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Big Ship Newbuildings: Global Order Update
Container ship newbuildings figure most active in the latest weekly news from Clarkson Hellas, with the majority of orders placed with China and Korea shipbuilders. Clients of Diana Shipping reports Clarkson Hellas in its Weekly Bulletin have announced a further order for one 82,000 DWT Kamsarmax at Sinopacific’s Dayang facility. Based on the Sinopacific MHI 82 design, the vessel is planned for delivery in the second quarter of 2016.
Diana Shipping Announces New Loan Terms and Time Charter
Diana Shipping Inc. Announces Signing and Drawdown of a US$18 Million Term Loan Facility With Commonwealth Bank of Australia; Announces Time Charter Contract for m/v Crystalia With Glencore.
Diana Shipping Orders Dry Bulk Vessel for 2016
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, signed, through a separate wholly owned subsidiary, a shipbuilding…
Diana Shipping Inks Contract for Bulk Vessel
Diana Shipping Inc., a shipping company specializing in the ownership of dry bulk vessels, has announced that it has signed, through a separate wholly owned subsidiary…
New Dry Bulk Ship Orders Take Scorpio to 8-Million DWT Level
Scorpio Bulkers Inc. The total purchase price for the vessels is approximately $1,171 million. About Scorpio Bulkers Inc. Scorpio Bulkers Inc. has contracted and agreed to purchase 28 Ultramax, 23 Kamsarmax and 23 Capesize newbuilding dry bulk vessels to be delivered starting from the second quarter of 2014 from shipyards in Japan, Korea, China and Romania. The fleet currently on order has a total carrying capacity of approximately 8-million deadweight tonnes.
China Shipbuilders to Forefront in Active Dry Bulk Sector
Another week of ordering across the sizes in the dry bulk market, say Clarkson Hellas in their latest S+P Weekly Bulletin, with orders to report from Ultramax up to Capesizes vessels. Beihai are understood to have taken an order for one firm plus one option 250,000 DWT VLOC from Sincere Navigation Corporation Enterprises with delivery of the firm vessel in 2016. Beihai have also signed one firm plus one option 180,000 DWT Capesize from Bao-Island Enterprises for 2016 delivery for the firm unit.
Scorpio Bulkers Raise Scope of IPO
Scorpio Bulkers Inc. say it has increased the size of its public offering from the initially announced 15,500,000 common shares to 31,300,000 common shares for gross proceeds of $305,175,000. The Company has granted the underwriters a 30-day option to purchase up to 4,695,000 additional common shares, and they say they plan to use all of the net proceeds of this offering to fund newbuilding vessel capital expenditures.
Latest Bulk Carrier, Tankship, Newbuilding Order Round-up
Starting with the larger sizes Hyundai Merchant Marine (HMM) are understood by Clarkson Hellas to have placed an order for two firm 210,000 dwt Newcastlemax at Bohai, with delivery of both vessels due in early 2017. The majority of ordering this week has been focussed on the Kamsarmax market; Weihai Samjin (Korean owned yard with facility based in China) has taken two separate orders for 82,000 dwt Kamsarmax from NK Shipping for four firm plus two options…
Scorpio Bulkers IPO to Fund Multi-Newbuilding Orders
The bulk ship owners announce its initial public offering of 15,500,000 common shares, granting the underwriters a 30-day option to purchase up to 2,325,000 additional common shares. Scorpio say that the net proceeds of this public offering are expected to be used to fund newbuilding vessel capital expenditures, including capital expenditures related to the Company's initial fleet, and for general corporate purposes, including working capital.
Scorpio Bulkers Lay Out Another US$157-Million on New Ships
Scorpio Bulkers Inc. Hudong-Zhonghua Shipbuilding (Group) CO., LTD. Hudong-Zhonghua Shipbuilding (Group) CO., LTD. Hudong-Zhonghua Shipbuilding (Group) CO., LTD. Hudong-Zhonghua Shipbuilding (Group) CO., LTD. Hudong-Zhonghua Shipbuilding (Group) CO., LTD. The total purchase price for the vessels is approximately US$157 million. About Scorpio Bulkers Inc. Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities. Scorpio Bulkers Inc.
Clearlake Charters Diana Bulk Vessel
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, announced that yesterday through a separate wholly-owned subsidiary, it entered into a time charter contract with Clearlake Shipping Pte., Ltd., Singapore, a member of the Gunvor Group, for one of its Capesize dry bulk vessels, the m/v Houston. The gross charter rate is $20,500 per day, minus a 4.75% commission paid to third parties, for a period of about 11 months to about 14 months.
