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James Fisher selling 2007-built dive support vessel

UK-headquartered provider of marine engineering services James Fisher and Sons is selling the Subtech Swordfish dive support vessel (DSV) for a cash consideration of...

Containers values continue to soften

The decrease in demand for Container vessels comes as earnings have continued to fall from the record breaking peaks seen earlier this year, where...

Algoma announces acquisition of two product tankers

Algoma Central Corporation has acquired two 18,894 dwt product tankers to join the Algoma Product Tankers fleet, according to the company's release. Built in...

Algoma Central Corporation Announces Acquisition of Two Product Tankers

The investment strengthens Algoma’s commitment to long-term sustainable shipping solutions Algoma Central Corporation (Algoma) (TSX: ALC), on Thursday (Dec 22), announced that it has acquired...

Capesize values continue to soften

This was supported by the sales of Capesizes, with the Wisdom of the Sea 1 and 2 (180,200 DWT, July 2011, Daehan) having been...

Advanced Shipping & Trading – WEEKLY SHIPPING MARKET REPORT WEEK 49, 2022

Chinese owners have committed their Post Panamax “TW Manila” 93/2012 Jiangsu, China (SS 04/2027, DD 04/2025) for USD 19 mill. Source: Advanced Shipping & Trading...

Diana Shipping Inc. Announces Sale And Leaseback of m/v DSI Andromeda and Time Charter Contract for m/v DSI Pegasus With Reachy

Diana Shipping Inc., a global shipping company specializing in the ownership and bareboat charter-in of dry bulk vessels, today announced that, through a separate...

Concordia Maritime announces delivery of sold vessel and continued review of its fleet

Concordia Maritime has agreed on the sale of its three older ships Stena Primorsk, Stena Performance and Stena Provence On November 30, the sold product...

MR values hit 14 year high

Notable recent sales include the Celsius Roskilde (46,100 DWT, July 2009, Hyundai Mipo), which was sold for USD 28 mil, VV value USD 24.2...

Genting World Dream coming up for auction

A 2016-built, 150,695 gt cruise ship from a top shipbuilder could be yours. The Singapore Sheriff is putting the (Genting) World Dream up for auction. The...
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