Archive for the ‘Sales and Purchases’ Category

Performance Shipping Inc., announces the sale of a panamax container vessel, the m/v Pamina

Performance Shipping Inc., announces the sale of a panamax container vessel, the m/v Pamina
Performance Shipping Inc., announces the sale of a panamax container vessel, the m/v Pamina ATHENS, GREECE, August 27, 2019 – Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has signed, through...
August 27th, 2019 | Sales and Purchases | Read More

Performance Shipping announces delivery of Aframax tanker “Blue Moon”

Performance Shipping announces delivery of Aframax tanker “Blue Moon”
.. Performance Shipping announces delivery of Aframax tanker “Blue Moon” ATHENS, GREECE, August 5, 2019 – Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separate wholly-owned...
August 5th, 2019 | Markets, News, Oil Industry, Sales and Purchases, Stock Markets, Tankers | Read More

FONASBA Quality Standard now covers 35 countries, 500 companies

FONASBA Quality Standard now covers 35 countries, 500 companies
The Baltic Exchange were the FONASBA HQ’s are FONASBA Quality Standard now covers 35 countries, 500 companies FONASBA’s Quality Standard (FQS), the only quality mark designed by, and specifically for, ship agents and ship brokers, reached another milestone this month when the number of companies...
July 29th, 2019 | Anniversaries, Associations, Chartering, Conferences, Seminars, Forums, Fixtures, News, Sales and Purchases, Ship Agencies, Ship Demolitions, Shipping Indices, Tankers | Read More

Diana sells panamax “Nirefs”

Diana sells panamax “Nirefs”
DIANA SHIPPING INC. ANNOUNCES THE SALE  OF A PANAMAX DRY BULK VESSEL, THE M/V NIREFS ATHENS, GREECE, July 26, 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...
July 26th, 2019 | News, Sales and Purchases, Statistics, Stock Markets | Read More

Capes lift the BDI amid mega Geopolitical mayhem

Capes lift the BDI amid mega Geopolitical mayhem
John Faraclas Capes lift the BDI amid mega Geopolitical mayhem The BDI (Baltic Dry Index)   gained 44 points and now stands at 1,179; the Geopolitical mess continues. John Faraclas’ brief daily recap: The Capes’ BCI went over and above the 2,000 point threshold at 2,051, that’s a good plus...
June 19th, 2019 | Conferences, Seminars, Forums, Markets, News, Reports, Sales and Purchases, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Performance Shipping Inc., announces agreements to acquire two Aframax Tankes and US$ 10.0 million investment by its chairman

Performance Shipping Inc., announces agreements to acquire two Aframax Tankes and US$ 10.0 million investment by its chairman
.. Performance Shipping Inc., announces agreements to acquire two Aframax Tankes and US$ 10.0 million investment by its chairman     ATHENS, GREECE, June 11, 2019 – Performance Shipping Inc. (NASDAQ:DCIX), (the “Company”), today announced that it has agreed to acquire two entities, which have...
June 11th, 2019 | News, Sales and Purchases, Story of the Day, Tankers | Read More

Nikos Vafias adds 12th aframax tanker

Nikos Vafias adds 12th aframax tanker
r to l: Nikos Vafias and George Procopiou Nikos Vafias adds 12th aframax tanker Nikolaos Vafias spending spree roars to US$90m with swoop for Brightoil aframax Nikolaos Vafias has extended his investment in tonnage to almost US$90m in less than two weeks with a swoop for a Brightoil Petroleum aframax...
June 7th, 2019 | Company Profiles, Sales and Purchases | Read More

Pireas 2019: Managers of Regulations or Ship Managers?

Pireas 2019: Managers of Regulations or Ship Managers?
 THE 7TH GLOBAL SHIPBROKERS FORUM Yacht Club of Greece, Piraeus, Thursday 20th June 2019 Managers of Regulations or Ship Managers? FORUM AGENDA 09:00 – 10:00 REGISTRATION & COFFEE 10:00 – 10:30 Welcome speeches: – Mr. John N. Cotzias – President of H.S.A. – Mr. Fotis Kouvelis...
June 4th, 2019 | Associations, Chartering, Conferences, Seminars, Forums, Sales and Purchases | Read More

Greek shipowner Nikolaos Vafias goes on $65m shopping spree

Greek shipowner Nikolaos Vafias goes on $65m shopping spree
Greek shipowner Nikolaos Vafias goes on US$65m shopping spree  Nikolaos Vafias Private Greek shipowner Nikolaos Vafias has made a significant investment in additional tonnage — purchasing three vessels in a single week in deals worth in excess of $65m, sources said. Vafias has bought a single capesize...
May 27th, 2019 | Dry Bulkcarriers, LPG, Markets, Sales and Purchases | Read More

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