Braemar Seascope opens new Oslo office

James Kidwell Braemar Seascope is pleased to announce that it is further strengthening its shipbroking division by opening a new tanker chartering office in Oslo. This follows the recent establishment of a deep sea tanker chartering desk in Houston. The Oslo office will focus on the specialised tanker...

May 1st, 2013 | Chartering, Sales and Purchases | Read More

Diana Containerships Inc., sells the Maersk Madrid

Diana Containerships Inc., announces the sale of a Panamax Container vessel, the m/v Maersk Madrid ATHENS, GREECE, April 17, 2013 – Diana Containerships Inc. (NASDAQ: DCIX), a global shipping company specializing in owning and operating containerships, today announced that it signed yesterday, through...

April 17th, 2013 | Markets, Sales and Purchases | Read More

DIANA SHIPPING INC. announces the acquisition of a capesize dry bulk carrier

ATHENS, GREECE, April 9, 2013 – Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that it signed yesterday, through a separate wholly-owned subsidiary (the “Buyer”), a Memorandum of Agreement to purchase...

April 9th, 2013 | News, Sales and Purchases, Stock Markets | Read More

SAMSA in talks to acquire tall ships

From Russia With Love: Russians cultural dancers show off a display of their Eastern European Culture on board the Pallada which was hosted by SAMSA DURBAN, South Africa – South Africa’s maritime industry has entered an exciting phase with today’s announcement that the government was in the market...

March 27th, 2013 | Academia, Associations, Events, Maritime Education and Training, Politics and Government, Sales and Purchases | Read More

DIANA Containerships Inc., announces the delivery of a panamax container vessel the m/v Hanjin Malta

ATHENS, GREECE, March 19, 2013 – Diana Containerships Inc. (NASDAQ: DCIX), a global shipping company specializing in owning and operating containerships, today announced that on March 15, 2013 the Company, through a separate wholly-owned subsidiary, has taken delivery of the m/v “Hanjin Malta”,...

March 19th, 2013 | Chartering, Sales and Purchases, Stock Markets | Read More

EURONAV: Sale of Suezmax “Cap Isabella”

ANTWERP, Belgium, 19th March 2013 – The executive committee of Euronav NV (NYSE EURONEXT BRUSSELS: EURN) announced that the company sold the Newbuilding Suezmax Cap Isabella (2013 – 157,648 dwt) for a selling price of USD 54,000,000 and that the vessel will be delivered to its new owner upon delivery...

March 19th, 2013 | Sales and Purchases, Stock Markets | Read More

Salvage tug “Singapore” joins Tsavliris Salvage Group Fleet

The Global Success i ex Singapore The “GLOBAL SUCCESS I” 189 Bollard Pull class ocean going tug, ex “SINGAPORE”, has joined the Tsavliris Salvage Group tug fleet. The 13,500 BHP class salvage tug was taken over from Svitzer Ocean Towage at Galveston Texas, USA, by the new owners GMS (Global Marketing...

February 27th, 2013 | Breaking News, Sales and Purchases, Salvage, Towage, Wreck Removals | Read More

DIANA SHIPPING INC. announces the acquisition of a Kamsarmax dry bulk carrier bulk carrier announces Time Charter contracts for m/v Alcemene and m/v Danae

ATHENS, GREECE, February 14, 2013 – Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, announced that on February 11, 2013, through a separate wholly owned subsidiary, the Company was the successful bidder at an auction that...

February 14th, 2013 | Chartering, Sales and Purchases, Shipbuilding and Shipyards, Stock Markets, Story of the Day | Read More

Greek Shipping: get your act together! All sectors and stakeholders must come to their senses; politicians and unions first!

John N. Faraclas The following are the main points from the latest John Faraclas live interview to Panos Thomakos on SBC TV last Friday the 8th of February 2013: 1. On the Markets, Faraclas and following Moundreas’ weekly video on the state of the market- chartering, S & P, as well as the shipbuilding...

February 11th, 2013 | Associations, Bribery and Corruption, Coastal Shipping, Disputes, Energy, Labour Disputes, Logistics, Maritime Tourism, Markets, News, Ocean Shipping, Organisations, Politics and Government, Ports & Terminals, Press ans Media, Safety and Security, Sales and Purchases, Shipbuilding and Shipyards, Shipfinance, Shipping Indices, Short Sea Shipping, Stock Markets, Strikes | Read More

DIANA CONTAINERSHIPS INC., reports financial results for the 3rd quarter and nine months ended September 30, 2012

Declares cash dividend of US$ 0.30 per share for the third quarter Announces the delivery of Panamax Container vessel, the APL Garnet, and commencement of time charter contract ATHENS, GREECE, November 19, 2012 – Diana Containerships Inc. (NASDAQ: DCIX), a global shipping company specializing in...

November 19th, 2012 | Chartering, Sales and Purchases, Stock Markets | Read More

Diana Containerships Inc., announces agreement to acquire a panamax container vessel

ATHENS, GREECE, November 6, 2012 – Diana Containerships Inc. (NASDAQ: DCIX), a global shipping company specializing in owning and operating containerships, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement with Neptune Orient Lines Ltd. for the...

November 6th, 2012 | Sales and Purchases, Stock Markets | Read More

Persistence pays off for shipbroker in recovering charter party commission

International Transport Intermediaries Club (ITIC) has illustrated how persistence can pay off for shipping intermediaries looking to pursue legitimate claims in today’s difficult financial climate. In the latest issue of its Claims Review, ITIC recounts the case of a shipbroker owed outstanding commission...

