US dry bulk owner and operator Eagle bulk has confirmed the sale of 2002-built Supramax Goldeneye for $5m.
Various brokers reported the sale last month, however the buyer has yet to be revealed. The vessel was sold ahead of its statutory dry dock and is expected to be delivered during the third quarter.
The sale will leave Eagle Bulk with a fleet of 49 bulkers, made up of 20 Ultramaxes and 29 Supramaxes.
Norwegian LPG carrier operator Avance Gas has announced the sale of the 2003-built VLGC Avance to an undisclosed buyer for a price of $35m.
The 82,500 cum vessel is set to be delivered to the new owner before September, and the sale will generate around $17m in net cash proceeds for the company after debt repayment.
Avance Gas said the sale is in line with the company’s fleet renewal strategy.
The company currently has a fleet of 14 VLGCs, with a further two 91,000 cum VLGCs under construction at DSME.
Japan’s Miyazaki Sangyo Kaiun has let go of one-third of its cape arm, pocketing $14.9 m on the sale of the 15-year-old, 203,212 DWT Pacific Oak.
Broking sources say China’s fast-growing cape player, Seacon Shipping, has sealed its second cape deal since May, bringing its cape arm up to three ships.
Miyazaki Sangyo fetched a firm price for the newcastlemax. And it will continue to make headlines in the weeks to come. Its next ship on the sales block is the 2007-built, 176,000-DWT Lowlands Erica. This ship is inspectable today in Vietnam.
Irish owner Ardmore Shipping has expanded its tanker fleet with the acquisition of one tanker and the chartering in of another.
The company confirmed that it has entered into an agreement to acquire a 2010-built 50,093 DWT Japanese-built MR tanker for a price of $16.7m. Shipbroking sources reported that the vessel is Maersk Murotsu, sold by Japanese owner Fuyo Kaiun.
Additionally, the company agreed to charter-in a 47,981 DWT 2010 Japanese-built MR product tanker for one year at a rate of approximately $13,400 per day, plus a one-year extension option. Delivery is expected in September 2020.
Ardmore Shipping has 25 vessels in operation, including 19 MR tankers and six product tankers.
Dutch owner Anthony Veder has acquired a resale newbuild 30,000 cum LNG carrier from China’s Ningbo Xinle Shipbuilding.
The vessel was originally ordered by Zhejiang Yuanhe Shipping in 2013 for a price of RMB650m ($93m) and named Yuan He 1 after the company secured a 15-year charter contract with PetroChina. The owner was later hit by a financial crisis and abandoned the vessel.
Anthony Veder has now taken over the ownership of the dual-fuel LNG carrier and renamed it Coral Encanto. The price of the deal was not disclosed, and the vessel has a market value of $50.3m according to VesselsValue.
Seaspan Corporation has sealed an agreement to acquire a pair of 13,000 TEU containerships for around $146m in cash.
The two vessels, built in 2010 and 2011, are scheduled for delivery during the third quarter of this year and are already on long-term charters with contracted revenue of over $150m.
The acquisition will take Seaspan’s fleet to 125 vessels and around 1.049mTEU.
Allied Shipbroking has named Erasmus Shipinvest as the buyer of 2015-built 34,500 DWT handy bulker Pegasus Ocean, sold by Mitsubishi Corporation’s MC Shipping.
While several brokers have reported the sale, Allied has identified the Athens-based dry bulk outfit, as the buyer taking over the Japanese-built bulker for a price of $13.5m, slightly higher than VesselsValue’s valuation of $12.9m.
Erasmus currently owns a fleet of eight bulkers, made up of five Panamaxes, one Ultramax and two Handymaxes.
Hong Kong and Qingdao-based Agricore shipping is showing its financial muscle, sealing its second purchase in a very short time.
The data revealed last week that the bullish outfit had made its first purchase in a year, adding the 176,300 DWT Great Challenger for around $12.5m.
This week a second deal has come to light. Sources tell that Agricore has raised close to $10m to add its first Post-Panamax, the nine-year-old 93,300 DWT LM Victoria from Liberty Maritime.
Initially, a charterer, Agricore’s business entered shipowning in 2018. Since then it has added two Panamaxes, one Post-Panamax, one Supramax and two capes.
Chinese dry bulk owner Jinhui Shipping and Transportation has added to its fleet with the acquisition of 2001-built supramax bulker Atlantica.
Jinhui has paid $3.95m to Greece’s Alloceans Shipping for the Shanghai Shipyard-built vessel, which has a market value of $3.38m and a scrap value of $2.98m according to VesselsValue.
The vessel is scheduled for delivery between July 10 and August 10 and will grow the Jinhui fleet to 19. The company currently owns 16 Supramaxes and two Post-panamaxes.
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.