Greek dry bulk owner Diana Shipping has sealed a time charter contract with Glencore’s ST Shipping and Transport for 2010-built Panamax bulker Selina.
The charter commenced this week and is for a period of 12-14 months at a rate of $11,000 per day. The vessel was previously on charter to Cargill at $4,750 per day.
Diana Shipping said the deal will generate around $3.96m based on the minimum time charter period.
UK-based commodity trader Holbud Group is the buyer of this 2006-built 82,800 DWT Kamsarmax bulker Medi Hong Kong.
Brokers reported the vessel as sold for a price of around $9.25m in March, citing Middle Eastern buyers. However, the vessel has been renamed The Unity and is now operating in the fleet of Holbud’s Indian-based SNP Shipping Services.
SNP Shipping Services now owns a fleet of 11 bulk carriers, made up of 10 Panamax/Kamsarmax bulkers and a Supramax.
Ireland based shipping company d’Amico Dry, part of the Italian group d’Amico Società di Navigazione, has sold the 2015-built handysize bulk carrier Cielo di Cartagena for $13.5m according to broker sources.
The buyer is likely to be revealed as Greek owner Seven Seas, and delivery of the vessel is expected to take place in August.
New York-listed VLCC tanker owner DHT Holdings has revealed a charter for one of its VLCCs has been canceled, while it has secured a new charter for another.
2006-built DHT Scandinavia suffered a significant delayed discharging cargo on its current voyage leading to a failure to deliver the vessel on time for a 12-month time charter contract. The charter, which includes a three-month option, was subsequently canceled. VesselsValue shows a day rate of $67,300 on the deal.
Meanwhile, 2018-built DHT Stallion has entered into a two-year time-charter, with options, with an oil major at $41,800 per day. The vessel is scheduled to be delivered next month.
Symeon Palios-led Performance Shipping has entered into a time charter contract with Aramco Trading Company for 2011-built Aframax Blue Moon.
The charter is for a period of 17 to 19 months at a rate of $28,000 per day.
Performance Shipping, formerly Diana Containerships, entered the tanker sector in August last year and has built up a fleet of four Aframaxes alongside a single Panamax container vessel.
The Sumitomo-built Blue Moon was acquired from Maersk Tankers in an en bloc deal last year, and at the time was named Maersk Jeddah.
Minoa Marine has emerged as the highest bidder from last week’s most popular bulker sale, adding its second post-Panamax.
The seller, Japan’s Mitsui OSK Lines (MOL), got $8.35m for the 15-year-old 88,200 DWT JP Magenta.
Athens-based Minoa Marine has timed the market well, taking over a ship at a time when the Baltic Dry Index has passed the 1,000-point mark for the first time this year.
Taiwanese bulk carrier operator Franbo Lines has announced that the company has sold its 2008-built 9,000 DWT general cargo vessel New Lucky.
The Japanese-built geared vessel has been sold to Turkish bulk operator Ranmarine Denizcilik. The value of the deal was not disclosed. VesselsValue’s valuation on the vessel is $3.46m.
The vessel will be delivered before September 15.
Franbo Lines currently owns a fleet of 13 vessels comprising of three handy bulkers, nine small bulkers and one Ro-Lo ship.
Greek tanker owner Salmar Shipping has acquired the 2003-built Suezmax tanker SKS Sinni from Norwegian owner SKS Tankers, a tanker unit of Kristian Gerhard Jebsen Group.
Shipbroking house Clarksons reported that Salmar bought the 159,000 DWT Hyundai-built tanker for a price of $20m.
The acquisition marks the company’s entry into the Suezmax tanker sector and the vessel will become the largest vessel in the company’s fleet which also features two MR1 tankers and three small chemical tankers.
Idan Ofer’s Eastern Pacific Shipping (EPS) has found a buyer for one of its four remaining Ultramaxes, a vessel that’s been in the shop window for months.
Despite uncertainly in the segment, EPS managed to bag a very firm price for its youngest Ultramax, the one-year-old, Chinese built 61,200 DWT Divinegate, sold for just under $23m.
Indian owner Mercator has sold its 2000-built 47,000 DWT MR tanker Prem Mala via auction as part of a sell off its fleet.
According to reports by Seasure Shipbroking and Advanced Shipping & Trading, the Japanese-built vessel was bought by UAS-based Nan Lian Shipmanagement for a price of $4.8m, lower than VesselsValue’s valuation of $6m.
Following the sale, Mercator’s fleet is left with one vessel, the 1999-built LR2 tanker Prem Pride.