Mercator Lines (Singapore) Indian-owned international dry bulk shipping company cuts short charters, sell a ship.The sale of the vessel Sri Prem Putli was concluded on 21st March, 2013 resulting in net proceeds of USD 44.4 million. The proceeds…
Diana Containerships Inc. has taken delivery of the m/v “Hanjin Malta”, a 1993-built Panamax container vessel of 4,024 TEU capacity.The Hanjin Malta is time chartered to Hanjin Shipping Co. Ltd., Seoul, for a period of minimum thirty-six and…
Nordic American Tankers Limited (NAT) is to acquire a Suezmax tankship delivered to its owners earlier this year .The company has entered into a preliminary agreement to acquire a modern double-hull Suezmax tanker delivered from a top yard in South Korea in early 2013…
Kadey-Krogen Yachts appointed Bob Peterson as sales executive, along with wife Jeni Peterson, based out of the company's corporate office in Stuart, Florida.Bob Peterson began cruising in the Pacific Northwest from his home state of Oregon to Canada and the Inside Passage…
Vietnam's Ministry of Transport (MOT) propose law be amended to enable scrapping of some 22 Vietnam owned ships flying flags of convenience.According to VietnamNet Bridge a recently released MOT report showed that there are many state-owned and private ships berthed in Vietnam…
New AVT 3000 Class Voith Schneider tugboat for Carbonnes del Cerrejón completes delivery voyage from Turkey to Colombia.The new tugboat, Media Luna, sailed into Puerto de Bolivar, Colombia to be welcomed by other Cerrejón towing vessels providing fire monitor displays…
Hercules Offshore executes a definitive agreement to acquire the liftboat 'Titan 2' from a subsidiary of KS Energy Ltd.The purchase price is $42 million in cash. The Titan 2 is a 280 foot class vessel, constructed in 2008, registered and flagged in Panama…
Windstar’s owner, Xanterra Parks & Resorts®, to double its fleet with the purchase of three small Seabourne cruise ships.The company has agreed to buy Seabourn Pride, Seabourn Legend, and Seabourn Spirit. Under the project name 'Global Windstar'…
New Orleans headquartered Harvey Gulf International Marine, LLC is pleased to announce that Mike Carroll will be joining the organization in March in the position of Sr. Vice President of New Construction and Special Projects based in Houston…
As of this week, Damen Shipyards Group is the new owner of Dutch ship repair yard Shipdock. Shipdock, a well-known shipyard group with roots dating back to 1877, operates facilities in Amsterdam and Harlingen. The yard will continue its ship repair and conversion services…
The R/V 'Cape Hatteras' is for sale after 31 years service to Duke-University of North Carolina Oceanographic Consortium (DUNCOC). Currently on the market with an asking price of $1.25 million, the ship's future owner will acquire a legendary…
Mercator Lines (Singapore) agrees to sell its 279,022 dwt VLOC 'Sri Prem Putli'.The vessel was built in 1993 and converted from Very Large Crude Carrier (VLCC) to Very Large Ore Carrier (VLOC) in 2009.The Vessel is expected to be delivered to its buyers in March 2013…
OW Bunker acquire two bunker barges for Nordic operations: 'OW Copenhagen' and 'OW Aalborg'.Prior to the acquisition, OW Bunker operated both vessels on a bare-boat charter from international shipping company the Clipper Group.OW Copenhagen and OW Aalborg are modern double-hulled 3…
Diana Shipping Inc. (NYSE:DSX), through a separate wholly-owned subsidiary, took delivery of the M/V Myrto, a 82,131 dwt newly built Kamsarmax dry bulk carrier that the company entered into an agreement to purchase in December 2012. The M/V Myrto is time chartered to Cargill International S…
Tsakos Energy Navigation Limited (TEN) charters out ice-class aframax product tanker 'Propontiss', & sells two oldest vessels.The company announce the charter of its 2008-built 1A ice-class aframax product tanker Propontis to Northern European end-users for two years…
