Greek dry bulk owner Diana Shipping has sealed a new time charter contract with Glencore Agriculture for 2014-built ice class Panamax bulk carrier Crystalia.
The charter commenced earlier this week and is through to between July 1, 2021 and September 30, 2021 at a gross charter rate of $8,750 per day. Glencore was previously paying $10,500 per day.
The contract is worth around $3.49m on the minimum charter period.
South Korea’s Sinokor has made headlines in the VLCC segment all through the year, being the most active seller of supertankers.
This week the shipping heavyweight has revealed that its selling spree is not coming to an end soon. Fresh for sale and inviting offers is the 15-year-old 309,000 DWT Baltic Sunrise. The 333m long tanker can be delivered to its new owner, charter free, at the beginning of June.
VesselsValue data shows that the 165-ship strong Sinokor has cut its exposure to the VLCC sector in half since March last year, selling eight VLCCs, four rusty giants and four resales.
Singapore shipping trust First Ship Lease Trust (FSL) has taken redelivery of 2008-built 4250 TEU boxship YM Eminence.
The vessel was redelivered from Taiwan’s Yang Ming due to the charter ending. FSL’s other two container vessels are also on the charter to Yang Ming, with expiration due this year.
FSL has renamed the vessel FSL Eminence, and YM Elixir and YM Enhancer are sister ships, all 4250 TEU and built in 2008 at CSBC in Taiwan.
Greek dry bulk owner Diana Shipping has sealed a time charter contract with Cargill International for 2010-built Panamax bulker Leto.
The charter commences later this week and runs through to between July 15, 2021 and September 30, 2021, at a rate of $9,000 per day. The vessel was previous on charter to Uniper at $13,000 per day.
Diana says the charter will generate around $3.73m of revenue based on the minimum time charter period. The company currently has a fleet of 41 bulkers.
Augusta-based bunker supplier Anapo, part of yhe Maxcom Petroli group, has just purchased a third bunker tanker.
The 1996-built, 2400DWT Mersey Spirit has just been handed over by World Fuel Services, which has been operating the vessel for many years and most recently in the port of Liverpool.
The price was not disclosed but is said to be around $1m. According to VesselsValue.com, the former owner of the Mersey Spirit was Henty Oil, a subsidiary of WFS.
Fredrik Remoy led Rem Offshore has announced its second contract award in a week, confirming a new contract for 2013-built platform supply vessel Rem Insula.
The vessel will continue to serve its client from Peterhead through to 2021.
Last week, Rem Offshore secured a one-year extension from Apache for PSV Rem Mira.
Greek shipping company Medcare Shipping, headed by Vincenzo Morfini, has grown its fleet to five vessels with the acquisition of a 10-year-old Handysize tanker.
Clarksons reports that Grindrod’s Unicorn Shipping has sold 2010-built MR1 product tanker Rhino, with its special survey due in August, for $15.25m to the client of Medcare.
The sale comes after the company offloaded the older sister vessel Inyala for $14.5m last month.
Medcare Shipping currently owns a fleet of two Handysize tankers and two Supramax dry bulkers.
UAE-based oil trader and storage specialist Onex has emerged as the taker of two vintage Eastern Mediterranean (Eastmed) VLCCs.
Broking reports show the 2002-built Grand Lady was taken for $34mand has since been renamed Giessel, while Eastmed’s 2000-built Lucky Trader has also just been taken by Ones for a price in the region of $30m.
Shipbrokers note that Onex waived inspection, seeking prompt delivery in India on this latest deal.
VLCCs are a step up for Dubai-based Onex, whose fleet has tended to focus on Aframaxes, Suezmaxes, Handymaxes and MR product tankers.
China Development Bank Financial Leasing (CDB Leasing) has announced via the Hong Kong Stock Exchange orders for eight 210,000 DWT Newcastlemax bulk carriers to be built at three state-owned shipyards in the People’s Republic.
The deal, worth a combined $417.6m, will see the ships start to deliver from the end of next year.
VesselsValue lists the current fleet of CDB Leasing as heavily dry bulk focused with 62 bulkers on the water as well as five boxships, an Aframax, two LNG carriers and one VLGC.
Diana Shipping has entered into a time charter contract with Koch Shipping for 2005-built Capesize Aliki.
The charter commenced last week and is through to between January 1, 2021 and March 15, 2021 at a gross charter rate of $11,300 per day. The vessel was previously on charter to SwissMarine at $18,000 per day.
The charter is expected to generate around $2.81m in revenue based on the minimum time charter period.