Norway’s Solstad Offshore has sealed an agreement with Ørsted for the hire of 2013-built CSV Normand Jarl to support the Greater Changhua 1 & 2a offshore wind farms in Taiwan.
Commencement is scheduled for the second quarter of 2021, and the firm period on the contract is 15 months with five additional one-month options.
Shenzhen COSCO LPG Shipping, a unit of COSCO Shipping Group, has acquired the 2012-built 3,500 cum LPG carrier Feng Yi 2 from domestic owner Zhejiang Fengyi Shipping.
The vessel has been renamed Ji Xiang Yuan and will be deployed for domestic gas shipping services. While the price of the transaction was not revealed, VesselsValue places a $6.77m market value on the vessel.
Following the acquisition, Shenzhen COSCO LPG Shipping expands to six LPG carriers with a total capacity of 21,910 cum.
Chinese domestic dry bulk operator CSC Phoenix has announced the sale of the 1987-built 43,500 DWT handymax bulker Ling Hai.
The Japanese-built vessel has been sold to Zhoushan Changhong International Ship Recycling for RMB19.12m ($2.78m) via an auction, slightly higher than VesselsValue’s valuation of $2.55m.
Danish tanker owner Nordic Shipholding has listed 2007-built, 38,400 DWT MR tanker Nordic Hanne for sale.
The sale should generate around $10m, with VesselsValue placing a market value on the vessel at $10.7m.
Nordic Shipholding said the five tankers in its fleet would continue to be commercially deployed on a pool basis for the rest of this year.
UAE-based Nan Lian Ship Management has been confirmed as the buyer of the 2001-built 159,200 DWT Suezmax tanker Sonangol Kizomba.
Multiple shipbroking houses reported last week that the DSME-built vessel had been sold by Angolan state oil company Sonangol for a price of $12.3m, lower than VesselsValue’s valuation of $14.35m. Seasure Shipbroking has identified the buyer as Nan Lian Ship Management, with ship registration information showing that the vessel has been renamed Antares Shine.
Dubai-based Nan Lian Ship Management currently owns two tankers.
Greek owner Performance Shipping, formerly Diana Containerships, has sold its last boxship to complete its reincarnation as a pure-play Aframax tanker owner.
Performance has entered an agreement to sell the 2001-built Panamax boxship Domingo, to an unaffiliated third party, for a price of $5.6m. The vessel has already been delivered this week, leaving the company with a fleet of four Aframax tankers.
This will enable us to take advantage of growth opportunities, which will help us increase our presence in the Aframax tanker market.
German owner Nordic Hamburg has added to its diverse fleet with the acquisition of 2013-built handysize bulker Selinda from John T Essberger.
Brokers report the price of the transaction at $8.85m, substantially less than the market value of $9.45m indicated by VesselsValue.
The sale marks an exit from the dry bulk sector for Essberger, who sealed a deal to sell their other handysize bulker Zambesi last month.
Once the sales are completed, Essberger will be left with 30 chemical tankers and three containerships in its fleet.
Restructured commodity trader Noble Group Holdings has announced that it has completed the sale of 2010-built post-Panamax bulker Ocean Garnet.
The vessel was sold for a price of $11m, in line with the $11.06m valuation from VesselsValue. Noble did not name the buyer of the vessel, which was the subject of a failed sale earlier in the year.
The sale leaves Noble with six vessels according to VesselsValue. And it lists Noble with two Capes, three post-Panamaxes and a geared Panamax.
US bulker owner Pangaea Logistics Solutions has revealed the sale of one of its older bulkers in its second-quarter report.
Pangaea said it had entered into an agreement to sell 2002-built Supramax bulker “Bulk Beothuk” for $4.6m. The bulker has been delivered to its new owners, which Equasis shows as Chinese company Sea Ray Shipping. It has been renamed Ophelia.
Mitsui OSK Lines (MOL) 30-ship strong VLCC arm has let go of the 15-year-old Otowasan for around $27m.
The sale of the 302,477 DWT Kawasaki-built ship is MOL’s first VLCC sale since October last year. The sale comes at a time where VLCC rates have tumbled to their lowest levels since February.
In late April VesselsValue noted that the same aged 309,200 DWT Samsung-built Olympic Leader changed ownership for $39.7m at a time when VLCCs were getting six-digit figures per day in the spot market.