 10…

Teekay Offshore Orders two LNG-fueled Aframax at Samsung Heavy Industries

Aug 02, 2018

Teekay Offshore GP entered into shipbuilding contracts to construct two LNG-fueled Aframax DP2 shuttle tanker newbuildings from Samsung Heavy Industries for delivery in late-2020 and early-2021, bringing the Partnership’s orderbook to six shuttle tankers…

Logistics News

EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

EU Clears CMA CGM's Acquisition of Bollore Logistics, Subject to Conditions

ZIM Names Trio of LNG Containerships

ZIM Names Trio of LNG Containerships

Porto Chibatão Installs Four Harbor Cranes

Porto Chibatão Installs Four Harbor Cranes

Floating Production – A Growing Segment in Transition

Floating Production – A Growing Segment in Transition

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