Safe Bulkers has entered into a Memorandum of Agreement with an unaffiliated seller to acquire a Japanese-built, dry-bulk, Post-Panamax class, resale, newbuild vessel. The vessel is expected to be delivered within the first half of 2020.The…
Safe Bulkers Buys Japanese Post-Panamax Class Dry-Bulk Vessel Read More »
Singapore-listed tanker and containership owner aims to raise $31.3m from preferential offering.
First Ship Lease Trust plans fund raiser to buy new ships Read More »
MOL said the STS operation cuts down the travelling time of its Vladimir Rusanov by about a week
Related StoriesFirst Ship Lease Trust raising $31m in rights issue to renew fleetBIMCO: Laggards could pay more for ba…
Yamal LNG starts ship-to-ship transfer for cargo to Europe Read More »
A resurgence is quietly underway in the crude tanker market, as a number of plays are helping alleviate oversupply issues. In its latest weekly report, shipbroker Banchero Costa noted that “in October, Chinese crude oil imports reached a new reco…
So far in 2018, the shipping freight markets have been proven uninspiring; current freight indices produced by the Baltic Exchange, the Shanghai Shipping Exchange and other data providers are comparable to year-old levels, give or take some “normal” vo…
2018 was Indeed a Forgettable Year for Shipping. Is There More to It? Read More »