Dry Cargo

Anangel seals charter deals for two bulkers

John Angelicoussis’s Anangel-American Shipping Enterprises has secured spot contracts for two of its capesize bulkers, according to brokers.
 9/5/2013
Embiricos orders two containerships at Hyundai Samho
Only few ships reported this week. HMD introducing a new series of 87,000 dwt bulkers. The ships was reported at USD 33.5 mill, and will be delivered end of 2016. Prices are still sliding sideways, with yards chasing buyers for new ECO friendly ship designs. Embiricos has placed an order at Hyundai Samho for 2 containerships (USD 81 mln, delivery 2014).
 9/5/2013
Ultrabulk continues fleet expansion
In addition to the announcement covering three newbuilding units made by Ultrabulk on March 19th, Ultrabulk now confirms having added five further units to its long term fleet. The new units are one additional 61,000tdw Supramax bulker to be built at a Japanese yard and scheduled for delivery 2016, joined by another 81,000tdw Kamsarmax bulker for delivery in 2015.
 8/5/2013
Rights offering to bring 6 Supramaxes for Starbulk - analyst
Star Bulk Carriers should acquire up to six supramaxes when it concludes a rights offering, according to an analyst at Arctic Securities. In a note to clients Erik Nikolai Stavseth applauded the fundraiser, in which the Nasdaq-listed owner of 13 bulkers expects to raise between $75 and $125m.
 7/5/2013
Quintana & Minerva Marine linked to deals

Quintana has placed an order for 2 (+2) bulk carriers at Sungdong, S.Korea, according to broker reports. The vessels will be delivered in 2015 at a cost of USD 47 million – 48 million. In the secondhand market, brokers report Greece’s Minerva Marine has snapped up MR tanker vessel HALLINDED (45,990 / 2008 / Japan) for USD 20.5 million.

2/5/2013
Greeks make moves in secondhand market

Greek owners have been highly active in the secondhand market in week 7. In the bulk carrier segment, brokers report the PERUVIAN EXPRESS (79,252 2012 CHINA) was bought by Greeks for USD 19 million...

1/5/2013
Greeks active in secondhand market
In the Supramax sector, the resale YANGZHOU DAYANG DY4012 reported sold to undisclosed Greek buyers at US$ 25.1 million, the latest Clarkson Hellas S&P Weekly Bulletin notes. Japanese controlled M/V VALENTE ACE after inspected by 6 buyers during her SS/DD in Naikai, Japan, understand she is committed to Greek buyers for US$ 20.5m.
 30/4/2013
Ore-Ship Rates Climb to a One-Month High as Charters Increase
Costs to haul iron ore and coal on Capesize ships, the largest carriers of the commodities, rose for a third session to a one-month high after more vessels were chartered.
 30/4/2013
Oceanbulk & Econav linked to deals
Greek players continue to dominate the dry bulk second hand market, Lion Shipbrokers report. Seven to eight prospective buyers (half of them being Greeks) are currently inspecting Japanese controlled panamax BOTAFOGO (76K BLT 2001 IMABARI/JAPAN).
 29/4/2013
Diana not "Pacific Tiara" buyer
Diana Shipping has dismissed rumours that it had purchased the 180,000–dwt capesize bulker Pacific Tiara (built 2004) worth USD 25.5 million, in response to broker reports to the contrary.
 25/4/2013

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