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Announces Delivery

COSCO Shipyards Deliver 2 More Bulk Carriers

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 Announces Deliveries of Vessels

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.


TEN Announces Delivery and Charter of VLCC 'La Madrina'

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


Harvey Gulf Announces Delivery of its Flagship Vessel

Harvey Deep-Sea

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.


Seanergy Completes Financial Restructuring

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 Acquisition Announces Delivery Of VLCC

Courtesy Navios Maritime Acquisition Corporation

  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


Globus Maritime Expands Fleet to Seven with Supramax Delivery

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.  


Global Ocean Trade: Latest Shipbuilding Orders

Shipyard scene: File photo

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


Global Ocean Trade: Latest Shipbuilding Orders

Bulk carrier bow: File photo

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.


Dorian LPG Announces Delivery of the "Corsair"

  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


Global Ocean Trade: Latest Shipbuilding Orders

Ships bow: File photo

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


Scorpio Tankers: Latest Financial & Ship Delivery News

Scorpio tankship: Photo courtesy of the owners

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


Krill Supplies VFMMS to Island Tug and Barge

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


Navig8 to Acquire ECO Chemical Tankers

Navig8Chemical Tankers focused on making the shipping industry more modern and efficient through their professional, reliable and commercially-focused service

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


Dryships Takes Delivery of Sixth New Build Drillship

Dryships Announces Delivery of Ocean Rig's Sixth Newbuilding Drillship, the Ocean Rig Skyros. DryShips Inc., a global provider of marine transportation services for drybulk and petroleum cargoes and through its majority owned subsidiary, Ocean Rig UDW Inc


DHT Opts for Third VLCC Newbuild from HHI

DHT Holdings, Inc. today announced that it has declared its option to construct a very large crude carrier (VLCC) at Hyundai Heavy Industries Co., Ltd. (HHI) in South Korea with a contract price of $92.7 million, including certain additions and upgrades to the standard specification.


Big Ship Newbuildings: Global Order Update

Shipyard: File photo

Container ship newbuildings figure most active in the latest weekly news from Clarkson Hellas, with the majority of orders placed with China and Korea shipbuilders. Dry bulk carriers Clients of Diana Shipping reports Clarkson Hellas in its Weekly Bulletin have announced a further order for one 82


Latest Global Deep-Sea Shipbuilding Contract Round-Up

China Shipyard: Photo credit COSCO

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


Stanford Mustang-50m AHT Launched

Picture of Stanford Mustang, a 50 AHT

  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


Navios Sells VLCC, Charters out Tanker Newbuild

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


Scorpio Tankers Update on Finance, Vessel Deliveries

Image courtesy of Scorpio Tankers

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


Global Ocean Trade: Latest Shipbuilding Orders

Contract: File photo

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


K-Line Welcomes 'Galaxy River'

“K”-Line Welcomes Galaxy River

  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.


Scorpio Tankers Update Finance & Newbuilding News

Scorpio tankship: Photo courtesy of the owners

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


GasLog Ltd. Announces Delivery of 'Solaris'

GasLog

  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






 
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