CIT Group announced that its Maritime Finance business is providing funds in financing for a portfolio of seven dry bulk vessels.
Dynamic Bulk Holdings, a leading dry bulk shipping operator, will use the loan to refinance.CIT Group Inc. (NYSE: CIT)...
Mediterranean Shipping Company (MSC) added around 60 secondhand vessels over the last 10 months, and now reports show the acquisition of another five boxships, reports Splash 247.
No slowing down
Having added around 60 secondhand vessels over the last 10 months,...
Dry bulk shipowner Pioneer Marine plans to close shop.
It has put its whole fleet up for sale.Dry bulk shipowner Pioneer Marine has put its fleet up for sale and then plans to close shop, reports Seatrade Maritime...
First container block train to India from Finland runs via Azerbaijan.
This is a joint project of Russian Railways, ADY Container LLC and Tarkib Trans Co.
INSTC considers this transportation as its pilot project.
The role of this...
Kawasaki announced the delivery of 82,000 DWT bulk carrier KN BLOSSOM.
The vessel is equipped with an electronically controlled main diesel engine.
Kawasaki rudder bulb system with fins and semi-duct system with contra fins also contribute to vessel...
Seaspan strengthens partnership with COSCO Shipping by forward fixing contracts for 17 vessels.
The new charter terms expected to generate approximately $0.7 billion of gross cash flow.
This approach is expected to contribute to market stabilization.Seaspan Corporation (“Seaspan”),...
Singapore-based Eastern Pacific Shipping (EPS) has placed an order for the construction of up to six dual-fuel car carriers with China Merchants Jinling shipyard, says an article published in Offshore Energy.
Deal for car carriers
The deal includes four firm 70,000...
Diana Shipping Inc. has entered into a time charter contract with Viterra Chartering B.V., Rotterdam, says a press release published on their website.
Time charter agreement
Diana Shipping Inc. announced that, through a separate wholly-owned subsidiary, it has entered into a...
Eurotankers acquired the 2009-built VLCC Athenian Victory.
The price reported around $42.5m.
Eurotankers fleet grew to 13 vessels made up of three handy bulkers and 10 tankers.
Sale left Athenian Sea Carriers with a fleet of five VLCCs.Greek...
MPC Container Ships ASA entered into a share purchase agreement to acquire Songa Container AS for an aggregate purchase price of USD 210.25 million on a debt and cash-free basis, says a press release published on PRNewswire.
Songa's fleet
With this...
