DOF reshapes its fleet with vessel sales and new acquisitions
Norwegian offshore owner DOF is reshaping its fleet, selling four platform supply vessels while adding construction tonnage.
SBM Offshore to sell a stake in a Mexican FSO to NYK
SBM Offshore is selling a 45% stake in a new FSO bound for Mexico's Trion field to NYK, keeping majority control.
A 26-year-old car carrier fetches $42m at auction
A car carrier built in 2000 has sold at auction for around $42m, an exceptional price for its age.
Seamec buys a diving support vessel from its parent for $70m
An Indian offshore operator has agreed to buy a 2023-built diving support vessel from its parent for $70m.
Paragon buys into Indonesian coal shipping in a $50m deal
A Jakarta-listed miner has completed a $50m takeover of an Indonesian coal-shipping platform.
Navigator Gas sells eight carriers and exits a joint venture
Navigator Gas has agreed to sell eight gas carriers and its stake in a shipping pool for about 183 million dollars.
DHT Holdings locks in a supertanker on a three-year charter
Crude tanker owner DHT Holdings has fixed one of its very large crude carriers for three years at 75,000 dollars a day.
Exmar sells five gas carriers for a $35m profit
Belgian gas shipowner Exmar has agreed to sell five LPG carriers in a deal expected to generate a profit of around $35m.
Greek owner books a $7m profit on ultramax sale to Meghna
Low-profile Greek interests are set to bank nearly $7m in profit from selling a six-year-old ultramax bulker to Bangladesh's Meghna Group.
BW LPG unit sells 2007-built gas carrier for $64m
A BW LPG subsidiary has agreed to sell the 2007-built gas carrier BW Elm for continued trading, expecting net proceeds of around $64m.
Hayfin sells 11-vessel anchor-handler fleet to new owner
Hayfin has agreed to sell an 11-ship anchor-handling fleet, while a separate deal brings its manager into a new joint venture.
ADNOC L&S adds four LNG carriers in $900m China deal
ADNOC Logistics & Services has ordered four more LNG carriers at China's Jiangnan Shipyard in a $900m deal, lifting its LNG newbuild programme to 18 vessels.
Union Maritime widens newbuild push with first VLGC order
Union Maritime has been linked to its first VLGC newbuildings, two large gas carriers at HD Hyundai Heavy for delivery in 2029.
BW LPG India books $36m gain selling vintage VLGC
BW LPG has agreed to sell the 2007-built VLGC BW Elm through its Indian arm, booking a $36m gain as strong secondhand values fund fleet renewal.
Polaris lines up Vale-backed newcastlemaxes in China
Polaris Shipping has been linked to an order for up to four newcastlemax bulkers at China's Hengli yard, tied to long-term Vale employment.
JP Morgan linked to fresh Samsung suezmax order
JP Morgan has been linked to another suezmax order at Samsung Heavy Industries, worth $189m for two crude tankers due by 2029.
C Management builds capesize fleet to three with Maran pair
C Management has lifted its capesize count to three, buying two older Maran Dry Management bulkers sold at the end of May.
Xiamen ITG Marine orders eco multipurpose ships at Qinshi Jiamei
Xiamen ITG Marine has firmed a 2+2+2 order for 15,200 dwt eco multipurpose vessels at Qinshi Jiamei Shipyard for German owner Von Nordic Marine.
Polaris Autoliners buys two car carriers from MSC’s Global Car Carriers
Polaris Autoliners has bought two 2,000 ceu car carriers from MSC’s Global Car Carriers for about $44m, lifting its controlled fleet to 10 vessels.
Shanghai Minsheng adds second feeder pair at New Dayang
Shanghai Minsheng has declared options for two more 1,100 teu feeder containerships at New Dayang, building a four-ship series with deliveries to 2029.
Wagenborg orders 10 ice-class vessels at China's Dajin
Dutch shipping company Royal Wagenborg has ordered ten new multipurpose cargo vessels at China's Dajin Heavy Industry, as part of a fleet expansion in partnership with UK-based Carisbrooke Shipping. Each ship will have…
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…
Advantage Tankers orders suezmax pair at Samsung
Geneva-based Advantage Tankers has confirmed two suezmax newbuildings at Samsung Heavy Industries. The 157,000 dwt dual-fuel-ready crude tankers Advantage Spirit and Advantage Synergy are listed on the owner's newbuildi…
Cosco and Shell seal four LNG carriers at Jiangnan
Cosco Shipping Energy and Shell have contracted four 175,000-cbm LNG carriers at China’s Jiangnan Shipyard, with the ships set to run on long-term charter to Shell.
Tsakos adds second LNG carrier at HD Hyundai
Tsakos Energy Navigation has ordered a second LNG carrier at HD Hyundai Heavy Industries, lifting its newbuilding programme to 20 vessels as it deepens its push into gas shipping.
DEME orders new 22,000 m3 trailing suction hopper dredger
DEME is strengthening its dredging fleet with the order of a new 22,000 m3 trailing suction hopper dredger, aimed at higher productivity and lower greenhouse gas intensity per dredged cubic metre.
COSCO orders 24 bulkers in $1.27bn leasing play
COSCO Shipping Development has ordered 24 dry bulk vessels worth RMB8.66bn ($1.27bn), deepening its leasing business with long-term charters back into the COSCO group.
Nissen Kaiun closes in on double-digit bulker sell-off
Japan's Nissen Kaiun is nearing double-digit vessel sales for the first half of 2026, with the 183,000 dwt Lady Deena reportedly sold to Chinese buyers for around $70m.
Pan Ocean keeps VLCC push rolling
South Korea's Pan Ocean has ordered two more VLCC newbuildings, ammonia-ready and priced at about $122m each, extending a rapid crude tanker expansion.
U-Ming signs for newcastlemax newbuilds in China
U-Ming Marine Transport has signed for up to four newcastlemax newbuildings at Jiangsu Hantong Ship Heavy Industry, part of a plan to grow its fleet beyond 100 vessels.
MSC returns to megaship ordering with up to 20 new giants
MSC has reportedly returned to the newbuilding market with an order for up to 20 20,000 teu LNG dual-fuel containerships at China's Hengli Heavy Industry.
Yasa tipped for debut VLCC order
Turkey's Yasa Holding is being linked to its first VLCC newbuilding order — four 319,000 dwt units in China at $125m each — amid one of the busiest supertanker ordering spells in years.
Asiatic Lloyd signs up for three LR2 tankers
Singapore's Asiatic Lloyd is linked to three LR2 newbuildings at HD Hyundai's Philippines yard, marking its return to the larger product tanker segment after exiting LR2s in 2023.
MPCC moves up in size with $340m boxship buy
MPC Container Ships is buying four 7,000 teu boxships for $340m, moving into a larger segment while selling two older vessels and lifting its backlog to $2.2bn.
HMM moves on $1.1bn bulker and gas carrier haul
HMM has unveiled a KRW1.7trn ($1.1bn) order for eight bulk carriers and two gas carriers, the latest step in the Korean major's drive to diversify beyond containers.
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