October 22nd, 2012 | Chartering, Legal, Sales and Purchases | Read More

Containership deliveries increase as demolition accelerates

2013 is set to be the biggest year ever for containership deliveries. In Braemar’s latest Quarterly Container Ship Fleet Statistics, it is estimated that in region of 1.7m teu is scheduled to be delivered during 2013. In terms of annual fleet growth Braemar Seascope estimates the cellular fleet will...

October 17th, 2012 | Markets, Sales and Purchases, Ship Demolitions | Read More

The Gulf and the Straights of Hormuz

l to r: Jern-Fei Ng, Amy Sander, Jeffrey Gruder QC and Roderick Cordara QC Given the political volatility surrounding the Straits of Hormuz and the possibility of military conflict, over 100 lawyers and other maritime professionals gathered in London on October 16th to hear about ‘Legal Lessons...

October 17th, 2012 | Chartering, Conferences, Seminars, Forums, London Shipping Law Centre, Sales and Purchases | Read More

FONASBA appoints Marygrace Collins as new President

Marygrace Collins Shipbroker Marygrace Collins of US based Bulkore Chartering Inc was elected as President of The Federation of National Associations of Shipbrokers and Agents (FONASBA) at the organisation’s 43rd Annual Meeting in Venice on Friday 12 October. She succeeds Christakis Papavassiliou who...

October 15th, 2012 | Associations, Chartering, Liner Shipping and Trade, People and Places, Sales and Purchases, Ship Agencies | Read More

Nick Hubbard to head up Braemar’s London Container desk

Braemar Shipping Services PLC is pleased to announce the appointment of Nick Hubbard as head of its London Container desk. Nick has over 25 years’ experience in shipbroking including over 20 years as a Container Specialist. His appointment underlines Braemar’s commitment to growing the strength...

July 12th, 2012 | Chartering, Fixtures, Sales and Purchases, Ship Demolitions | Read More

FONASBA Supports Container Weight Verification Initiative

FONASBA, the international ship brokers and ship agents federation, this week gave its full backing to international government and industry efforts aimed at ensuring that shipping containers for export are accurately weighed. The initiative, which is being led by the World Shipping Council in concert...

July 11th, 2012 | Chartering, Sales and Purchases, Ship Agencies | Read More

Ship Recycling Market

Demolition Prices for elderly ships have fallen by a quarter in 2012 to date, and owners are encouraged to dispose of recycling candidates sooner rather than later, says Mark Williams of Braemar Seascope. Addressing the 7th Annual Ship Recycling Conference in London on 19th June, the Braemar Seascope...

June 22nd, 2012 | Sales and Purchases | Read More

ITCM’s vibrant reception at Moorings

The powerful trio: Alexandros Koutalianos, Spyros Alexandropoulos and Andreas Vavalos Location or better say positioning is one of the most important factors in all businesses; weather too plays another important role. Combine this and you will see why ITCM’s venue was one of the best during the mid-week’s...

June 12th, 2012 | Events, Sales and Purchases | Read More

Sale of LPG/C Chaconia and Elversele

The "Chaconia" EXMAR confirms the sale of the LPG/C CHACONIA (28,070 m³ – built 1990) and the LPG/C ELVERSELE (37,511 m³ – built 1996). The vessels will be delivered to their new owners in April and July 2012, respectively. The total net sale price amounts to USD 48,9 million. ...

April 16th, 2012 | News, Sales and Purchases | Read More

ITIC says shipbrokers must protect commission entitlement

International Transport Intermediaries Club (ITIC) says the current global economic downturn means that shipbrokers will have to be particularly careful to ensure that their entitlement to commission is properly protected. In the latest issue of its Claims Review, ITIC cites the case of a Norwegian broker...

April 13th, 2012 | Chartering, Legal, P and I Clubs, Sales and Purchases | Read More

Sale of the m/v Hellenic Carrier

Hellenic Carriers Limited, (“Hellenic” or the “Company”) (AIM: HCL), an international provider of marine transportation services for dry bulk cargoes, announces that, in continuation of its fleet renewal program, its wholly owned subsidiary Thasos Shipping Co. Ltd. (“Thasos”), the ship owning...

April 5th, 2012 | Sales and Purchases, Stock Markets | Read More

DIANA Shipping Inc., announces the acquisition of a Panamax dry bulk carrier

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership and operation of dry bulk vessels, last Friday announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase from an unaffiliated third party the m/v “Mining Star”,...

April 2nd, 2012 | News, Sales and Purchases | Read More

Surge in shipping students proves robustness of the sector

The shipping industry is investing in training. Newly released statistics from the Institute of Chartered Shipbrokers (ICS), which celebrated its centenary in 2011, show shipping bucking the trend in terms of cuts to training budgets. While recent figures from the Chartered Institute of Personnel Development...

March 26th, 2012 | Associations, Chartering, Maritime Education and Training, Sales and Purchases | Read More

VesselsValue.com adds eBroker to its online valuation service.

The online ship valuation service which covers tankers, bulkers and containers has now released ‘eBroker’. eBroker is the most significant upgrade since containerships were added last November. Built over the past four months, eBroker allows instant confidential access to the world fleet and the...

March 20th, 2012 | Sales and Purchases | Read More