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Capesize bulk carrier at sea
Vessel sales

Mercuria's Capesize Buying Spree Approaches 1.5 Million DWT

Mercuria's secondhand capesize buying is nearing 1.5m dwt after the purchase of the 180,000 dwt Mount Dampier for around $38 million.

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Product tanker under way at sea
Vessel sales

Hafnia Exits Andromeda Joint Venture with $13.3 Million Gain

Hafnia has sold its 50 percent interest in H&A Shipping, the joint venture with Monaco-based Andromeda Shipping, booking a $13.3 million profit.

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A cruise ship passing under a bridge
Vessel sales

NCLH Moves Five Ships Out as a $20 Billion Orderbook Builds

Norwegian Cruise Line Holdings is running the industry's only active fleet optimization programme, with five ships leaving between 2026 and 2028 and 16 on order to 2037.

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Four-Year-Old Capesize Bulker Sells For Seventy-Eight Million
Vessel sales

Four-Year-Old Capesize Bulker Sells For Seventy-Eight Million

A capesize bulk carrier built in 2022 has been sold for around seventy-eight million dollars in what brokers describe as an exceptionally rare transaction, as a large Japanese private owner trims a fleet of some twenty vessels in the

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Norwegian Owner Sells Two Suezmax Tankers And Prepares Newbuildings
Vessel sales

Norwegian Owner Sells Two Suezmax Tankers And Prepares Newbuildings

A Norwegian tanker owner has agreed to sell two Suezmax tankers built in 2004 and 2005 for a combined fifty million dollars, expecting a book profit of about fourteen million, and has reached a preliminary agreement for two

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Bulk carrier loading in port
Vessel sales

Zodiac Maritime lands record price in first capesize sale of the year

Zodiac Maritime has sold the capesize bulk carrier Cape Condor for around 39 million dollars, a figure brokers describe as a record for a vessel of her age and the London-based owner's first capesize disposal of the year.

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Officer shortage risks exceeding 100,000 by 2030
Vessel sales

Indonesian owners give older LNG carriers a second life

Indonesian owners are continuing to buy up older large LNG carriers, giving laid-up ships a second life just as segment values slide. About a month ago brokers flagged MISC's sale of the 158,000 cu m sisters Seri Balhaf…

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