Maran Tankers linked to SAMCO ASIA acquisition

Broker reports suggest Maran Tankers has acquired tanker vessel SAMCO ASIA (dwt 305000 blt 2003 S.Korea) for USD 35.5 million.

Reports also suggest a Greek player is behind the purchase of tanker vessel ST.PAULI (dwt 47149 blt 2003 Japan) for a reported USD 14 million.

In the bulker segment, Greeks have moved for bulker HONESTY OCEAN (dwt 47240 blt 1997 Japan) for a reported USD 8.25 million. 


In June of this year two American companies, Enterprise Product Partners and Pioneer Natural Resources, received permission to export slightly treated condensates from the United States...
Brokers report the 297,200-dwt New Progress (built 1994) has been sent for scrap in Pakistan. Adam Polemis' New Shipping will make around USD 20 million as a price of $514 to $515 per ldt is being placed on the sale.
Despite falling oil prices, traders in recent weeks have booked just a few tankers to store cargoes at sea as higher freight costs outweigh any profit play for now. This is partly due to expectation among tanker owners for higher rates in the final quarter of the year.
The cost of transporting 80,000 mt crude cargoes on the Cross Mediterranean route has been rising amid strong levels of inquiry from charterers and a tight position list, shipping sources said Wednesday.

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