Ship Sales
Hapag-Lloyd Christens “Al Jmeliyah” in Rotterdam

Hapag-Lloyd's 15,000 TEU ship "Al Jmeliyah" was officially christened in Rotterdam. Naming patron is Inge Sijbesma, the wife of Feike Sijbesma, CEO of the corporation DSM – one of Hapag-Lloyd’s biggest customers in the Netherlands.The name “Al Jmeliyah” is Arabic for “the beautiful one.” With its ten sister vessels,
Genco Acquires Three Bulk Carriers

Dry bulk shipping company Genco Shipping & Trading Limited said it has taken delivery of three 2016-built bulk carriers and sold off older tonnage as part of its fleet renewal strategy.The New York based company has taken delivery of two 180,000 dwt Capesize vessels as well a 60,000 dwt Ultramax vessel in September 2018.
CMA CGM Inaugurates Antoine de Saint Exupery

French shipping group CMA CGM inaugurated its new flagship vessel 20,600 TEU-containership CMA CGM Antoine De Saint Exupery in Le Havre, France.Two French ministers, Bruno Lemaire (Economy) and Elisabeth Borne (Transport) were present for the event.Delivered last January 26 by Philippine shipyard Hanjin
Mitsui E&S Shipbuilding Bags Order for Three Post Panamax Bulkers

Japanese shipbuilder Mitsui E&S Shipbuilding has developed "neo 87BC", an 87,000 DWT Post Panamax bulk carrier of next generation eco ship, and has received an order of 3 units.Mitsui E&S Shipbuilding has developed "neo series" vessels which is a line-up of next generation eco-friendly ships until today.
Samsung Heavy Industries Bags Shuttle Tanker Order from AET

South Korean shipbuilder Samsun Heavy Industries (SHI) revealed that it has won another 152,700 DWT suezmax-sized shuttle tanker from Singapore's AET.This is another order from the shipowner who ordered a quartet to SHI in May 2018. The price is not disclosed in detail but recorded a slight increase.
AIDAnova Named at Meyer Werft

The world’s first liquefied natural gas (LNG) cruise ship, AIDAnova, was christened on August 31 at Meyer Werft shipyard in Papenburg.The spectacular naming ceremony took place at the completely sold-out AIDA Open Air at the Meyer Werft shipyard in Papenburg, attended by 25,000 spectators. The highlight
Nordic American Tankers Adds New Suezmax

South Korea's Samsung Heavy Industries (SHI) delivered the second suezmax newbuilding, to Nordic American Tankers (NAT) on August 31, on time and on budget.NAT had previously ordered the three suezmax newbuildings from Samsung Shipbuilding. The first one was delivered to NAT July 10, 2018.The latest one has the name of Nordic Cygnus,
Pacific International Lines Names Southern Pearl

Singapore-based containership operator Pacific International Lines (PIL) said that a naming ceremony of Southern Pearl had taken place at Taizhou Kouan Shipyard in China. The vessel is the first to be owned by PIL’s subsidiary Pacific Direct Line (PDL), the company said.The naming ceremony was graced by PDL board of directors,
Euronav sells Suezmax Cap Romuald

Euronav NV announced that the Company has sold the Suezmax Cap Romuald (1998 – 146,640 dwt) for USD 10.6 million.The vessel was delivered to her new owners on 22 August. The Company will record a capital gain of approximately USD 9 million in the current quarter.The sale of the Cap Romuald is part of a fleet rejuvenation program.
Ship Finance International Acquires Three Box Ships
Ship Finance International Limited said it has agreed to acquire three large containerships in combination with long term time charters.The vessels were built in 2015 with approximately 10,600 TEU carrying capacity. The company expects to take delivery of the vessels in the near term, and the purchase price is confidential.
New Zealand Navy Buys OSV from Østensjø Rederi

Norwegian shipowner Østensjø Rederi said it has signed a contract to sell the light construction vessel Edda Fonn to the Royal New Zealand Navy (RNZN).The purchase price, including modifications and other services, is reportedly $103 million.The 84.7-meter vessel will be outfitted with dive-, ROV- and
ESL Shipping Takes Delivery of LNG-fueled Bulk Carrier

Finnish dry bulk shipping company ESL Shipping has taken delivery of a liquefied natural gas (LNG) fueled bulk carrier named Haaga.The next-generation 25,600 dwt bulk carrier is 160 meters long and was delivered Monday to Aspo Group's ESL Shipping from Jinling Shipyard in Nanjing, China.LNG-fueled vessel
Yang Ming Orders Ten 2,800 TEU Containerships

Yang Ming Marine Transport Corp. (Yang Ming) signed a contract with CSBC CORPORATION, TAIWAN (CSBC) for the construction of a total of ten 2,800 TEU class full container vessels. The contract was signed by Yang Ming’s Chairman Bronson Hsieh and CSBC’s Chairman Cheng Wen-Lon.The new ships are due for
Genco Shipping & Trading Adds Two Vessels to its Fleet

Genco Shipping & Trading announced that it has taken delivery of the Genco Endeavour and the Genco Resolute, both of which are 2015-built 180,000 dwt Capesize vessels.The Genco Endeavour and the Genco Resolute are the second and third of six vessels to be delivered to Genco as part of its recent agreements to acquire six high specification,