Archive for the ‘Sales and Purchases’ Category

The BDI@1,043 whilst awaiting …Armageddon

The BDI@1,043 whilst awaiting …Armageddon
John Faraclas The BDI@1,043 whilst awaiting …Armageddon The BDI (Baltic Dry Index) continued its upwards mode and now reads 1,043 – plus 17 points since yesterday. The Geopolitics getting sour and BIMCO makes a splash at the Yacht Club of Greece. John Faraclas’ daily market brief recap: The Capes’...
May 14th, 2019 | Associations, BIMCO, Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Markets, News, Sales and Purchases, Ship Demolitions, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

‘Chartering Manual’ makes a big splash

‘Chartering Manual’ makes a big splash
. ‘Chartering Manual’ makes a big splash By John Faraclas This specialist shipbroking book is now the fifth volume* residing on my bedside table! You all know how particular I become – and I am on many issues and in relation to the many books I read and then study – also for reviewing same...
May 5th, 2019 | Books, Chartering, Containers, Dry Bulkcarriers, Fixtures, Insight, Liner Shipping and Trade, Markets, Reefer Containers, Reefer ships, Sales and Purchases, Ship Demolitions, Ship Finance, Tankers, Trade and Commerce | Read More

Diana sells panamax bulker “Erato”

Diana sells panamax bulker “Erato”
DIANA SHIPPING INC. ANNOUNCES THE SALE OF A PANAMAX DRY BULK VESSEL, THE M/V ERATO ATHENS, GREECE, April 15, 2019 – 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...
April 15th, 2019 | Dry Bulkcarriers, Markets, News, Sales and Purchases, Stock Markets | Read More

The BDI@725; a double digit rise but…

The BDI@725; a double digit rise but…
John Faraclas The BDI@725; a double digit rise but… The BDI (Baltic Dry Index) gained 11 points since yesterday amid a worsening geopolitical environment… John Faraclas’ brief daily recap: Wonder how you interpret Aristotle’s maxim: “Nothing matters much and very little mattes at all” under...
April 9th, 2019 | At the end of the day..., Chartering, Markets, Piracy and Terrorism, Reports, Sales and Purchases, Shipping Indices, Tankers, Trade and Commerce | Read More

The BDI@651… Losing steam

The BDI@651… Losing steam
John Faraclas The BDI@651… Losing steam The BDI (Baltic Dry Index) clinched two points and seems that it’s losing steam; Geopolitics in jeopardy. John Faraclas’ brief daily recap: It seems that we are having a Dry Market stagnation and hope same will change as the Capes did the damage yet again… With...
February 27th, 2019 | Dry Bulkcarriers, Markets, Military, News, Sales and Purchases, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

Diana announces the sale of a panamax dry bulk vessel, the m/v Triton

Diana announces the sale of a panamax dry bulk vessel, the m/v Triton
ATHENS, GREECE, November 7, 2018 – 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, a Memorandum of Agreement to sell to an unaffiliated...
November 7th, 2018 | Company Profiles, Dry Bulkcarriers, News, Sales and Purchases, Stock Markets | Read More

FONASBA elects first Arab and North African President

FONASBA elects first Arab and North African President
Aziz Mantrach, FONASBA President for 2018 to 2021 As it approaches its 50th year, FONASBA has demonstrated increasing global reach by appointing the first President from an Arabic and North African country. Aziz Mantrach, Partner and General Managing Director of Transports Marocaines S.A. of Casablanca,...
October 31st, 2018 | Associations, Chartering, Person Profiles, Sales and Purchases, Ship Agencies, Ship Demolitions | Read More

Escrow services for Baltic members now live

Escrow services for Baltic members now live
The Baltic Exchange The Baltic Exchange’s Escrow Service for its members to hold deposits for ship sale transactions goes live today (15 October). The service is run out of Singapore and led by Chris Jones, the Baltic Exchange’s Head of Asia who is a former Sale & Purchase shipbroker...
October 15th, 2018 | Markets, Sales and Purchases | Read More

FONASBA announces winner of the 2018 Young Ship Agent or Broker Award

FONASBA announces winner of the 2018 Young Ship Agent or Broker Award
Filipe Martins, Winner of the FONASBA Young Ship Agent or Broker Award 2018 FONASBA is very pleased to announce that the winner of its Young Ship Agent or Broker Award for 2018 is Filipe Miguel Dias Martins of Navex Empresa Portuguesa de Navegação, S.A, Portugal. The Award was introduced in 2015 with...
August 21st, 2018 | Associations, Awards, HR, News, People and Places, Sales and Purchases | Read More

Diana Containerships completes sale of post panamax contship “Hamburg”

Diana Containerships completes sale of post panamax contship “Hamburg”
.. DIANA CONTAINERSHIPS INC. ANNOUNCES COMPLETION OF SALE OF A POST-PANAMAX CONTAINER VESSEL WITH DELIVERY TO HER NEW OWNERS AND DEBT-FREE BALANCE SHEET ATHENS, GREECE, July 24, 2018 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership...
July 24th, 2018 | Company Profiles, Containers, Markets, Sales and Purchases | Read More

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