Category: Hoortash Iranian

Hoortash Iranian
17 Jan by

China Merchants sells stake in Brazilian terminal to state funds

January 17th, 2020 Jason Jiang Greater China, Ports and Logistics 0 comments China Merchants has brought in two strategic investors for its TCP container terminal in Brazil through the selling of stakes in the terminal to two state-backed funds. Under an agreement signed on Thursday, China Merchants Port Holdings sold a total of 22.55% equity […]
Hoortash Iranian
17 Jan by

Binhai Heavy Machinery secures jackup charter contract

January 17th, 2020 Jason Jiang Americas, Greater China, Offshore 0 comments Tianjin Binhai Heavy Machinery, a subsidiary yard of Taiyuan Heavy Industry, has entered into a charter contract with Mexican drilling company Perforaciones Marítimas Mexicanas (PMM) for a newbuild jackup rig. Under the contract, PMM will charter the rig from Binhai Heavy for a fix […]
Hoortash Iranian
17 Jan by

RBD Armatori’s fleet bound for Reuben Brothers and Premuda

January 17th, 2020 Nicola Capuzzo Dry Cargo, Europe 0 comments With the approval by the Court of Torre Annunziata of RBD Armatori’s bankruptcy plan arrived yesterday, the long story of the Naples-based shipping firm has come to an end. As revealed by Splash last September, the entire fleet of bulk carriers (four post-panamaxes and three […]
Hoortash Iranian
17 Jan by

CMA CGM starts business matchmaking for clients

January 17th, 2020 Sam Chambers Containers, Europe, Ports and Logistics 0 comments French container line CMA CGM has created a business matchmaking offering for its clients. The new Networking Intermediation Services gives customers a chance to expand their activity worldwide, to create new business opportunities and to find the suppliers or customers that best meet […]
Hoortash Iranian
17 Jan by

2020 set to mark the return of the mini-cape

January 17th, 2020 Sam Chambers Dry Cargo 0 comments 2020 is set to be a year for the revival of the mini-cape after a decade in the wilderness. In a dry bulk report from brokers Braemar ACM, it has come to light that this year will see the delivery of seven mini-capes, something the brokerage […]
Hoortash Iranian
17 Jan by

Safe Bulkers banks $53m from sale and leaseback of eight vessels

January 17th, 2020 Grant Rowles Dry Cargo, Europe, Finance and Insurance 0 comments Greek dry bulk owner Safe Bulkers has entered into sale and leaseback agreements for eight vessels. Safe Bulkers has sold the eight vessels, to an unnamed party, for $158.3m and will use the funds to refinance loan facilities worth $105.2m providing the […]
Hoortash Iranian
17 Jan by

Taylor Maritime grows fleet to 28 with supramax acquisition

January 17th, 2020 Grant Rowles Dry Cargo, Greater China 0 comments Hong Kong dry bulk owner Taylor Maritime has acquired its third supramax, the 2011-build Mitsui supramax Nord Fuji, bringing its fleet to a total of 28 vessels. Brokers are reporting that Taylor Maritime has paid $13.7m for the vessel, acquired from Dutch outfit Triton […]
Hoortash Iranian
17 Jan by

Nova Marine Carriers adds handysize bulker pair

January 17th, 2020 Nicola Capuzzo Dry Cargo, Europe 0 comments Lugano-based Nova Marine Carriers, the dry bulk shipping company jointly owned by the Romeo family and Algoma Central Corporation, has started the new year with two significant deals. The first was communicated directly from the company, announcing that “a new Imabari-built 38.000 dwt bulk carrier […]
Hoortash Iranian
17 Jan by

Spliethoff orders LNG-powered lolo ships at Wuhu

January 17th, 2020 Jason Jiang Dry Cargo, Europe, Greater China, Shipyards 2 comments Dutch shipping group Spliethoff has placed an order at China’s Wuhu Shipyard for the construction of four LNG-powered 5,800 dwt lift-on, lift-off (lolo) vessels. The vessels will be operated by Wijnne & Barends Chartering, a subsidiary of Spliethoff, for short sea operations […]
Hoortash Iranian
16 Jan by

Weekly Broker: Bargain hunters in search of January sales

January 16th, 2020 Jason Jiang Dry Cargo, Operations, Tankers 0 comments The sale and purchase activities for secondhand dry bulk vessels have picked up in the second week of 2020 with bargain hunters out for January sales while tanker S&P volumes remain firm. According to the latest Alibra report, the dry bulk market has faced […]

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