Qatari bulk carrier owner S’hail Shipping has acquired the 2006-built 82,800 DWT Panamax bulk carrier Medi Hong Kong from Italian owner D’Amico Dry.

Shipbroking sources confirmed that the Tsuneishi Zosen-built vessel was sold to S’hail for a price of around $9.25m. MSI values the vessel at $9.7m.

S’hail Shipping was established in 2017 and has since built up its fleet through secondhand acquisitions, with this latest deal expanding the company’s fleet to eight bulk carriers.

Oman Shipping has acquired the 2015-built 63,700 DWT bulk carrier SBI Taurus as the company continues to expand its Ultramax fleet.

Multiple shipbroking sources confirmed that Scorpio Bulkers sold the Chinese-built vessel to Oman Shipping for a price of $18.5m, slightly higher than VesselsValue’s valuation of $17.4m.

Oman Shipping is primarily focused on tanker shipping with an owned fleet of 31 tankers, six LNG carriers and one LPG carrier. It entered the Ultramax bulker sector last year with the acquisition of two resale bulk carriers from Yangzijiang Shipbuilding.

Following the deal, the company’s bulker fleet will be expanded to seven vessels made up of four Capesizes and three Ultramaxes.

Sevenseas Investment Fund, an umbrella fund incorporated in Luxembourg, has acquired its first ever bulk carrier – the 2012-built 36,600 DWT handy bulker Federica.

The vessel was bought from Greek owner Super Eco Bulkers. While no price was revealed, VesselsValue’s valuation on the ship is $10.3m.

According to Sevenseas, the fund is looking to acquire and operate a modern fleet of the worlds’ most flexible dry bulk carriers, with self loaders / unloaders, from 30,000 up to 65,000 DWT and it has targeted vessels ideally four to 10 years old, built by Japanese, Korean or top-tier Chinese yards.

Sevenseas aims to fund acquisitions with up to 40% debt and deploy the vessels on the short-term charter market.

Belgium-based tanker owner Euronav has announced the sale of its 2003-built 150,000 DWT Suezmax tanker Finesse for a price of $21.8m.

The latest ship registration information shows the vessel has been renamed Aldus, although the identity of the new owner remains unknown.

Euronav said it considers regular fleet rejuvenation an important function of vessel management in providing quality services and following the sale its Suezmax fleet will have 26 vessels.

Earlier this month, Euronav acquired three resale newbuild VLCCs at DSME in South Korea.

Danish ship investment firm Navigare Capital Partners has acquired a 13,800 TEU mega containership as it continues to expand its boxship fleet.

VesselsValue data shows Navigare has brought in the 2014-built Thalassa Pistis from Greek owner Nikolas Lemos-led Enesel for an undisclosed price. The vessel is valued at $95.66m by VesselsValue.

It becomes the largest containership in Navigare’s fleet, which now consists of nine boxships, six tankers, three bulk carriers and one LNG carrier newbuilding.

Thalassa Pistis has been on a long-term charter with Evergreen Marine since January 2014. The contract is for a period of 10 years.

Earlier this month, Navigare also acquired 2015-built 3,500 TEU containership Niledutch Antwerpen from Dutch owner Niledutch.

Greek owner Performance Shipping, formerly Diana Containerships, continues its transformation into a pure-play aframax owner.

The company has acquired 2007-built aframax  FSL Shanghai from Singapore’s First Ship Lease Trust for $26m. The vessel, which is valued by MSI at $23.1m, is scheduled for delivery by the end of March.

The acquisition will see Performance Shipping’s fleet grow to five vessels made up of four aframaxes and a panamax containership.

Greek dry bulk owner Diana Shipping has announced that it has received a notice of cancellation of the contract to sell 2005-built Panamax bulker Calipso.

The vessel was sold by Diana Shipping to an unnamed third party in December for $7.275m.

The buyer has since elected to exercise their right to cancel as a result of the vessel missing the canceling date due to unforeseen events, unrelated to the condition of the vessel. It has now taken steps to release the deposit to the buyers.

The cancellation leaves Diana Shipping with a fleet of 41 vessels.

Norway’s Odfjell Tankers has sold 2000-built small chemical tanker Bow Andes to Hong Kong-based Chinese owner Taihua Ship Management, according to brokers.

Both Seasure Shipbrokers and Advanced Shipping and Trading are reporting the sale of the Japanese-built 16,000 DWT vessel for $5m. The tanker, which has a special survey due, is valued by VesselsValue at $5.23m.

If confirmed, the acquisition will grow the Taihua fleet to 13 vessels made up exclusively of small oil and chemical tankers.

Chinese dry bulk operator CSC Phoenix has announced the acquisition of 2003-built 52,400 DWT Supramax bulk carrier Shen Yu 89.

The Tsuneishi Cebu-built vessel was sold by Ningbo Haiyue Shipping for a price of RMB65.73m ($9.42m), much higher than VesselsValue’s valuation of $6.53m.

CSC Phoenix hopes the new acquisition will help the company solve its capacity shortage issue. The vessel will be used for domestic coastal shipping operations.

Greek tanker owner Top Ships has announced the sale of two MR2 product tankers Stenaweco Elegance and Eco Palm Desert to unaffiliated third parties.

Stenaweco Elegance and Eco Palm Desert are currently chartered to Stena Weco and Shell respectively.

Tops Ships expects to conclude the deal within the first quarter.

Earlier this week, multiple shipbroking houses reported that JP Morgan Global Maritime acquired two MR tankers from Top Ships.