Archive for the ‘Sales and Purchases’ Category

Diana Containerships sells post panamax contship “Puelo”

Diana Containerships sells post panamax contship “Puelo”
.. Diana Containeships Inc., announces completion of sale of a post-panamax container vessel and delivery to her new owners ATHENS, GREECE, June 29, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, announced...
June 29th, 2018 | Company Profiles, Container shipping, Containers, Markets, Sales and Purchases | Read More

US China Trade War: A Shipper’s Guide

US China Trade War: A Shipper’s Guide
Court Smith VV Analyst Court Smith, discusses what’s next for the shipping industry if possible tarrifs are put in place by the US against China. Tankers The restriction on US crude exports was lifted in December of 2015, removing a market distortion that reduced the value of US crude oil relative...
June 21st, 2018 | Chartering, Dry Bulkcarriers, Reports, Sales and Purchases, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

Diana Containerships Inc. Announces the Sale of Another Post-Panamax Container Vessel, the m/v Puelo

Diana Containerships Inc. Announces the Sale of Another Post-Panamax Container Vessel, the m/v Puelo
.. Diana Containerships Inc. Announces the Sale of Another Post-Panamax Container Vessel, the m/v Puelo ATHENS, GREECE, May 21, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that it has...
May 21st, 2018 | Container shipping, Sales and Purchases | Read More

Diana Containerships sells post-panamax contship “Hamburg”

Diana Containerships sells post-panamax contship “Hamburg”
.. DIANA CONTAINERSHIPS INC. ANNOUNCES the sale of A post-panamax container VESSEL, the m/v hamburg ATHENS, GREECE, May 17, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that it has signed,...
May 17th, 2018 | Company Profiles, Container shipping, Sales and Purchases, Statistics, Stock Markets | Read More

At the end of the day the Capers’ surge is normal…

At the end of the day the Capers’ surge is normal…
John Faraclas The BDI (Baltic Dry Index) ended up 46 points higher since yesterday and now reads 1,376. Geopolitics getting not just worse, they are so perplexed, worse than Ariadne’s Thread! John Faraclas’ daily market and Geopolitics recap: No one should be surprised from the surge of the Cape-size...
April 25th, 2018 | Dry Bulkcarriers, Markets, Military, News, Reports, Sales and Purchases, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Baltic Exchange launches Escrow Service for vessel sales

Baltic Exchange launches Escrow Service for vessel sales
The Baltic Exchange will be launching an Escrow Service for its members to hold deposits for ship sale transactions. The move will allow Baltic Exchange members to take advantage of the Exchange’s trusted position in the marketplace when undertaking the sale or purchase of a vessel. Announcing...
April 25th, 2018 | News, Sales and Purchases | Read More

Crowley completes acquisition of Three SeaRiver Tankers

Crowley completes acquisition of Three SeaRiver Tankers
Washington Crowley has renamed the ships. Liberty Bay is now Washington. Eagle Bay is California, and SR American Progress is Oregon. “With the regulatory approvals in place and the sale officially complete, we are now focused on operating these tankers in the safest, most reliable manner possible,”...
April 17th, 2018 | Sales and Purchases, Tankers | Read More

“Shipbroking and Chartering Practice”, 8th Edition

“Shipbroking and Chartering Practice”, 8th Edition
… Shipbroking and Chartering Practice 8th Edition By Evi Plomaritou, Anthony Papadopoulos © 2018 – Informa Law from Routledge 738 pages | 33 B/W Illus. Now in its eighth edition, this classic text is a first point of reference for anyone looking to obtain an understanding of chartering and shipbroking...
March 6th, 2018 | Charity, Chartering, Maritime Education and Training, Sales and Purchases | Read More

Diana Containerships sells two Panamax Container Vessels

Diana Containerships sells two Panamax Container Vessels
Diana Containerships Inc. Announces the Sale of Two Panamax Container Vessels ATHENS, GREECE, March 1, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that it has signed, through two separate...
March 1st, 2018 | Containers, Markets, Sales and Purchases | Read More

