Ship Sales

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Container Ship Trading Dips 20%

The ratio of container TEU capacity on-order compared to the trading fleet dropped below 20% in June, reports Braemar Seascope. The broker advises that, as the

Euroseas Acquires Vessel, Sells Another for Scrap

Euroseas Ltd., an owner and operator of drybulk carriers and containerships and provider of seaborne transportation for dry bulk and containerized cargos, announced

Diana Shipping Announces Delivery of M/V Baltimore

Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that the company, through a separate wholly-owned subsidiary,

Atlantic Towing and Jaya Seal Second Offshore Deal

Offshore energy services provider Jaya Holdings Ltd. reached an agreement to sell a second new state-of-the-art anchor handling tug supply vessel Jaya Sovereign to Canadian buyers,

Recent Ship Sales

Shipping Intelligence, Inc. prepared a list of recent vessel sales as of June 1, 2013. Reported_Vessel Name____________DWT_BLT/Age_Price_ BULKCARRIERS 05/07/13 

Bellzone Sells Superfluous Ship

Bellzone Mining's joint venture Forecariah has sold a trans-shipping vessel for $8.9m (£5.8m). An in-depth analysis into the operational efficiency of the Forecariah

Megayacht Dream for Sale

Dream, the quintessential 170-foot (51.8-meter) 2003 Feadship, has just launched from Derecktor’s Shipyard with a complete paint job and a full 10-year Lloyds survey.

Maersk Tankers Sells its Entire VLGC Fleet

Maersk Tankers exits Very Large Gas Carrier (VLGC) segment by selling its  fleet to the BW Group. The BW Group buys Maersk Tankers five owned vessels and takes

Ultrapetrol to Refinance, Sells 7 Barges

In related recent announcements Ultrapetrol (Bahamas) says it intends to offer secured Notes, & has completed the sale of 7 barges. Ultrapetrol (Bahamas) an industrial

Otto Marine Sell ROV Support Ship

The company's subsidiary Otto Shipyard has sold  ROV  Support Vessel 'Otto Explorer 3' for US$50-million. The Board of Directors of Otto Marine Limited announce

Bisso Marine Acquires Three New Barges

Bisso Marine Llc., a provider of energy and maritime support services, announced the acquisition of three offshore construction assets: the 800-ton capacity derrick barge,

U.S. Coast Guard Cutter Transferred to Bangladesh Navy

Jarvis, a 378-foot High Endurance Cutter homeported in Alameda, decommissioned and transferred to the Bangladesh navy as the BNS Somudra Joy. The signing over

Budget Battles Bumping Backlogs?

Patrol And Combat Builders Fret About Budget Cuts But See Bright Spots. So far; so good. U.S. companies building patrol and combat craft aren’t happy about federal,

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

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