Ship Sales

Scorpio Bulkers Modifies and Sells Shipbuilding Contracts

Scorpio Bulkers Inc. announces agreements to modify and sell existing shipbuilding contracts for six capesize vessels    Scorpio Bulkers Inc. has reached agreements

Philippines to Buy Naval Assets, China Sea Dispute Simmers

The Philippines aims to buy two frigates, two helicopters and three gunboats for deployment in the South China Sea where a territorial dispute with China has lent

Diana Acquires Newbuild Dry Bulk Vessel

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels signed, through a separate wholly-owned subsidiary, a Memorandum

Pieter Breugel Delivered to Vloot DAB

Scheepswerf van Os has delivered the outfitted Pieter Breugel to shipping company Vloot DAB. The ship will employed in the ferry service between Hoboken and Kruibeke, Belgium.

Nordic American Tankers Announces Newbuild Plan

Two new Suezmax newbuilding tankers increase NAT's fleet size to 24 vessels. Nordic American Tankers Limited (NAT) has announced that it has entered into a preliminary

Cummins QSK60s for 84-Meter Work Boat

Shin Yang Shipyard of Miri, Sarawak, Malaysia has delivered the sister ships MV Anis and MV Alya. Designed by Wartsila Ship Design Singapore, the 83.8-meter (275-foot)

Diana Containerships Announces Boxship Delivery

Diana Containerships has announced that on November 28, 2014, through a separate wholly-owned subsidiary, it took delivery of the m/v “Santa Pamina”, a 2005-built

BIMCO to Develop Standard Term Sheet for Ship Finance

BIMCO announced its intention to develop a standard term sheet to assist the shipping industry in the creation of ship financing documentation.    The aim of

Norwegian Buys Ship from Princess Cruises

Norwegian Cruise Line Holdings Ltd. announces fleet expansion for Oceania Cruises in 2016; Sirena to join sister ships Insignia, Regatta and Nautica   Norwegian Cruise Line Holdings Ltd.

Ship Broker Clarkson Looks to Acquire Platou

Top ship broker Clarkson is seeking to acquire Norwegian brokerage and investment bank RS Platou for 281.2 million pounds ($441 million) in a deal that would create

BMT-Designed Flex Ferries Delivered in Singapore

A trio of 38-metre Flex Ferries, built by Singapore’s Penguin Shipyard International and designed by Southampton-based BMT Nigel Gee, have been delivered to their new owner,

Monjasa Buys Tanker from Eships

The Monjasa Group has purchased a tanker, M/T Eships Bainunah, from Abu Dhabi based Eships, the company announced today. The Turkish-built (2005), IMO-II, 8,

ICAP Shipping in Merger Talks

Shipping market prospects picking up after record downturn; shipbroker M&A deals have gathered pace this year. ICAP's shipping business is in merger talks with rival shipbroker Howe Robinson,

Vard 3Q: Higher Revenues, Solid Order Book

18.5% increase in 3Q revenue, and 4.5% increase in 9M revenue from same periods in 2013. Vard Holdings Limited (“VARD”, and together with its subsidiaries, the “Group”),

They Said It ... Paul N. Jaenichen, U.S. Maritime Administrator

“In a large part driven by our country’s energy boom, the domestic shipbuilding industry is seeing robust activity, the most over three decades."   "Billions

Diana Buys Another Containership

Diana Containerships Inc. (NASDAQ: DCIX), said that on November 5, 2014, it signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase

G E Shipping to buy Product Tanker

  The Great Eastern Shipping Company Limited (G E Shipping) signed a contract to buy a Medium Range Product Tanker of about 48,700 dwt on 4th November, 2014. The

Regulators Invited to Witness Ship Breaking in India

Global Marketing Systems, Inc (GMS) has challenged the European Commission’s intention to ban ship recycling by beaching, by inviting the commission and a major

Shipbuilding: Navigator Holdings Orders Two LPG Carriers

Navigator Holdings Ltd. (NYSE: NVGS) announced that it has ordered two 22,000 cubic meter semi-refrigerated liquefied gas carriers at Hyundai Mipo Dockyard (HMD)

Recent Vessel Sales: October 2014

Vessel sales for October 2014  (as of November 1) as prepared by Shipping Intelligence, Inc., New York. Date Reported – Vessel Name – DWT – Built  (Age) – Price

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