US-based private equity fund Bain Capital Credit has put three 10-year old bulk carriers of the fully-controlled Giuseppe Bottiglieri Shipping Company on the market.

Brokers say that these vessels being circulated are post-panamaxes, Paola Bottiglieri, Peppino Bottiglieri and Giovanna Bottiglieri. All are available for inspection and the seller is looking for interested parties.

According to VesselsValue.com, each unit is valued between $13m and $15m.

Exactly one year ago also four MR1 tankers of Giuseppe Bottiglieri Shipping Company, namely Mariella Bottiglieri, Alessandra Bottiglieri, Ghetty Bottiglieri and Mariella Bottiglieri, were put up for sale but as of today, they are still in the hands of the Naples-based shipping firm.

Doha-based dry bulk operator, S’hail Shipping, is going to acquire another two ships as it continues to expand its fleet.

Mohamed Khalifa Al Sada, S’hail Shipping’s chairman and managing director told Qatari media The Peninsula that the company will have acquired additional two vessels by early next year for expanding the fleet to nine vessels. The acquisition will be funded by Qatar Development Bank.

According to Al Sada, the company, which only serves overseas markets at the moment, is also ready to serve the local market if the opportunities arise. Additionally, the company is also working to expand its operation into the offshore market to serve Qatari companies, particularly Qatar Petroleum.

The company bought Panamax bulk carriers Chris and Paquis and renamed them to S’hail Al Rayan and S’hail Al Dukhan in May. Its current fleet is made up of five Panamax bulkers and two Supramax bulkers.

Norway’s Simon Møkster Shipping has sold 1999-built PSV Stril Neptun to Greek interests for work outside of the offshore shipping segment.

The vessel has already been delivered to the new owner, which according to VesselsValue is Panos Laskaridis’s company, Baltmed Reefer Services. It has been renamed, Glaros.

VesselsValue reports the sale price at $1.4m.

Hanan Shipping is to add a sixth tanker in its fleet. A public notice from the local Coast Guard in Augusta, Italy, informs that the 1999-built medium range tanker Alberta Amoretti will soon change hands from Marittima Emiliana, part of the Amoretti Armatori group, to the Dubai-based buyer.

Hanan currently owns 3 small tankers and 2 Handysize tankers with an average age of 32 and 20 years respectively.

The price of the deal was not disclosed but according to VesselsValue, Alberta’s current market value stands around $5m.

This sale is part of a wider fleet rejuvenation plan of the Parma-based shipping company, which last summer also bought a pair of modern MR1 tankers, one of them was delivered few days ago by Gotland Rederi and renamed Lady Mariella.

Germany’s Ernst Russ Group has acquired 2007-built 700 TEU geared containership, Skogafoss, in cooperation with a strategic partner.

The vessel was acquired from Briese Schiffahrts and had been operating on the North-Atlantic shipping routes. It will be delivered into a charter with Iceland’s Eimskip.

The vessel has a market value of around $3.16m according to VesselsValue, however, the acquisition price was not revealed by Ernst Russ.

Greece’s Tsakos Energy Navigation (TEN) has taken delivery of an Aframax tanker which was built against long-term charter contracts to a US oil major.

The proceeds of the time charter is approximately $200m over the minimum duration.

The Vessel “Mediterranean Voyager” was delivered by South Korean yard Daehan and the company is set to take delivery of another Aframax tanker, Caribbean Voyager, from the shipyard this year. In the meantime, TEN has two 174,000 cum LNG carriers under construction at Hyundai Heavy Industry.

“TEN continues its tested policy of enhancing strategic relationships with major end-users.

Petros Panagiotidis-led Castor Maritime has entered into an agreement to acquire a 2005-built Japanese Panamax dry bulk vessel for $10.2m.

The name of the vessel and seller was not revealed, but the company says the seller is a third party in which Panagiotidis has an interest. Details suggest the vessel is Pavimar’s Imabari-built Panamax Real Happiness. And it is valued at $10.28m byVesselsValue.

Petros Panagiotidis, the chairman, CEO and CFO of Castor, commented: “We are very pleased to announce the acquisition of our third dry bulk carrier. This is the second acquisition since our listing on NASDAQ last February. Consistent with our ambitious growth plan, we remain focused on seeking out future opportunities to expand our fleet in a manner that will be accretive to both our earnings and cash flows.”

The acquisition is expected to be completed by the end of the month.

Nicholas G Moundreas’s NGM Energy hasacquired 2000-built VLCC DS Commodore from German owner DS Tankers.

According to Seasure Shipbroking, the Hitachi-built crude tanker was sold to NGM Energy for a price of $22m and the new owner has requested prompt delivery to deploy it into the hot crude shipping market.

It is the third vessel NGM Energy has acquired from DS Tankers this year, having bought Suezmax tankers DS Melody and DS Symphony from the German owner in April.

Data from Braemar ACM shows that one in five VLCCs in operation today faces restrictions from US sanctions, which has pushed up the VLCC rate to over $300,000 a day in the past few days.

NGM Energy currently owns a fleet of 28 vessels made up of 18 tankers and 10 bulkers, with one Suezmax new ship-building on order at New Times Shipbuilding.

Offshore driller ADES International Holding has been awarded a contract for a drilling campaign in the Egyptian Mediterranean area at Nigma 1.

It will utilize Vantage Drilling’s drillship, Tungsten Explorer.

Mohamed Farouk, chief executive officer of ADES, commented: “We are extremely pleased to have secured a second deep-water drilling campaign with our top tier client in the Mediterranean, where we will build on our track record of consistently delivering high-quality service to our clients. This project is fully consistent with our focus on the region.

Norway’s Ocean Yield has acquired a 2016-built 37,300 cub ethylene gas carrier Navigator Aurora from Navigator Holdings for $69.75m net of seller’s credit.

The vessel will be bareboat chartered back to Navigator for a period of 13 years, in a deal which includes options for the charterer to acquire the vessel back.

Navigator Aurora is operating on a sub-charter to Borealis, transporting ethane from the US to Europe, until December 2026.

Lars Solbakken, CEO of Ocean Yield, commented: “We are pleased to further diversify our portfolio of vessels with the investment in an ethylene gas carrier with a 13-year charter to Navigator Gas. Including this vessel, Ocean Yield will have three vessels that can use ethane as fuel, reducing emissions compared to vessels that utilize conventional fuel.”