Korea Shipbuilding & Marine Engineering (KSOE), has won orders for three ships worth 152 billion won, reports BusinessKorea.
About the contract
KSOE announced on Feb. 8 that it has recently signed a contract with Oceania-based shipping companies to build three ships. This...
Star Bulk is the latest company seeking to capitalize on Scorpio Bulkers's exit from dry bulk, taking on seven of its ships, reports Ship&Bunker.
The massive buy
Star Bulk has agreed to buy the SBI Pegasus, the SBI Ursa, the SBI...
Samsung Heavy Industries Co. wins a 230 billion-won ($206 million) order from an Oceanian company.
Under the deal, two 13,000 twenty-foot equivalent unit (TEU) container carriers will be delivered from the first half of 2023.
The amount of...
Arne Blystad’s Songa Container has announced the sale of 2013-built 4,957 teu post-panamax boxship Songa Toscana, says an article published in splash247.
Valuation
The vessel was sold for $42.3m, far in excess of the $32.7m valuation according to both VesselsValue and MSI....
Baltic Exchange publishes the weekly Ningbo Containerised Freight Index, compiled by the Ningbo Shipping Exchange.The index is reported every Friday (except Chinese holidays) at 1600 (Beijing).Weekly composite index covering 20ft, 40ft and Hi Cube box rates by Ningbo Shipping...
d’Amico International Shipping S.A., announces that its operating subsidiary d’Amico Tankers D.A.C. (Ireland) (“d’Amico Tankers”), exercised its purchase option on the MT High Priority, says a press release published on their website.
Vessel purchase
d’Amico International Shipping S.A., announced that its...
The global VLCC orderbook has seen a sizeable chunk removed this week, reports Splash247.
The cancellation
South Korea’s Hyundai Heavy Industries and sister yard Hyundai Samho Heavy Industries have cancelled 10 VLCC construction contracts worth KRW980bn ($871.6m) due to the unspecified...
Yang Ming has taken charge of the fourth in the series of ten 12,690 teu neo-panamax vessels three months ahead of schedule, says an article published in the loadstar.
THE Alliance’s Transpacific
The Taiwanese carrier said the YM Target will be deployed immediately on...
Container line Evergreen is planning a significant expansion of its fleet, says an article published in Ship&Bunker.
Fleet Expansion
Container line Evergreen is planning a significant expansion of its fleet, adding 15,000 TEU vessels from multiple sources.The company is planning to...
According to a Freight Waves report, Ocean Network Express’ announcement that its quarterly profit “significantly increased” could be the understatement of understatements. ONE’s third-quarter after-tax profit skyrocketed by something along the lines of 18,800% — from $5 million in...
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