COSCO Singapore announces delivery from its Chinese shipyards of two bulk carriers to European owners COSCO Corporation (Singapore) Limited announces that subsidiaries of the Company’s 51% owned COSCO Shipyard Group Co., Ltd have made the following deliveries: 1. COSCO (Zhoushan) Shipyard Co., Ltd has delivered a bulk carrier of 57000 DWT, “FEDERICA”, to its European buyer. 2. COSCO (Guangdong) Shipyard Co., Ltd has delivered a bulk carrier of 57000 DWT, “CONTI FUCHSIT”, to its European buyer. The bulk carriers of 57000 DWT measure 189.99 meters in LOA (length of all), 32.26 meters in breadth and 18 meters in depth.
Stealthgas, a ship-owning company serving the liquefied petroleum gas (LPG) sector of the international shipping industry, announced the deliveries of the M/V Gas Sophie and the M/V Gas Haralambos, the sale of the M/V Gas Oracle, the M/V Gas Renovatio and the M/V Gas Nemesis, new chartering arrangements for the M/V Gas Emperor and the M/V Gas Tiny and the appointment to its Board of Directors of Lambros Babilis as an Executive Director and Deputy Chairman.
Latest Vessel Acquisition Will Generate Immediate Returns In the Current Strong VLCC Market Tsakos Energy Navigation Limited (TEN) announced that it has taken delivery of the 299,700 dwt double hull VLCC M/T Maersk Estelle, built in Denmark in 1994. The vessel, renamed La Madrina, will immediately enter into a 40-day voyage loading West African crude for an oil major for discharge either in the US Gulf or in Continent/Med while the Company considers opportunities for longer- term
Seanergy Maritime Holdings Corp. announced today that it has closed on its previously announced delivery and settlement agreement with its remaining lender to unwind its final secured credit facility. The company has sold its four remaining bulk carriers to a nominee of the lender in full satisfaction of the underlying loan. In exchange for the sale, approximately $146 million of outstanding debt and accrued interest were discharged and the company’s guarantee has been fully released
Navios Maritime Acquisition Corporation an owner and operator of tanker vessels, announced that the Nave Neutrino, a 2003-built VLCC of 298,287 dwt, was delivered today. The Company also announced that the Nave Neutrino has been chartered out to a quality counterparty for six months at a rate based on an adjusted BITR TD3 index with an option for an additional six months period. Following the delivery of the Nave Neutrino
Harvey Gulf International Marine, LLC accepted the M/V Harvey Deep-Sea from Eastern Shipbuilding Group, Inc. on July 22, 2013. Following delivery of the vessel from Eastern’s Nelson Yard in Panama City, Fla., the Harvey Deep-Sea took its first journey to Associated Terminals in Port of St. Bernard, La., and with the assistance of Bisso Marine, installed the NOV 165mT heave compensated knuckle boom crane with capacity to lower 100mT to 3,000m/10,000ft.
Dorian LPG Ltd., a leading owner and operator of modern Very Large Gas Carriers ("VLGCs"), today reported that it has taken delivery of the ECO VLGC "Corsair" from Hyundai Heavy Industries. The "Corsair" will initially trade in the spot market and is the second newbuilding to be delivered to the Company this year. Dorian LPG is a liquefied petroleum gas shipping company and a leading owner and operator of modern VLGCs
No tankship orders noted the past week by Clarkson Hellas in their latest S&P Weekly Bulletin, but no lack of orders in the dry bulk carrier market, all from Far East shipbuilders. Dry bulk carriers Foremost Maritime are understood by Clarkson Hellas to have added a further four 180,000 dwt Capesize to their orderbook at Beihai, taking the series to six vessels. Delivery is planned from end 2015 and through 2016.
Globus Maritime Announces the Delivery of the Supramax "Sun Globe," Expanding Fleet to Seven Vessels. Globus Maritime Limited ("Globus" or the "Company"), (NASDAQ: GLBS), a dry bulk shipping company, announced that it has taken delivery of the M/V "Sun Globe," a 2007-built Supramax dry bulk carrier it acquired for a purchase price of $30.3 million, which the Company had previously announced in March 2011.
