Ship Sales

Evergreen Line Orders Ten 2,800 teu Ships

 Taiwanese shipping company Evergreen is ordering ten 2,800 TEU container ships from Japanese shipbuilder Imabari Shipbuilding Co.,Ltd and compatriot CSBC Corporation.

Scripps Sells Oceanographic Research Vessel

Purpose-built oceanographic research and survey vessel New Horizon has been sold from the Scripps Institute of Oceanography to private interests, announced ship broker Marcon International, Inc.

Pioneer Marine Plunges into Red Again, Cancels Ship Orders

 Singapore-based Pioneer Marine reported a $5.4m loss for the third quarter of 2015, about even with a $5m loss in the same quarter last year.  It canceled orders

CMA CGM in Talks to Buy NOL

  CMA CGM confirms that it has entered into exclusive discussions with Neptune Orient Lines Limited (NOL) and Lentor Investments Pte. Ltd. (a wholly-owned subsidiary

SAFE Boats' Riverine Interceptor for Colombia

SAFE Boats International has been selected by the Colombian Navy/Coast Guard to build its new Type-F Riverine Interceptor Vessel.   The contract will provide

Star Bulk Carriers Sold Three Vessels in Q3

 Star Bulk Carriers has sold three vessels during the third quarter, a modern Supramax and two 90s built Panamax says Petros Pappas, Chief Executive Officer.   Net

DOF Sells Skandi Inspector

DOF Subsea, a subsidiary of DOF ASA, has entered an agreement to sell the 1979-built multipurpose offshore vessel Skandi Inspector to an undisclosed international buyer.

Sembcorp Upgrades of Pacific Eden and Pacific Aria for P&O Cruises

 Sembcorp Marine, a global leader in cruise ship repair, refurbishment and conversion work, has successfully upgraded the Pacific Eden (formerly Statendam) and

STX Offshore in Deep Financial Crisis

 The South Korean shipyard STX Offshore & Shipbuilding is apparently close to a bankruptcy if not yard soon find new vendors who are willing to pump huge sums into the yard.

Diana Adds Capesize Dry Bulk Vessel

Diana Containerships Inc., through a separate wholly-owned subsidiary, it has taken delivery of the m/v Hamburg, a 2009-built Post-Panamax container vessel of approximately 6,

SFL Sells 1998-built Suezmax Tanker

Ship Finance International Limited (SFL) has agreed to sell the 1998-built Suezmax tanker Mindanao to an undisclosed unrelated third party, simultaneously terminating

ICBC Signs Financing Deal with F.Laeisz

 The Industrial and Commercial Bank of China (ICBC) has signed a financing agreement with Germany shipping company F.Laeisz GmbH.    Under the agreement, the ICBC will provide 65 million U.

Legislation Aims to Strike Import Duty on Foreign Yachts

Congresswoman Lois Frankel (D-Fla.) plans to introduce in mid-November legislation that would allow U.S. citizens to purchase foreign-flagged yachts while in U.

Paragon Extends Jackup Rig Delivery at Waigaoqiao

 Paragon Offshore plc, a global provider of offshore drilling rigs, reported that a wholly-owned subsidiary has signed an agreement with Shanghai Waigaoqiao Shipbuilding Co.

Vard's Big Loss

 Singapore-listed Vard Holding sank deeper into the red as third-quarter losses widened to S$80.2 million.   The losses were attributed to the dual challenge

Small Dry, Big Value

VesselsValue’s new Small Dry module provides values for MPPs (and heavy-lift), single and tweendeckers, small handys and general cargo vessels. On the heels of its November 2015 launch,

Two More Secondhand Bulkers for Seanergy

Dry bulk shipper Seanergy Maritime Holdings Corp. has taken delivery of two secondhand Capesize dry bulk vessels, renamed M/V Gloriuship and M/V Squireship, to be employed in the spot market.

Oman Shipping Signs VLCC Financing Deal with Meethaq

Oman Shipping Company (OSC) has signed a USD 202.6 million (OMR 78 million) financing deal with Meethaq, an Islamic banking unit of Bank Muscat, aimed at refinancing

Goldenport Sells Supramax

 London-listed Goldenport Holdings has sold a 2009-built bulk carrier to Zenith Shipping LP of Majuro, Marshall Islands.   The 2009-built Alpine Trader was sold for a gross cash consideration of $9.

TransAtlantic Divests Container, Ship Management Operation

  TransAtlantic AB has reached an agreement to divest the Container Operation to X-Press Feeders and, in a separate transaction, to divest Ship Management operations to AtoB@C.

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