The M/V BRILLIANT TRADER (87,144 dwt 2006 blt IHI) is committed to Greek buyers at US$ 18.8 million while the resale TSUNEISHI ZHOUSHAN SS-132 (81,600 dwt 2013 blt) has also gone to Greek buyers for US$ 28 million, according to the latest Clarkson Hellas Weekly Bulletin.

Main focus on tankers and MR sized product carriers in particular. Leading builder Hyundai Mipo announced a contract for further 10 units at a total price in the region of usd 305/310 million. Hyundai Heavy said to be in final negotiations for initially two Aframax tankers for account of Kyklades Maritime subject to a time charter agreement with Total.

Cyprus Maritime has acquired tanker vessel BRITISH OAK (dwt 106,395 blt 2003 Japan) for USD 15 million, according to broker reports. Greeks have also moved for the LEO STAR (dwt 17,568 blt 2008 S.Korea) tanker vessel for USD 12.6 million.

Limited inflow of new tonnage and very high volumes being transported establish light at the end of the tunnel.

Demand: The first couple of months have been challenging for all vessel sizes, but what was expected to become an extraordinary difficult year for Panamax owners has so far proven to be a somewhat positive surprise...

Diana Shipping, a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that it signed yesterday, through a separate wholly-owned subsidiary, a Memorandum of Agreement to purchase from an unaffiliated third party the m/v “Tamou”, a 2005 built Capesize dry bulk carrier of 177,243 dwt, for a purchase price of US$27,020,202.

Capesize bulker M/V TAMOU (177,243 dwt 2005 blt Namura) controlled by clients of Doun Kisen, having been inspected by 9 parties in in Xingang, China at the end of March and invited offers earlier this week has now been sold to Greek buyers for region US$27m basis a charterfree delivery by arrangement, according to the latest Clarkson Hellas Weekly Bulletin.

Lion Shipbrokers report the en bloc sale of two VLCC sisters EAGLE VENICE & EAGLE VALENCIA (307K BLT 2005 SAMSUNG/S. KOREA) to clients of Springfield (Onassis Group) of Greece for $78-$80 mill. Clients of Navios are reported to have bought en bloc 2 Super Ice Class sisters INDIGO POINT & IVORY POINT (51K BLT 2007 STX/S. KOREA) for $46.5 mill (about $23 mill each).

Aeolos Management is said to be finalizing a deal for the construction up to four (+2) 9,000TEU boxships at Hyundai HI for delivery at the end of 2014 at about $80mil each. Kyklades Shipping is close to signing a contract for two aframax tankers at Hyundai HI,  subject to a time charter agreement with Total. Callimanopoulos Group is said to have inked an order for three firm kamsarmax bulkers 82,000dwt at Jiangsu New Yangzijiang Shipbuilding.

Diana Shipping, a global shipping company specializing in the ownership and operation of dry bulk vessels, today announced that it has entered into a time charter contract with Rio Tinto Shipping Pty, Ltd., Melbourne, Australia, through a separate wholly-owned subsidiary, for one of its Panamax dry bulk carriers, the m/v Melia.