China & Japan shipbuilders scoop the pool of international shipbuilding orders according to the latest Clarkson Hellas S&P Weekly Bulletin. Dry bulk ships Clarkson Hellas says that Pan Ocean has placed an order for two firm 207,000 dwt Newcastlemaxes at New Times, with both vessels due to deliver within the second half of 2016. Also in China, Conti Reederei have extended their order for 64,000 dwt Ultramax to a total of 20 vessels by declaring a further eight options
Diana Shipping Inc. announces delivery of the newly built Capesize Dry Bulk Carrier m/v Santa Barbara; time charter contracts for m/v Polymnia with Vroon and m/v Danae with Glencore Diana Shipping Inc. announced that, through a separate wholly-owned subsidiary
Navig8 Chemical Tankers Inc. is pleased to announce that it has signed resale purchase agreements with an agribusiness group to purchase two ECO 49,000 dwt chemical tankers currently under construction at Hyundai Vinashin Shipyard Co. Ltd. that were originally ordered by the Seller
Krill Systems Inc., a producer of Vessel Fuel Measurement and Monitoring Systems (VFMMS), announced delivery, installation and successful sea trials of three more systems to Island Tug and Barge Ltd. of Richmond B.C. Canada. The newly fitted vessels, Island Scout, Island Brave and Cindy Mozel
Scorpio Tankers Inc. (NYSE: STNG) (the "Company") announced today that it has reached an agreement with an unrelated third party to purchase an MR product tanker that is currently under construction at SPP Shipbuilding Co., Ltd. of South Korea ("SPP")
Scorpio Tankers Inc. says it has updated its stock buyback program; lists its latest new vessel deliveries, and gives the release date of its second quarter 2014 earnings report. Stock Buyback Program The company has purchased 6,327,861 of its common shares in the open market at an average
Orders for gas carriers placed with Korean and Japanese shipyards figure prominently amongst the latest newbuilding orders noted in the latest Clarkson Hellas S&P Weekly Bulletin. Dry bulk carriers Pan Ocean have placed an order for two firm 207,000 dwt Newcastlemaxes at New Times
GasLog Ltd. is pleased to announce the delivery of the fully owned LNG carrier Solaris, from Samsung Heavy Industries Co., Ltd. She today, commenced a medium-term charter to Shell Tankers Singapore (Private) Limited, a subsidiary of Royal Dutch Shell plc
Scorpio Tankers inform of a new $150 million stock buyback program; initial purchasers' exercise of their option to purchase additional $60 million in convertible senior notes due 2019, and newbuilding vessel deliveries. Main points follow: New $150 Million Stock Buyback Program
Kawasaki Kisen Kaisha, Ltd., Tokyo, (hereafter called "K" Line) announced delivery of "GALAXY RIVER", an 82,200 cbm-type LPG Carrier at Sakaide Shipyard of Kawasaki Shipbuilding Co., Ltd., Japan on June 27, 2014.
Newbuilding activity has continued at a steady pace this week with a number of new orders reported across dry bulk ships and tankers by Clarkson Hellas in their latest S&P Weekly Bulletin, as follows: Dry bulk carriers Tsuneishi have taken an order at their Cebu facility in the Philippines
Scorpio Tankers Inc. gives details of its agreement to acquire some of its own common shares; to buy back stock; and also sets out a fleet update. Scorpio Tankers Inc. says it has entered into an agreement to purchase from an existing shareholder 7,500
Navios Maritime Acquisition Corporation Announces Delivery of One MR2 Product Tanker With Employment and Sale of One VLCC Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that the Nave Jupiter, a new building MR2 product tanker of 49,999 dwt
MAC / Mawei Shipyard announced the successful launching of the Stanford Mustang, a 50m AHT with a special low air draft design, to enable the safe passage below the bridges that connect the offshore installations. The Stanford Mustang is a MMC 950 design
Far East shipbuilders scoop the pool of latest big ship newbuilding orders reports Clarkson Hellas in their latest Weekly S+P Bulletin. Bulk carriers This week Clarkson Hellas say that Bocimar has announced an order for two firm 206,000 DWT Newcastlemax and one firm 180
DHT Holdings, Inc. has entered into a letter of intent with Hyundai Heavy Industries Co., Ltd. (HHI) in South Korea for the construction of three additional very large crude carrier vessels (VLCCs) at a contract price of $97.3 million each, including $2