The BDI gets stuck into snow… and geopolitics in the cupboard

The BDI gets stuck into snow… and geopolitics in the cupboard
John Faraclas The BDI (Baltic Dry Index) gained four points thanks to the  Supras and Handies; at 1,192 points same remains stuck …in the snow… Geopolitics’ cupboard is full of skeletons; CAUTION. John Faraclas daily recap: The Capers’ BCI was down 35 points and now stands at 1,560… The...
February 28th, 2018 | Chartering, Dry Bulkcarriers, Markets, Reports, Sales and Purchases, Ship Demolitions, Shipping Indices, Tankers, Weather | Read More

Driving sustainability in ship recycling: Blue MBA participant Prashant Widge

Driving sustainability in ship recycling: Blue MBA participant Prashant Widge
Capt Prashant Widge. Driving sustainability in ship recycling: Blue MBA participant Prashant Widge Captain Prashant Widge has an unusual role for a qualified master mariner – after a fulfilling career sailing merchant ships across the globe, he is today engaged in driving sustainability in the ship...
February 15th, 2018 | Academia, Maritime Education and Training, News, Sales and Purchases, Technical, Technology | Read More

Baleària invests 75 million euros in the purchase of three ships to reinforce its fleet

Baleària invests 75 million euros in the purchase of three ships to reinforce its fleet
The ferry “Nápoles of Baleària” Baleària invests 75 million euros in the purchase of three ships to reinforce its fleet The shipping company owns twenty-four ships and charters one Baleària recently invested nearly 75 million euros to purchase three ships to reinforce its fleet.  The...
February 15th, 2018 | Cruise Industry, Sales and Purchases | Read More

Diana Containerships sells panamax containerhip “New Jersey”

Diana Containerships sells panamax containerhip “New Jersey”
Diana Containerships Inc. Announces the Sale of a Panamax Container Vessel, the m/v New Jersey ATHENS, GREECE, February 13, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that it has signed,...
February 13th, 2018 | Container shipping, Sales and Purchases, Stock Markets | Read More

FONASBA launches agent diploma course

FONASBA launches agent diploma course
The Baltic Exchange were the FONASBA offices A new entry-level qualification for ship agents As part of an ongoing commitment to support the provision of appropriate and relevant education at all levels across the ship broking and ship agency professions, FONASBA has joined forces with ASBA, its member...
February 5th, 2018 | Maritime Education and Training, Sales and Purchases, Ship Agencies | Read More

The BDI is 1,090 points below from December 2013 level of 2,247…

The BDI is 1,090 points below from December 2013 level of 2,247…
John Faraclas Despite the ups and downs, the hopes and worries, the expectations and projections and all that jazz, the BDI (Baltic Dry Index) remains stuck in levels which prove our worries of yet another period of discontent…  Today the BDI gained 28 points and now stands at 1,157, thanks to the...
January 23rd, 2018 | Banking, Chartering, Containers, Dry Bulkcarriers, Events, Markets, News, Reports, Sales and Purchases, Shipfinance, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Diana Containerships announces sale of two post-panamax containerships

Diana Containerships announces sale of two post-panamax containerships
ATHENS, GREECE, January 22, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships, today announced that it has entered into an agreement to sell the m/v March and the m/v Great, each a 2004 built containership...
January 22nd, 2018 | Company Profiles, Containers, Markets, Sales and Purchases | Read More

Is BDI’s fall here to stay..?

Is BDI’s fall here to stay..?
John Faraclas The BDI (Baltic Dry Index) continued its downfall as did Geopolitics and things are getting more than sour every single hour; we are living in interesting times. John Faraclas’ daily briefing: With minus 25 points the BDI now stands at 1,139 thanks to the as ever volatile and enigmatic...
January 18th, 2018 | Chartering, Containers, Dry Bulkcarriers, Markets, Military, News, Piracy and Terrorism, Sales and Purchases, Shipping Indices, Tankers | Read More

With the BDI@1,230 brace for the new era…

With the BDI@1,230 brace for the new era…
John Faraclas Despite the BDI’s (Baltic Dry Index) triple digit fall in an otherwise odd welcome for the New Year, the good news is that Shipping for the vey very very few begins to make waves; geopolitics getting worse and we can hear the barking dog coming… on the 16th of February… John Faraclas’...
January 2nd, 2018 | Energy, Markets, News, Reports, Sales and Purchases, Ship Demolitions, Shipping Indices, Statistics, Stock Markets | Read More

The BDI@1,366 points; end of the story!

