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Ship Sales

China Merchants Energy Shipping's Unit Orders and Sells Ships

China Merchants Energy Shipping Co Ltd  says it inked a deal to order four ships worth up to $118.7 million.It has also agreed to sell three ships worth $15 million to Sinopec Fuel Oil Singapore and Sinopec Fuel Oil Sri Lanka.

Scorpio Bulkers Sells 3 Vessels

Image: Scorpio Bulkers

The provider of marine transportation of dry bulk commodities Scorpio Bulkers has entered into agreements with unaffiliated third parties to sell two ultramaxes and one kamsarmax for about $53.5 million in aggregate.The vessels are the SBI Jaguar and SBI Taurus, 2014 and 2015 built Ultramax vessels,

OSC Acquires 2 Ultramax Ships

Image: ASYAD Group

Oman Shipping Company (OSC), a member of the ASYAD Group, has announced the acquisition of two modern Ultramax Dry Bulk vessels, SBI Taurus and TR Omaha.The new ships due for delivery in April and May 2020 will join OSC’s fleet of over 50 world-class vessels including LNG Carriers, LPG Carriers,

TEN Sells Five Tankers

Image: TEN

The  Greek shipping company Tsakos Energy Navigation (TEN) said that it has sold five tankers to raise $104m in total that it will use to cut debt.According to the transporter of energy, the vessels include three suezmax tankers and two product tankers.These sales, in aggregate, will add $47 million

Euronav Acquires VLCC Newbuild

(File photo: Euronav)

Belgian tanker owner Euronav said Friday it has entered into an agreement to acquire a resale very large crude carrier (VLCC) for $93 million.The modern eco-tanker is currently under construction at the Daewoo Shipbuilding & Marine Engineering (DSME) shipyard in South Korea and is due for delivery early in the first quarter of 2021,

Diana Shipping Sells Dry Bulker Norfolk

Image: Diana Shipping Inc.

Diana Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement (MoA) to sell to an unaffiliated third party, the 2002-built vessel Norfolk.The global shipping company specializing in the ownership of dry bulk vessels said that the delivery to the buyer is scheduled latest by April 6,

FSL Trust Sells Crude Tanker FSL Shanghai

Image: First Ship Lease Trust

FSL Trust Management Pte., the trustee-manager of First Ship Lease Trust, has announced the sale of the crude oil tanker FSL Shanghai.FSL Trust Management has executed a Memorandum of Agreement (MoA) to sell the crude oil tanker to an unaffiliated third party and has received the initial 10% deposit in escrow.

Top Ships Sells Stenaweco Elegance

Image: Top Ships

Greek ship-owning company Top Ships Inc. announced the completion of sale of MT Stenaweco Elegance.According to a press note from the owner and operator of modern, fuel efficient "ECO" tanker vessels, its previously announced sale of tanker was concluded.The vessel was delivered to its new owner,

Seaspan Buys Boxships Quartet

Image: Seaspan Corporation

Hong Kong-based owner and manager of containerships in the world Seaspan Corporation has agreed to purchase a fleet of four containerships for approximately $367 million in cash.The ships include four 12,000 TEU vessels, with three built in 2018 and one built in 2017. The vessels, once delivered, will

Euronav Offloads Suezmax Finesse

Image: Euronav

Crude oil tanker company Euronav said that it has disposed one of its oldest Suezmax vessels, the 2003-built Finesse.The international shipping enterprise which focuses on oil transport by sea informed that it sold the 2003-built, 149,994 dwt for USD 21.8 million.A capital gain on the sale of approximately USD 8.

Belships Sells Bulker to Marti Shipping

Image: Belships ASA

Belships ASA, a bulk carrier operator and ship management company, has confirmed that it  entered into an agreement with Marti Shipping & Ship Management of Turkey for a bareboat charter and subsequent sale of BELEAST.The 50 000 dwt bulk carrier was built in 2006 and was the oldest ship in Belships fleet.

Top Ships Sells 50% Owned Vessels

Image: Top Ships

The international ship-owning company Top Ships announced that its 50% subsidiaries which own M/T Holmby Hills and M/T Palm Springs entered into agreements to sell both vessels to unaffiliated third parties.According to the owner and operator of modern, fuel efficient "ECO" tanker vessels,

Diana Shipping Fixes Coronis with Koch

M/v Coronis. Image: Diana Shipping Inc

Diana Shipping  announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Koch Shipping Pte. Ltd., Singapore, for one of its Panamax dry bulk vessels, the m/v Coronis.The global shipping company specializing in the ownership of dry bulk vessels said that the gross charter rate is US$8,

Performance Shipping Buys Aframax Tanker

Image: Performance Shipping Inc.

Performance Shipping announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase a 2007 built Aframax tanker vessel, the M/T FSL Shanghai, from an unaffiliated third party seller for a total purchase price of US$26.0 million.According to a press release

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