Global Dry Bulk Carrier Newbuilding Orders on the Rise
Starting with the large sizes in dry, Oldendorff Carriers are reported to have declared the sixth in a series of 207,000 DWT Newcastlemax at HHI, with delivery in the second quarter of 2015. Clarkson Hellas report that at Hanjin Subic, STX Pan Ocean have contracted two firm 150,000 DWT Capesize, planned for delivery in the second half of 2016 and for charter to KEPCO. One order to report in the Kamsarmax sector…
Scorpio Bulkers Confirm Further Dry Bulkship Newbuildings
Scorpio Bulkers Inc. Shanghai Waigaoqiao Shipbuilding Co. Shanghai Waigaoqiao Shipbuilding Co. Jiangsu Yangzijiang Shipbuilding Co. Jiangsu Yangzijiang Shipbuilding Co. Jiangsu Yangzijiang Shipbuilding Co. Jiangsu Yangzijiang Shipbuilding Co. Mitsui Engineering & Shipbuilding Co. Mitsui Engineering & Shipbuilding Co. The total purchase price for the vessels is approximately $242 million. Scorpio Bulkers Inc. is a provider of marine transportation of dry bulk commodities. Scorpio Bulkers Inc.
Diana Shipping Charter Out Panamax Bulker at Daily US$11k
Diana Shipping Inc. has time- chartered out the 75,336 dwt MV Triton to Bunge S.A., Geneva, at a gross charter rate of US$11,000 per day, minus a 5% commission paid to third parties, for a period of up to minimum September 1, 2014 to maximum October 31, 2014. The charter is expected to commence on December 8, 2013. The owners add that this employment is anticipated to generate approximately US$2.86 million of gross revenue for the minimum scheduled period of the charter.
Scorpio Bulkers Continue Newbuilding Spending Spree
Scorpio Bulkers inc. announce newbuilding agreements for 3 Capesize dry bulk vessels for an aggregate of US$162-million from the South Korean shipbuilder Daewoo Shipbuilding and Marine Engineering Co., Ltd. (DSME). The three Capesize dry bulk carriers of 180,000 dwt each are to be built at DSME's subsidiary facility Daewoo Mangalia Heavy Industries S.A. in Romania. All these 180,000 dwt ships are to be built in Romania and are of the same specification with the first two to be delivered in Q4…
Diana Shipping Charters Bulk Vessel to RWE
Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk vessels, has announced that it has entered into a time charter contract with RWE Supply & Trading GmbH, Essen, Germany, through a separate wholly-owned subsidiary, for one of its Capesize dry bulk vessels, the m/v JK Pioneer, to be renamed P. S. Palios. The gross charter rate is $18,350 per day, minus a 5% commission paid to third parties, for a period of about 22 months to maximum December 31, 2015.
Shipowners Think Big in Latest Newbuilding Orders
Ship owners trend towards larger ship sizes in the latest round of newbuilding orders reported in Clarkson Hellas S&P Weekly Bulletin. Oldendorff Carriers has contracted for four firm plus up to four option 208,000 dwt Newcastlemax from Taizhou CATIC. The first two vessels are due for delivery in 2015 with the remaining firm vessels and options lined up for delivery in 2016. Also in China, SWS are understood to have taken an order for four firm 208…
Transas ECDIS and Chart Service for Hellenic Carriers
Transas Hellas will supply ECDIS and Official Charts to Hellenic Carriers Corporation S.A. according to agreement recently signed between two companies. Hellenic Carriers Corporation’s fleet will be equipped with the Transas Navi-Sailor 4000 ECDIS in premium configuration and Transas Admiralty Data Service (TADS) providing a comprehensive and official chart data service. All vessels will shift to paperless navigation immediately after installation is completed.
Diana Shipping Takes Delivery of Kamsarmax Dry Bulk Carrier
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it took delivery of the MV Myrsini (formerly Stefania Lembo), a 2010 built Kamsarmax dry bulk vessel of 82,117 dwt. The acquisition of this vessel was originally announced on September 23, 2013. The Myrsini is time chartered to Clearlake Shipping Pte.
Diana Shipping Purchases Capesize Dry Bulk Vessel
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, announced that yesterday it signed, through a separate wholly-owned subsidiary…
