Archive for the ‘Sales and Purchases’ Category

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

Supply/demand improving but shipyards must still fight for survival, says MSI

Supply/demand improving but shipyards must still fight for survival, says MSI
Some major market indicators are better but yards remain underemployed and newbuilding and second-hand prices have not yet hit bottom  London, 02 August, 2017. After a painful decade in which the shipping industry has suffered from an unhealthy supply position, a sustained reduction in contracting...
August 2nd, 2017 | Markets, Reports, Sales and Purchases, Ship Demolitions, Statistics | Read More

Falling BDI@933 and Wets too; Geopolitical tremors are now felt…

Falling BDI@933 and Wets too; Geopolitical tremors are now felt…
John Faraclas The BDI (Baltic Dry Index) fell nine points earlier on today from yesterday’s 942 points and 44 points since last Friday the 21st of July when it stood at 977; a midsummers’ mess. Geopolitics are looking more than explosive in all fronts. John Faraclas’ daily and weekly recap: The...
July 28th, 2017 | Dry Bulkcarriers, European Union, Markets, Military, News, Oil Industry, Piracy and Terrorism, Sales and Purchases, Ship Finance, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Volatile Markets and Geopolitical uncertainty might trigger monumental mess

Volatile Markets and Geopolitical uncertainty might trigger monumental mess
John Faraclas The BDI (Baltic Dry Index) ended up earlier on today with just three point plus and now reads 980 following two business days of stagnation… The Geopolitics are as dodgy as ever; John Faraclas’ daily recap: The Capers were up 50 points and the BCI now reads 1,221… The Panamaxes...
July 25th, 2017 | Containers, Dry Bulkcarriers, European Union, Markets, News, Politics and Government, Reports, Sales and Purchases, Ship Finance, Shipping Indices, Statistics, Tankers, Trade and Commerce | Read More

Latitude Brokers opens Latitude Korea office

Latitude Brokers opens Latitude Korea office
SW Kim Hong Kong, 3 July 2017– Latitude Brokers, the Asia based marine insurance specialist, has opened a liaison office in Seoul, Korea. Latitude’s office in Seoul will be their third in Asia, having opened in Hong Kong and Singapore in 2014 and 2016 respectively. Latitude Korea Ltd is wholly owned...
July 3rd, 2017 | Chartering, Company Profiles, HR, Person Profiles, Sales and Purchases | Read More

Q88 says market demands need to be strictly listened to when it comes to software solutions

Q88 says market demands need to be strictly listened to when it comes to software solutions
Fritz Heidenreich Stamford – 22 June 2017 – Software providers need to be more aware of the precise demands being voiced by today’s shipowners and charterers and must match or exceed these if they are to win business in this highly competitive yet still potentially lucrative market, according to...
June 22nd, 2017 | Chartering, IT and Communications, Markets, News, Sales and Purchases | Read More

Diana Containerships announces sale of post-panamax contship “Doukato”

Diana Containerships announces sale of post-panamax contship “Doukato”
Diana Containerships “Doukato” DIANA CONTAINERSHIPS INC. ANNOUNCES THE SALE OF A PANAMAX CONTAINER VESSEL, THE M/V DOUKATO ATHENS, GREECE, May 31, 2017 – Diana Containerships Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of containerships,...
May 31st, 2017 | Containers, Markets, Sales and Purchases, Stock Markets | Read More

Diana takes dely of new acquisition Post-Panamax “Electra”

Diana  takes dely of new acquisition Post-Panamax “Electra”
Diana Shipping Inc. Announces Delivery of the Post-Panamax Dry Bulk Vessel m/v Electra ATHENS, GREECE, May 30, 2017 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned...
May 30th, 2017 | Dry Bulkcarriers, Markets, News, Sales and Purchases, Statistics, Stock Markets | Read More

