Archive for the ‘Sales and Purchases’ Category

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

DIANA announces sale of panamax “Melite”

DIANA announces sale of panamax “Melite”
ATHENS, GREECE, October 12, 2017 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has signed, through a separate wholly-owned subsidiary (the “Owners”), a Memorandum of Agreement to sell...
October 12th, 2017 | Dry Bulkcarriers, Marine Insurance, Markets, News, Sales and Purchases, Ship Demolitions | Read More

Stay put with the BDI’s rise… there is a long way to go!

Stay put with the BDI’s rise… there is a long way to go!
John Faraclas Despite some gains the BDI (Baltic Dry Index) remains low; low with the correlation of t/c rates both for the spot and period and unless we see the magic 2,247 and above level, stay put! Geopolitics are worsening and the drums of War can be head… John Faraclas’ daily recap: The BDI...
October 10th, 2017 | Cruise Industry, Markets, News, Reports, Sales and Purchases, Shipping Indices, Statistics | Read More

Sale of LNG/C Excel

Sale of LNG/C  Excel
The LNG/C “Exmar” EXMAR is pleased to announce the sale of the LNG carrier EXCEL (138,107 m³ – 2003 built). EXCEL has been delivered to its new owners on 6th of October 2017. The net cash proceeds realized by EXMAR for its 50% share in the joint venture will be approximately USD 23,0...
October 8th, 2017 | LNG, Sales and Purchases, Stock Markets | Read More

The BDI@1,405: a controlled correction…?

The BDI@1,405: a controlled correction…?
John Faraclas The BDI (Baltic Dry Index) and in general the markets do not surprise us at all with their performance and behaviour so far needless to say their volatility; the Geopolitics are so perplexed and enigmatic that either you consult …the oracle or use your own shipping business intuition...
October 6th, 2017 | Chartering, Conferences, Seminars, Forums, Containers, Dry Bulkcarriers, Events, Markets, Military, Oil Industry, Organisations, Piracy and Terrorism, Politics and Government, Ports & Terminals, Reefer Containers, Reefer ships, Reports, Sales and Purchases, Ship Demolitions, Ship Finance, Shipbuilding and Shipyards, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

St Helena Line to withdraw RMS St Helena from service and seeks buyer for vessel

St Helena Line to withdraw RMS St Helena from service and seeks buyer for vessel
The RMS “St Helena” St Helena Line has announced today, (Thursday 5th October 2017), that it is to withdraw the Passenger Cargo Royal Mail Ship St Helena (RMS) from service in February 2018 and has appointed London ship broker CW Kellock & Co Ltd to handle her sale. Operated...
October 5th, 2017 | Company Profiles, Sales and Purchases, Trade and Commerce | Read More

Diana Containerships Inc. announces agreement to sell up to seven vessels

Diana Containerships Inc. announces agreement to sell up to seven vessels
ATHENS, GREECE, October 5, 2017 – 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 up to seven of its containership vessels for an aggregate purchase...
October 5th, 2017 | Containers, Sales and Purchases, Stock Markets | Read More

Damen Shipyards Group delivers Shoalbuster 3209 to ISA Towage B.V.

Damen Shipyards Group delivers Shoalbuster 3209  to ISA Towage B.V.
Mr. Willem-Harm Mastenbroek (owner and managing director of ISA Towage B.V.) and Mr. Jos van Woerkum (Managing Director, Damen Shipyards Hardinxveld) ISA Towage B.V. (formerly known as V.O.F. Sleepboot ISA) has taken delivery of a Shoalbuster 3209 from Damen Shipyard Hardinxveld (DSHa). The vessel was...
September 6th, 2017 | Sales and Purchases, Shipbuilding and Shipyards, Technical, Technology | Read More

The BDI reality @1,181; wets: buoyant

The BDI reality @1,181; wets: buoyant
John Faraclas stressing the importance for safe navigation in hte world’s dire straits- picture credits LISW2015 FLICKR The BDI (Baltic Dry Index) lost another 22 points earlier on today and now stands at 1,181… The wets are coming up due to other unexpected reason – situ in the US Gulf following...
August 30th, 2017 | Containers, Dry Bulkcarriers, Markets, News, Reports, Sales and Purchases, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

FONASBA Announces Winner of the 2017 Young Ship Agent or Broker Award

FONASBA Announces Winner of the 2017 Young Ship Agent or Broker Award
  Niklas Soltow of  SCA Logistics GmbH FONASBA is very pleased to announce that the winner of its Young Ship Agent or Broker Award for 2017 is Niklas Soltow of SCA Logistics GmbH of Germany The Award was introduced in 2015 with the aim of encouraging members of the ship agency and ship broking...
August 21st, 2017 | Academia, Associations, Awards, Chartering, Events, HR, People and Places, Person Profiles, Sales and Purchases, Ship Agencies | Read More

No steam for the BDI? Geopolitics’ mess looms…

No steam for the BDI?  Geopolitics’ mess looms…
John Faraclas The BDI (Dry Baltic Index) closed earlier on today at 1,032 points which is 9 (nine) points up since yesterday and 99 (ninety-nine) since last Friday the 28th of July when it stood at 933 points. Geopolitics are sending a strong message that the going gets tough. The BDI is minus 1215 points...
August 4th, 2017 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Sales and Purchases, Shipping Indices, Tankers, Trade and Commerce | Read More