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FSL Trust Agreement To Sell Two LR2 Tanker Newbuildings

FSL Trust Management, as trustee-manager of First Ship Lease Trust, has executed memoranda of agreement to sell two LR2 product tanker newbuildings, reports Offshore...

Petronav Carriers Takes Long-term Charter of New MR Tanker

Petronav Carriers, a subsidiary of Delaware-based Petrogress, has added a 38,000 dwt FKAB MR tanker to its fleet via a long-term charter for operations...

FSL Trust Seals MR Tanker Sale Deal

FSL Trust sealed a deal to sell its 2007-built MR product tanker, says a press release published on their website. Sale details Singapore’s FSL Trust Management...

Seaspan Adds 2 Emission Reduction Vessels on Long-term Charters

Seaspan Corporation, a wholly-owned subsidiary of Atlas Corp., has entered into an agreement to acquire two young, high-quality 15,000 TEU scrubber-fitted containerships on a...

Transworld Group Expands Its Bulker Fleet

UAE’s Transworld Group announced the acquisition of 2011-built handy bulker Asahi Maru from Japanese owner Yokoyama Kaiun, says an article published in Splash 247. Acquisition...

Baltic Index Snaps 4-session Losing Streak

The Baltic Exchange's main sea freight index gained on Tuesday, reports Yahoo Finance. Baltic index gain The Baltic Exchange's main sea freight index gained on Tuesday,...

One-third of Lim Family Ships Sold To Repay Debts

Each VLCC raised about $30 mln. Bunker barges sold at $2 mln to $3 mln. Greek ship owners among buyers. About one-third of the...

China Proposed Guidelines For Green Economy

In an effort to accelerate the development of a green and low-carbon circular economy and hit peak carbon emissions at around 2030 and carbon...

Remarkable Month for MSC

Mediterranean Shipping Co (MSC) shows no sign of slowing down its hunger for secondhand tonnage with brokers this week linking the line to another...

Torm Buys 8 MR Tankers In a Cash & Share Deal

Denmark’s Torm is buying eight Croatian-built MR tankers from Team Tankers, paying for the ships with $82.5m in cash and the issuance of 5.97m...
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