Market tsunami; explosive geopolitics

Market tsunami; explosive geopolitics
John Faraclas The BDI (Baltic Dry Index)  lost five points since yesterday and now stands at 949; the Wets gained a bit and Geopolitics become explosive. John Faraclas’ daily recap. The Capers’ BCI 2014 was up two points and at 1,706 loses steam.. The Panamaxes BPI lost four and now at 850  points...
May 23rd, 2017 | Chartering, Conferences, Seminars, Forums, Dry Bulkcarriers, Events, Conferences,Forums and Symposiums, Markets, Military, News, Piracy and Terrorism, Reports, Sales and Purchases, Shipping Indices, Statistics, Stock Markets, Tankers | Read More

Diana announces delivery of the Kamsarmax “Astarte”

Diana announces delivery of the Kamsarmax  “Astarte”
Diana Shipping Inc. Announces Delivery of the Kamsarmax Dry Bulk Vessel m/v Astarte ATHENS, GREECE, May 19, 2017 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned...
May 19th, 2017 | Dry Bulkcarriers, Markets, Sales and Purchases, Stock Markets | Read More

The BDI@1,014: a dead duck?

The BDI@1,014: a dead duck?
John Faraclas The BDI (Baltic Dry Index) ended the day at 1,014 – just two points plus since yesterday; Geopolitics are getting really sour. John Faraclas’ daily,  weekly market and geopolitics recap: In total the BDI gained 20 points since last week’s 994 – a crucial number on all counts. Thanks...
May 12th, 2017 | Events, Conferences,Forums and Symposiums, Markets, News, Reports, Sales and Purchases, Shipping Indices, Statistics, Stock Markets | Read More

Struggling BDI clinches six points; Geopolitics getting sour…

Struggling BDI clinches six points; Geopolitics getting sour…
John Faraclas The BDI (Baltic Dry Index) at 1,007 points – thanks once again to the as ever volatile Capers, “managed” to maintain the psychological 1,000-point-threshold… The geopolitical situation gets day by day worse and it will only be that special momentum of explosion in a global scale…...
May 9th, 2017 | Containers, Dry Bulkcarriers, Insight, Markets, Military, Piracy and Terrorism, Reports, Sales and Purchases, Shipping Indices, Stock Markets, Tankers, Trade and Commerce | Read More

VesselsValue launches OSV discounted Cash Flow Valuations

VesselsValue launches OSV discounted Cash Flow Valuations
… Global OSV fleet has a Discounted Cash Flow value 2.5 times higher than its Market Value VesselsValue (VV), the world’s leading online valuation provider, is launching daily Discounted Cash Flow (DCF) valuations for Offshore Support Vessels (OSVs). This new valuation type looks to increase VesselsValue’s...
May 8th, 2017 | Energy, Oil Industry, Oil Platforms and Rigs, Sales and Purchases | Read More

Golden Week’s BDI@994 is a reality…

Golden Week’s BDI@994 is a reality…
John Faraclas The BDI went under the 1,000 point threshold thanks to the Golden Week in the FarEast… The geopolitical events have deepened causing more concern. John Faraclas’ daily and weekly recap: The BDI lost ten points since yesterday and now stands at 994; it lost 115 points since last week’s...
May 5th, 2017 | Banking, Dry Bulkcarriers, Energy, Fixtures, Markets, Military, News, Oil Industry, Reports, Sales and Purchases, Shipfinance, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

The BDI@1,004: has the market …lost the plot?

The BDI@1,004: has the market …lost the plot?
John Faraclas The fall of all indices continued today with …no exemption; unless something spectacular happens, tomorrow we are going to see the BDI  (Baltic Dry Index) below the 1,000 mark. Geopolitics all over are in a mess. John Faraclas’ daily recap: With minus 30 points since yesterday  the...
May 4th, 2017 | Chartering, Containers, Dry Bulkcarriers, Markets, Military, News, Oil Industry, Piracy and Terrorism, Reports, Sales and Purchases, Ship Demolitions, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

Capital Ship Management Corp. takes delivery of the vessel C/V ‘ATHENIAN’

