Ship Sales

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U.S.-based Hercules Offshore Sells Most of Inland Fleet

Hercules Offshore agrees sale of 11 inland barge rigs, which includes three active rigs, eight cold stacked rigs and related assets  (Inland Asset Package) for

Alaskan Tugboat Sale Brokered by Marcon

Delaware's Vessel Management Services, Inc. has sold their twin-screw tug “Sinuk” to King River LLC of Palmer, Alaska. The 85.8’ x 28.5’ x 10.0’ depth, model bow tug was built in 1995 by J.

Red Bull Founder Buys DeepFlight Super Falcon Submersible

Hawkes Ocean Technologies said that Dietrich Mateschitz, cofounder of the energy drink company Red Bull, has ordered a DeepFlight Super Falcon submersible. The state of the art,

Maersk Buys, Reflags, Container Ships for US Trade

Maersk Line has purchased & is reflagging 8 newer and larger containerships to upgrade services provided to its U.S. military, government and commercial customers.

Maersk Invests in Eight American Vessels

Maersk Line, Limited (MLL) purchased and is currently reflagging eight newer and larger containerships to upgrade the ocean transportation services provided to its U.

Vessel Sales: April 2013

The following list of ship sales for April 2013 was prepared by Shipping Intelligence Inc., New York. Sale Prices are listed in millions USD. Date  -  Vessel

Harvey Gulf Invests $540 Million in LNG Vessels

Chief Executive Officer of Harvey Gulf International Marine, Shane Guidry announced the execution of three agreements for vessels totaling $540 million. These purchases

China J/V to Buy Six LNG Carriers

China Shipping Development and Sinopec Kantons are to spend HK$11.71 billion to buy six LNG carriers, which will be chartered to Sinopec. The two companies have

Stealth Gas Offer Stock in Order to Buy LNG/LPG Ships

StealthGas Inc., has increased the size of its stock offering, & will sell 10-million shares at $10 each using the proceeds towards purchase of 5 ships. The gross

Odfjell Buys Chemical Tankship

Odfjell buys long-term chartered vessel 'MT Bow Engineer', a 30,086 dwt chemical tanker. Odfjell, a leading company in the global market for transportation and storage of bulk liquid chemicals,

TORM Product Tankship Deal With Oaktree Capital

Denmark's TORM agreed to sell five MR product tankers to a company controlled by Oaktree Capital Management as part of an earlier restructuring agreement. The

Greek J/V to Acquire HSH Debtors' Fleet

Navios Maritime Holdings & Navios Maritime Acquisition Corp. in J/V sign LOI to buy 10 ships from debtors of HSH Nordbank. The new Joint Venture company, named Navios JV,

Catherwood Buys Tugboat, Side-swaps Engines

Catherwood Towing's owner, Ernie Catherwood, adds another tugboat to his 14-boat fleet that operates in and around Canada's Fraser River. The 39-year old boat

Diana Containerships Sells M/V Maersk Madrid

Diana Containerships Inc., a global shipping company specializing in owning and operating containerships, announced that it signed, through a separate wholly-owned subsidiary,

Marcon International Brokers 3,000-hp Tugboat Sale

After 6 months of charter Marigny Tug LLC of St. Augustine, Florida has closed on the purchase of the U.S. flag tugboat “Leslie Foss”. Prior to the sale, the twin-screw,

Greece's Diana Shipping to Buy Capesize Bulk Ship

Diana Shipping Inc. signs up to buy the 'M/V Tamou', a 2005 built Capesize dry bulk carrier of 177,243 dwt. The purchase price is US$27,020,202, less one percent address commission to the buyers.

IYC’s Mark Elliott Sells Acadia

IYC announced that Mark Elliott sold Acadia, the Lyman Morse motoryacht in conjunction with Rick Obey & Associates.   ACADIA, 84’ (25.60m) Lyman Morse, 2003 Asking Price: $3,

Greek Shipowners Invest Hugely in New Ships

Greek ship-owners bought 72 ships within the first three months of 2013, invest US$848-million in their companies. While the Greek government continues to mull

Greece's Navios to Buy 5 Product Tankships

Navios Maritime Acquisition Corp. to acquire 5  MR2 Product Tankers wth options for two more. The company which owns and operates tanker vessels, announce that

IYC Sells 98' Lady Laura

International Yacht Collection (IYC) said that Alan Leigh has sold Lady Laura. Randall Postma of Nio Group represented the buyer. When Westship designed Lady Laura,

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