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Mercator mum
Indian owner confirms bulker and tanker purchases but keeps lips sealed on ship names.
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Bidding begins
Transpetro launches into the ethanol trade by inviting shipyards to compete for a 100 vessel order.
Going low
Evangelos Marinakis’ new tanker IPO venture Crude Carriers prices at bottom of range, targeting $256.5m to buy three ships.
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Ow buys Boheme
Singapore Shipping back in buying mode with acquisition of Wallenius pure car truck carrier.
Spar goes supra
Norwegian owner boosts orderbook with deal for five 58,000-dwt bulkers at Yangzhou Dayang.
Clarksons up
End of legal spat with Russians and large cost cuts save Andi Case-led broker as sales slump in poor markets.
Missing the boat
Window of opportunity for rock-bottom newbuilding orders has already closed, analyst says.
MOL bulker sold
Japanese owner Mitsui OSK Lines collects nearly $20m from handysize sale, brokers say.
Five sought
Pakistan National Shipping Corp (PNSC) in talks with government over finance for vessel acquisitions.
PDZ buys boxship
Malaysian intra-Asian feedership operator spends nearly $9m on Yamamaru-owned vessel.
Norden eyes buys
Carsten Mortensen-led Dane mulls MR tanker buys as profit slides almost $500m on sales slump.
Order frenzy
Samsung Heavy announces deals to build nine tankers, an offshore facility and floating LNG platform.
Cape cheer
Shoei Kisen collects $61m from modern capesize sale, a rise of over one tenth on recent deals.
Stena takes four
Ulf Ryder’s Stena Bulk swells Samsung Heavy Industries orderbook to six after exercising suezmax options.
Mipo order altered
Mystery European owner switches order for chemical duo into bulker trio at Hyundai Mipo Dockyard.
KOTC scraps trio
Kuwait Oil Tanker Co single-skin VLCCs head for demolition yard in Bangladesh, say brokers.
Buying dry
Bulker sales stay strong amid expectation prices will not be dropping in the near term, broker says.
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Double down
Two gambling ships are seized as hedge fund seeks $74m from insolvent Ocean Casino Cruises.
Odfjell confirms
Norwegian owner says tanker Odfjell Fighter heading for Indian breakers at near book value.
Pipavav prospects
Indian yard's chairman Nikhil Gandhi says talks are progressing well on big new offshore and defence orders.
Fighter scrapped
Norwegian chemical tanker owner Odfjell sends another elderly vessel to the breakers’ beaches, brokers say.
Teekay sells trio
Offshoot Teekay LNG returns to profit and takes suezmax pair and handymax from parent in $160m deal.
Japan jumps
JSEA member yards have seen export newbuilding orders go up 50% year-on-year in tonnage terms.
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STX's yard splash
Europe’s largest shipbuilder to invest $100m in new Brazilian shipyard alongside partner PJMR.
Strike at Hanjin
Workers down tools in protest at Hanjin Heavy’s proposal to axe jobs as newbuilding orders slump.
Thor Sea scrapped
Thailand’s Thoresen Thai Agencies has offloaded another of its elderly general cargo vessels.
Talks back on
Greek government negotiating defence order with new owner of Hellenic Shipyards, Abu Dhabi Mar.
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