Ship Sales News

 

Seaspan on Container Ship Buying Spree

Jan 24, 2013

Seaspan Corporation orders 4 newbuild 10,000 TEU container ships and, buys 4 second-hand 4,600 TEU ones.Seaspan has signed contracts for the construction of four 10,000 TEU class newbuilding containerships, at Jiangsu New Yangzi Shipbuilding Co…

World Superyacht Award Winner 'Seriously' for Sale

Jan 22, 2013

Builders Feadship puts its World Superyacht award-winning 45m megayacht for sale at a reduced 29.8 million Euro price.From the moment of her launch Feadship had special plans for the 45-metre Helix. The world's leading luxury motoryacht…

Two Named 2012 IYC Yacht, Charter Brokers of the Year

Jan 16, 2013

International Yacht Collection (IYC) is pleased to announce that Mark Elliott and Barbara Stork Landeweer are the company’s 2012 Yacht and Charter Brokers of Year respectively.  Based on their extraordinary contributions to their clients and IYC…

Deep-sea Submersible Purchase by OceanGate

Jan 15, 2013

OceanGate Inc., provider of deep-sea manned submersible solutions, buys 3-person, diesel-electric submersible 'Lula'f rom Portugal's Rebikoff-Niggeler Foundation.The submarine, which can operate at a depth of 500 meters (1,640 feet), was…

Delta Towing Wins Out in Legal Tussle

Jan 15, 2013

LeBlanc Bland P.L.L.C. announces important Fifth Circuit Maritime Ruling: decision addresses enforceability of liquidated damages provision.An important Fifth Circuit decision in a dispute over the enforceability of a liquidated damages provision -- here…

Frigstad Orders Ultra-deepwater Semi-submersibles

Jan 15, 2013

Subsidiaries of Frigstad Deepwater Ltd sign construction contracts for two ultra deepwater semi-submersible drilling units from CIMC Raffles in Yantai, China.The 7th generation drilling units are of the Frigstad D90™ design, developed by…

Moore Stephens Says Banks Will Take a Firmer Grip

Jan 07, 2013

International accountant and shipping consultant Moore Stephens says the banks will exert more control over the shipping industry in 2013. It also expects vessel values to fall further, and the cost of regulatory compliance to increase.Moore Stephens partner Julian Wilkinson says…

AHTS Sold by Farstad

Jan 03, 2013

Farstad subsidiary, Farstad Shipping, Singapore, sells AHTS 'Lady Cynthia'.The buyers identity is not disclosed, but it is expected the vessel will be deployed in the Indian domestic market.Lady Cynthia was built in 1987 by Hart Fenton with a propulsion power output of 9…

Gulf of Thailand PSV Charter Fixed

Jan 03, 2013

Miclyn Express Offshore's Thai J/V has taken delivery of the PSV 'UM Supporter' from Poet Shipbuilding & Engineering.The vessel immediately entered into a 3 year firm contract, plus two 1 year extension options, to provide coil tubing support…

New Bulker, Drawdown Loans Actioned by Diana Shipping

Dec 23, 2012

Diana Shipping Inc. signs MOU to buy a new-building bulk ship from a third party; subsidiaries negotiate term loan facilities.The new-building Kamsarmax dry bulk carrier, to be named Myrto of 82,131 dwt, was built by Tsuneishi Shipbuilding Co…

Container Ship Sold by Greece's Goldenport

Dec 20, 2012

Container & dry bulk vessel operators, Goldenport Holdings, sells  the 1993-built container vessel 'Bosporus'.The sale, to an unaffiliated third party, Liberty Resources Inc. of Nassau, Bahamas, was for a cash consideration of US$ 7.5 million…

Moore Stephens Rues Missed Opportunity

Dec 17, 2012

International accountant and shipping consultant Moore Stephens says it is regrettable that changes announced for inclusion in the UK Finance Bill 2013 have failed to remove exchange rate distortions from the calculation of capital gains on ships…

Teekay LNG Partners Orders Two LNG Newbuilds

Dec 13, 2012

Teekay LNG Partners L.P. (Teekay LNG or the Partnership) (NYSE:TGP) entered into an agreement with Daewoo Shipbuilding & Marine Engineering CO., LTD., (DSME) of South Korea for the construction of two 173,400 cu. m. Liquefied Natural Gas (LNG) carrier newbuildings…

Seanergy Raise Cash on 'Clipper Glory'

Dec 06, 2012

Seanergy Maritime Holdings Corp. sells 'Clipper Glory', a 30,570 dwt Handysize drybulk carrier built in 2007, for US$11.25-million. The Company used the sale proceeds to reduce debt and for working capital purposes. Following the completion of sale of the Clipper Glory…

No Light at End of World Shipbuilders’ Tunnel

Nov 30, 2012

Drewry Maritime Research’s ‘Annual World Shipbuilding Market Review & Forecast’ highlights bleak prospects for the world’s shipbuilders.Shipbuilding production levels have remained at record high levels exceeding 50 million cgt for two consecutive years (2010 -2011)…

Logistics News

JF Fendercare to Supply Equipment for Terminal Expansion in Singapore

JF Fendercare to Supply Equipment for Terminal Expansion in Singapore

As Shale Oil Gains Slow, Deepwater Port Struggles for Customers

As Shale Oil Gains Slow, Deepwater Port Struggles for Customers

China's Imports of Russian Oil Near Record High

China's Imports of Russian Oil Near Record High

Port of Detroit Unveils Plan to Decarbonize Operations

Port of Detroit Unveils Plan to Decarbonize Operations

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