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Officers blamed in Maersk grounding
UK report says poor planning and interaction led to Maersk Kendal running aground off Singapore last year.
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Iino Kaiun is said to have sold a 10-year-old chemical tanker for $15.2m, possibly to a Connecticut-based owner.
The 19,400-dwt Chemstar Eagle (ex-Chemical Venture, built 2000) has gone to undisclosed US buyers, brokers said Friday.
The Shin Kurushima-built vessel meets the description of a tanker - the MTM Westport - that was recently added to the website of MT Maritime Management. The Westport-based bulker and chemical tanker player purchased two similar vessels from Iino Kaiun last year.
An MT Maritime representative could not be immediately reached for comment Friday afternoon.
Iino, which lists a fleet of 116 tankers and bulkers, is earning less in the Chemstar Eagle sale than in previous transactions.
TradeWinds reported in June MT Maritime bought the 19,500-dwt chemical tanker MTM Fairfield (ex-Chemstar Hero, built 2002) for $17.5m.
Earlier in the year, the Connecticut owner bought the 19,400-dwt MTM Princess (ex-Chemstar Princess, built 1999) for $16m.
MT Maritime now lists a fleet of six chemical tankers, in addition to its chartered-in bulk carriers.
UK report says poor planning and interaction led to Maersk Kendal running aground off Singapore last year.
Deutsche Bank and GIEK give Sevan Marine wriggle room on a loan as it looks to secure fresh work for an FPSO.
Taiwanese container line to pay low yield on debt of 1.42% over five years.
London-based shipping regulator says it doesn't have problems getting money from member states.
Singapore-managed chemical tanker Theresa VIII and 28 crew released after four-month detention.
UK cruiseship group says peak season business up 7% so far in 2010.
Car carrier Tortugas fired on and chased by pirates in Indian Ocean but avoids hijacking.
Heavy-lift and multi-purpose Cosco unit plans near $600m rights offer for 20-ship splurge.
Fotini Karamanlis is happy with Hellenic Carriers’ full-year profit as its bottom line slumps by over 40%.
German shipping bank remained in red to tune of EUR 679m last year, but expects profit in 2011.
UK shipping group comes through tough 2009 for tankers with increased profit thanks to expanded marine service divisions.