Capital Ship Management Corp. takes delivery of the vessel C/V ‘ATHENIAN’
The ex “Hanjin China” now the “Athenian” Piraeus, Greece, May 2, 2017. Capital Ship Management Corp. took successful delivery today of the vessel C/V ‘ATHENIAN’ (ex name C/V ‘HANJIN CHINA’), a 118,835 dwt / 9,954 TEU, Post-Panamax container carrier, built in 2011 by Samsung...
May 2nd, 2017 | Containers, Sales and Purchases | Read More

Falling Markets and dangerous Geopolitics

Falling Markets and dangerous Geopolitics
John Faraclas The fall continued today both for the Dry and the Wets; the BDI (Baltic Dry Index) lost 13 points and now stands at 1,134. On the Geopolitical front things are getting all over Planet Ocean sour and let’s hope diplomacy is resurrected. John Faraclas’ daily recap: The Capers were the...
April 27th, 2017 | Chartering, Containers, Dry Bulkcarriers, Markets, Mergers and Acquisitions, Military, News, Piracy and Terrorism, Reports, Sales and Purchases, Ship Demolitions, Ship Finance, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More

Hunter Maritime Acquisition Corp. Announces Commencement of Tender

Hunter Maritime Acquisition Corp. Announces Commencement of Tender
Hunter Maritime Acquisition Corp. Announces Commencement of Tender Offer to Purchase up to 8,233,100 of its Class A Common Shares—Tender Offer will Expire at 5:00 p.m. New York City Time on May 26, 2017, Unless Extended or Earlier Terminated April 27, 2017 – Hunter Maritime Acquisition Corp. (Nasdaq:...
April 27th, 2017 | Company Profiles, Markets, Mergers and Acquisitions, Sales and Purchases, Stock Markets | Read More

Hunter Maritime Acquisition Corp. enters into definitive agreements

Hunter Maritime Acquisition Corp. enters into definitive agreements
Hunter Maritime Acquisition Corp. Enters into Definitive Agreements for the Purchase of Five Identified Capesize Dry Bulk Vessels April 26, 2017 – Hunter Maritime Acquisition Corp. (Nasdaq: HUNT) (the “Company”) today announced that it has entered into definitive agreements pursuant to which it...
April 26th, 2017 | Mergers and Acquisitions, Sales and Purchases | Read More

The fall continues; the BDI@1,154…

The fall continues; the BDI@1,154…
John Faraclas Another drop in the markets, both dry and wet amid continued geopolitical chaos and uncertainty; John Faraclas’ daily report: The BDI (Baltic Dry Index) lost another 16 points earlier on today and now stands at 1,154 points; a bit of a …contained fall. The Capers’ BCI 2014 lost...
April 25th, 2017 | Chartering, Dry Bulkcarriers, Markets, Military, News, Sales and Purchases, Ship Demolitions, Shipping Indices, Statistics, Stock Markets, Tankers, Trade and Commerce | Read More

A Capers’ market is NOT a market, particularly amid explosive geopolitics…

A Capers’ market is NOT a market, particularly amid explosive geopolitics…
John Faraclas The BDI (Baltic Dry index) rose to 1,172 points – plus 25 since yesterday. In the geopolitical front we reiterate the view that the drums of War can be heard – War in the platoon,  War in the financial “galaxy”, it’s War everywhere. John Faraclas’ daily briefing: The Capers...
March 16th, 2017 | Chartering, Dry Bulkcarriers, Markets, News, Reports, Sales and Purchases, Shipping Indices, Statistics, Stock Markets | Read More

Festina lente for the Markets and Geopolitics

Festina lente for the Markets and Geopolitics
John Faraclas The BDI ended the week at 1,086 points, nearly 150 points plus since last week, but make haste slowly given that many believe the days of bad markets and geopolitical uncertainty are over; John Faraclas’ weekly recap: The BDI (Baltic Dry Index) gained 22 points since yesterday – now...
March 10th, 2017 | Conferences, Seminars, Forums, Events, Exhibitions, Military, Music, Reports, Sales and Purchases, Shipping Indices, Statistics, Stock Markets, Trade and Commerce | Read More