Ship Sales

Jinhui Sells Supramax

 Jinhui Shipping and Transportation has agreed to sell another supramax dry bulk carrier, having just made a similar deal earlier this month.   The purchaser is a company incorporated in Hong Kong.

Chris-Craft Names Hunt VP of Sales

Gavan Hunt has joined the Chris-Craft team as Vice President of Sales.   A marine industry veteran, Hunt most recently worked at Cobalt Boats, where held multiple

Hubert Joins the Brunswick Sales Team

Jeff Hubert has joined the Brunswick Commercial & Government Products (BCGP) sales team as Regional Manager - Eastern U.S.   Hubert comes to BCGP as the recently retired Lt.

Navig8 Chemical Adds New Tanker from Kitanihon

 Chemical shipping company Navig8 Chemical Tankers Inc. has taken delivery of its first stainless steel chemical tanker, the Navig8 Sirius, from Japanese shipbuilder Kitanihon Shipbuilding Co.

Hanjin to Return 38 Vessels Next Year

Hanjin Shipping is planning to return a total of 38 chartered vessels once their contracts end as part of its restructuring efforts, reports the Korea Herald. A

Rockport Marine Acquires David Jones Yacht Brokerage

Custom wooden boat builder and designer Rockport Marine of Rockport, Maine, has acquired David Jones Yacht Brokerage, effectively expanding Rockport Marine's offering beyond the design,

Wan Hai Orders Eight New Containerships

 Taiwan’s shipping company Wan Hai Lines has placed an order for eight 1,900 teu box ships worth a total of $212 million - $236 million.   Wan Hai said that the

Suezmax Tanker Delivered to NAT

Nordic American Tankers Limited (NAT) has today taken delivery of Nordic Castor, the second of four secondhand Japanese-built Suezmax tankers acquired in May 2016.

DVB Bank to Dispose GOL's Six Vessels

 DVB Group Merchant Bank (Asia) Ltd, a unit of Germany’s DVB Bank SE, can now go ahead and seek bids for selling six ships of GOL Offshore, earlier known as Great Offshore Ltd,

How Do World’s Major Shipping Fleets Perform?

 Clarksons Research Analysis takes a look at the world’s major shipping fleets and  how do the largest shipowning nations perform when it comes to punching above

Norden Sells 4 Handysize Bulk Carriers

As Dampskibsselskabet NORDEN A/S further tightens its focus in the dry cargo segment to medium-sized Supramax and Panamax vessels, the company has sold four Handysize dry cargo vessels.

Caspian Shipping Commissions 4 Vessels

 Azerbaijan Caspian Shipping Company has put into commissioning four dry cargo vessels that will operate beyond the pale of the Caspian Sea, reports AzerNews.   An

Tsakos Orders Tankers at Sungdong

 South Korean shipyard Sungdong Shipbuilding & Marine Engineering Co. (Sungdong) has won an order from Greece’s Tsakos Energy Navigation (TEN) for two 74,000 deadweight

Norden Sells 4 Post-Panamax Bulk Carriers

Further tightening its ownership focus within the dry cargo segment to medium-sized Supramax and Panamax vessels, Dampskibsselskabet NORDEN A/S has sold its final four Post-Panamax bulk carriers.

Seoul's Effort to Calm Shipping Sector Storm

 South Korea will pump $9.5bn (11 trillion won) into state-run policy lenders reeling from huge losses on loans made to the beleaguered shipbuilding and shipping

Iran Strikes $2.4bn Ship Order with Korea

 Iran has placed orders worth around $2.4 billion with South Korean shipyards for the construction of ships to carry Iran’s oil and petrochemical products, The Wall Street Journal says.

China to Build its First Luxury Cruise Ship

 Waigaoqiao Shipbuilding, subsidiary China CSSC Holdings Ltd is about to establish a cruise liner development company in Shanghai along with Guangzhou Shipyard

Run aground, S. Korea's Shipbuilders Awaits Miracles

 The 'Big Three'—Daewoo Shipbuilding & Marine Engineering, Hyundai Heavy Industries and Samsung Heavy Industries—hold $42.1 billion in loans between them. The firms

Hyundai Bags Order for 2 LNG Carriers from SK Shipping

 Hyundai Heavy Industries Co. (HHI) struck a $400 million worth deal to build two liquefied natural gas (LNG) carriers for SK Shipping Co., a Korean shipowner.    According to the sources,

Thomson Cruises Acquires Second Royal Caribbean Ship

 Royal Caribbean Cruises Ltd. has entered into an agreement to sell Legend of the Seas to Thomson Cruises in the UK.    Legend will depart Royal Caribbean’s 25-ship

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