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Titan Mercury sold
Titan Petrochemicals has offloaded another of its single-hulled VLCCs to a Thai shipowner.
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Five Star sale
Dutch owner Seaarland Shipping has offloaded one of its five bulkers at a decent price.
Amsterdam-based Seaarland sold the 75,000-dwt Anna (built 1999) to Five Star of India, TradeWinds understands.
Brokers put a value of $28.25m on the deal.
The price tag appears on the high side considering the younger 75,000-dwt Montrose (built 2002) recently sold at $28.9m.
Seaarland will be left with a fleet of four bulkers in the water and a further eight dry-cargo newbuildings on order.
Its mixed tanker and bulker fleet extends to 43 ships, including newbuildings.
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Boxship attacked
E R Schiffahrt vessel ER Lubeck evades pirate assault in Somali Basin but sustains light damage.
Texas tax fight
Gulf Coast player challenges US tax authorities over unfavourable designation of time charter income.
Molaris heads IPO
Former Quintana and Excel chief rides back into Wall Street at head of $270m bulker and tanker float.
Rich get richer
Brazilian magnate Eike Batista joins world’s top 10 rich list, while Fredriksen drops Ofer to ride back into Forbes’ top 100.
AIDAluna dented
Second Costa Crociere-owned cruiseship bashed against quay, this time in La Palma, but no one hurt.
Bubble trouble
Defective compass puts Turkish ship on collision course with UK inspectors while Greek bulker freed.
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