The BDI@1,366 points; end of the story!
John Faraclas On a daily basis this last day of  trading for 2017, the BDI lost 64 points; Geopolitics on the edge… John Faraclas’ daily, weekly and end of the year recap: These 64 points that the BDI  (Baltic Dry Index) lost are sending more than a Mayday, add also that the weekly fall was...
December 22nd, 2017 | Reports, Sales and Purchases, Shipping Indices | Read More

Naval Dome responds to Clarksons cyber attack

Naval Dome responds to Clarksons cyber attack
Itai Sela Viewers can find below a statement from Naval Dome CEO Itai Sela in response to Clarksons cyber security breach. “The announcement yesterday that ship broker Clarksons confirmed its computer systems were breached in a major cyber-security attack is a further indication how the global maritime...
November 30th, 2017 | Chartering, IT and Communications, Safety and Security, Sales and Purchases | Read More

The BDI@1,477: Dry Volatility continues… Wets: another enigma…

The BDI@1,477: Dry Volatility continues… Wets: another enigma…
John Faraclas The BDI (Baltic Dry Index) closed earlier on today at 1,477 points, up 19… The Geopolitical situation remind us of a Yellowstone situ…. WISTA-Hellas’ Annual Forum at the Athenaeum InterContinental more than a great success, as did the Chios Village Ladies’ Friends at their annual...
November 27th, 2017 | Academia, Alternative Sources of Energy, Associations, Banking, Charity, Chartering, Climate, Clubs, Communication, Conferences, Seminars, Forums, Consumers Market, Containers, Corporate Social Responsibility, Cruise Ferry, Dry Bulkcarriers, Emissions, Energy, Environment, Events, Fashion, Film Industry, HR, Immigration, Jewelry, Maritime Education and Training, Markets, News, Oceanology, Oil Spill, People and Places, Pollution, Press and Media, Reports, Safety and Security, Sales and Purchases, Ship Demolitions, Ship Finance, Shipfinance, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

The New Flamenco case raises more questions than answers about damages

The New Flamenco case raises more questions than answers about damages
A full house attending one of the most important events of its kind The financial effects, adverse and beneficial, arising from the discontinuation of charter arrangements concerning the New Flamenco have produced significant differences of opinion among arbitrators, the Commercial Court, the Court of...
November 10th, 2017 | Chartering, Legal, Markets, Sales and Purchases | Read More

Crowley to Acquire Three SeaRiver Tankers

Crowley to Acquire Three SeaRiver Tankers
(VALDEZ, Alaska; Nov. 1, 2017) ­– Crowley Alaska Tankers, LLC, announced today that it has signed an agreement, subject to regulatory approval, to purchase three tankers from SeaRiver Maritime Inc., and charter them back to SeaRiver under varying multi-year terms. Included in the acquisition are...
November 1st, 2017 | Sales and Purchases, Tankers | Read More

The BDI@1,552: still cruel to be kind…

The BDI@1,552: still cruel to be kind…
John Faraclas The BDI (Baltic Dry Index) gained another 29 points since yesterday thanks mainly to the Capers and to a leaser extend to all the other dry indices. Geopolitics still very perplexed. John Faraclas’ market briefing: The Capers gained another 100 points – to be precise 99 points and now...
October 17th, 2017 | Conferences, Seminars, Forums, Containers, Dry Bulkcarriers, News, Piracy and Terrorism, Reports, Sales and Purchases, Ship Finance, Shipbuilding and Shipyards, Shipmanagement, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

An enigmatic BDI should not fool us..

An enigmatic BDI should not fool us..
John Faraclas The BDI (Baltic Dry Index) closed earlier on today at 1,458, that is 25 points plus since yesterday thanks mainly to the Panamaxes and hooray hooray to the Supras. The Geopolitical crisis deepens in all fronts. John Faraclas’ recap: The Capers continued to fall; today they lost another...
October 12th, 2017 | Dry Bulkcarriers, Markets, News, Reports, Sales and Purchases, Ship Demolitions, Ship Finance, Statistics, Stock Markets, Tankers | Read More