South Korea’s Hyundai Merchant Marine (HMM) has selected country’s three major shipbuilder and signed letters of intent (LOIs) with them to build 20 container carriers by mid-2021, reported Yonhap. According to company sources, as quoted by Reuters…
Hyundai Merchant Marine Signs LoI for 20 Vessels Read More »
DryShips announced that it has entered into agreements with unaffiliated buyers, for the sale of two of its older Panamax drybulk carriers, built in 2002. The diversified owner and operator of ocean going cargo vessels said that the sale took…
DryShips Sells Two Older Panamaxes Read More »
Navios Maritime Partners, an international owner and operator of container and dry bulk vessels, announced that it has agreed to sell the Hyundai Hongkong, a 2006-built, 6,800 TEU containership for a total net sale price of $36.0 million to the group c…
Navios Maritime Partners Sells Hyundai Hongkong Read More »
Navios Maritime Containers announced that it has agreed to acquire five containerships for a total purchase price of $246.0 million. The Company expects to take delivery of all five vessels in the third quarter of 2018. Based on existing charters and t…
Navios Maritime Containers Acquires Five Boxships Read More »
Canada’s shipbuilding and ship repair company Seaspan Shipyards (Seaspan), joined by representatives from industry and government, celebrated the start of construction on the first Joint Support Ship (JSS) for the Royal Canadian Navy (RCN).
Seaspan Shipyards Starts Construction Canada’s Joint Support Ships Read More »