Greek dry bulk shipowner Diana Shipping has entered into a time charter contract with Cargill International for 2013-built Kamsarmax bulker Myrto.
The new charter commences later this week and is a rate at $10,000 per day, down from the $14,000 per day Cargill was previously playing. It is scheduled to end between July 1, 2021 and September 15, 2021.
Diana Shipping says the charter will generate around $4.48m based on the minimum time charter period.
Last week, Diana Shipping fixed one of its Capesizes to C Transport Maritime and a post-Panamax bulk carrier to SwissMarine.
NASDAQ-listed Panamax bulker owner Castor Maritime has announced that 2004-built bulker Magic P has completed its scheduled dry-docking and special survey and has immediately commenced a new charter contract.
The vessel was fixed to Comerge, a Chinese commodity trader and logistics firm, for a period of 90 to 105 days at a rate of $7,000 per day.
Comerge has been an active player in the bulk carrier charter market of late, having just fixed MC Shipping’s Kamsarmax Luke Dawn on a one-year charter. It also has several ships on charter from Navios.
Castor currently has three Panamaxes in its fleet, having listed on the NASDAQ early last year.
Greek dry bulk owner Diana Shipping has entered into a time charter contract with Singapore’s SwissMarine for 2012-built post-panamax bulker Amphitrite.
The charter commenced last week, and is for 13-15 months at a rate of $10,250 per day. The vessel was previously on charter to Uniper at $12,750 per day.
Diana Shipping says the charter will generate around $3.84m of gross revenue based on the minimum charter period.
Nanjing Tanker, a tanker unit of China Merchants Group, has announced a plan to order a 3,700 DWT small chemical tanker.
The company has allocated RMB70m ($9.9m) for the newbuild project.
In the meantime, Nanjing Tanker approved a plan to sell its 2007-built Aframax tanker Bai Lu Zhou.
Nanjing Tanker currently operates a fleet of around 60 tankers with a total capacity of 2.24m DWT.
Hunter Tankers AS, a wholly-owned subsidiary of Norwegian Hunter Group ASA, has entered into a six-month time charter agreement for three ships obtaining an average daily rate of approximately USD 80,000 per day.
The three ships include 2019-built ECO very large crude carriers Hunter Atla, Hunter Laga and 2020-built VLCC Hunter Freya.
The contract comes at a time when tanker owners are enjoying strong rates reaping the fruits from VLCC rate volatility as a result of the recent announcements on crude oil production boost from Saudi Arabia and Russia.
The strong tanker market has seen rates ranging from USD 65,000 to USD 100,000 for individual contracts, while certain VLCCs secured fixtures for up to USD 410K per day.
Norwegian owner Viken Shipping has acquired the 2019-built 113,000 DWT Aframax tanker Aquabliss from Greek owner Unisea.
Shipbroking houses Intermodal and Seasure Shipbroking reported that Viken Shipping bought the scrubber-fitted tanker for a price of $56m, higher than VesselsValue’s valuation of $52.53m. The deal also includes a long-term charter.
The acquisition will grow Viken Shipping’s fleet to 20 tankers.
Italian oilfield services company Saipem has decided to buy Solstad Offshore’s pipelay vessel DLB Norce Endeavour.
The ship has been on charter from Solstad Offshore since December 2019, with a purchase option in the charter included.
“Saipem has now decided to declare the purchase option for DLB Norce Endeavour. Delivery of the vessel to Saipem is scheduled to April 2020,” Norway-based Solstad Offshore said.
The sale price of the vessel, which is currently moored near Karimunbesar Island in Indonesia, was not disclosed.
The 146m long barge can accommodate a crew of 256 and was built in Singapore by Keppel shipyard in 2010.
Transworld Group has bought its largest boxship to date. The Indian group has paid Conti Reederei $10.65m for the 11-year-old 4,872 TEU Ontario II.
According to Alphaliner, the Daewoo-built ship will be renamed OEL Badrinath and is set for new employment this month with CMA CGM subsidiary, ANL.
The current largest ships belonging to Transworld are the 4,252 TEU sister ships OEL Jumeirah and SSL Brahmaputra, both acquired three years ago.
The Transworld fleet now stands at 19 container vessels, with capacities ranging from 676 to 4,872 TEU.
Geneva-based Advantage Tankers has acquired a pair of Chinese-built Aframax tankers from Greek owner Olympic Shipping and Management, according to brokers.
Seasure Shipbroking and Advanced Shipping & Trading have reported the 2008-built sister vessels Olympic Sea and Olympic Sky as sold on subjects to Advantage Tankers for $21.5m each. The price is slightly higher than the market value according to VesselsValue, which is $20.83m for Olympic Sea and $21.1m for Olympic Sky.
Chinese owner Fujian Hengfeng has sealed a deal for the sale of two Japanese-built Panamax bulk carriers, according to brokers.
Sumitomo-built Everlucky (1996) and Evermerit (1995) have been sold to Chinese buyers for $3.8m and $3.6m respectively, multiple brokers are reporting. VesselsValues puts the market value and scrap value of the pair at $3.6m each.
The sale leaves Fujian Hengfeng with a fleet of just three vessels, made up of a handy bulk carrier and two mini bulkers.