Search results for: Handymax

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A list of search results

  • 28 August 2013

      The board of China Merchants Energy Shipping (CMES) revealed in its half year results published on Tuesday that the company plans to modernize its bulker fleet and approved the proposal of adding 12 handymax bulkers. Furthermore, the company will dispose five old oil tankers within the framework of its fleet renovation plan. The downturn […]

  • 29 January 2014
    Business & Finance

    Scorpio Tankers Inc. has taken delivery of a MR product tanker newbuilding, STI Opera, from Hyundai Mipo Dockyard Co., Ltd. of South Korea. The vessel will be time chartered-out for up to 120 days at approximately $19,000 per day. Scorpio Tankers Inc. currently owns 21 tankers (one LR2 tanker, four LR1 tankers, one Handymax tanker, […]

  • 20 February 2014
    Business & Finance

    Scorpio Tankers Inc. has entered into an agreement to sell its 2008 built, LR2 product tanker, STI Spirit, for $30.2 million. The sale is expected to close in April 2014. Scorpio Tankers Inc. currently owns 21 tankers (one LR2 tanker, four LR1 tankers, one Handymax tanker, 14 MR tankers, and one post-Panamax tanker) with an […]

  • 24 August 2015
    Business & Finance

    Monaco-based Scorpio Tankers informed that it has amended its agreement with Hyundai Mipo Dockyard Co. Ltd. of South Korea (HMD) to construct MR and Handymax product tankers.  Under the amended deal, Scorpio has contracted for four MR product tankers to be built at HMD, replacing the previous order for two MR product tankers and two Handymax product tankers. […]

  • 24 August 2015
    Business & Finance

    Monaco-based Scorpio Tankers informed that it has amended its agreement with Hyundai Mipo Dockyard Co. Ltd. of South Korea (HMD) to construct MR and Handymax product tankers.  Under the amended deal, Scorpio has contracted for four MR product tankers to be built at HMD, replacing the previous order for two MR product tankers and two Handymax product tankers. […]

  • 14 September 2007

    Globus Maritime Limited, a marine transportation company that owns and operates Handymax and Panamax dry bulk ocean-going vessels, today announces that it has entered into an agreement with an unaffiliated third party in order to acquire a 1998- built 72,929 dwt geared Panamax bulkcarrier, for an agreed purchase price of US$ 66.8 million. The vessel […]

  • 7 March 2013
    Business & Finance

      Scorpio Tankers Inc. announced yesterday that it has agreed to time charter-in a product tanker. A 2013 built MR product tanker will be time chartered-in for two years at $14,121 per day and is expected to be delivered by the end of April 2013. The agreement includes an option for the Company to extend […]

  • 10 February 2012
    Business & Finance

      Seanergy Maritime Holdings Corp. announced that it has signed a Memorandum of Agreement with an unaffiliated third party for the sale of its Handymax dry bulk carrier, the African Zebra for a gross price of $4.1 million. The vessel is expected to be delivered to its new owners mid-February 2012. The African Zebra is […]

  • 23 December 2016
    Business & Finance

    US-based dry bulk specialist Genco Shipping and Trading sold three Handymax bulk carriers during the month of December, VesselsValue’s data shows. The vessels in question are Genco Prosperity, Genco Wisdom and Genco Success, all of them built by Japanese shipbuilder Oshima in 1997. Genco Prosperity and Genco Wisdom were sold to an unnamed Chinese buyer on […]

  • 7 December 2011
    Business & Finance

      The Bangkok-based ship-owner Precious Shipping signed a memorandum of understanding to acquire two handymax vessels from STX Pan Ocean for $39m, Seatrade Asia reports. Acquisition of 34,000 dwt handymax bulk carriers, STX Pioneer and STX Queensland built in 2005, is part of the company’s strategy to renew its fleet. With this acquisition, Precious Shipping will […]

  • 6 October 2017
    Business & Finance

    Navigation Maritime Bulgare (Navibulgar), Bulgaria’s leading shipowner, has contracted up to six Bluetech 45 handymax bulk carriers from Chinese Jiangsu Yangzijiang Shipbuilding Group Ltd, according to the ship’s designer Bluetech Finland. The 45,000 DWT ships will have a length of 190 meters, maximum draught of 10.8 m, a large hold volume for its class and […]

  • 17 May 2013
    Business & Finance

      The Great Eastern Shipping Co Ltd. (G E Shipping) has signed a contract to sell “Jag Ravi”, a Handymax dry bulk carrier. The 1997 built vessel of about 45,300 dwt will be delivered to the buyers in Q1FY14. The Company’s current fleet stands at 31 vessels, comprising 22 tankers (9 crude carriers, 12 product […]

  • 6 August 2013

    Scorpio Tankers Inc. announced today that it has reached agreements to construct four Very Large Gas Carriers (VLGC) at two yards in South Korea along with two MR and two Handymax ice class-1A fuel efficient product tankers at Hyundai Mipo Dockyard Co., Ltd. of South Korea (HMD). Additionally, the Company took delivery of the eleventh […]

  • 1 March 2016
    Business & Finance

    Tanker owner Scorpio Tankers has inked deals to time charter-in three ice class 1A Handymax product tankers with an undisclosed third party. Each agreement is for three years at USD 15,600 per day, and the company has two consecutive one year options to extend the agreements at USD 16,500 per day and USD 17,500 per […]

  • 11 July 2018
    Business & Finance

    Thailand’s Thoresen Thai Agencies has disposed of Thor Enterprise, a 42,500 dwt bulk carrier.

  • 6 August 2013
    Business & Finance

    Scorpio Tankers Inc. announced today that it has reached agreements to construct four Very Large Gas Carriers (VLGC) at two yards in South Korea along with two MR and two Handymax ice class-1A fuel efficient product tankers at Hyundai Mipo Dockyard Co., Ltd. of South Korea (HMD). Additionally, the company took delivery of the eleventh […]

  • 28 September 2015
    Business & Finance

    Taiwanese shipping company Wisdom Marine Group has ordered two 34,000 dwt bulk carriers from Japan’s Namura Shipbuilding. The total contract value for the two Handymaxes should not exceed USD 44 million, Wisdom Marine said in a statement. The vessels are expected for delivery in the second half of 2016. Wisdom Marine currently owns and operates a fleet of […]

  • 28 September 2015
    Business & Finance

    Taiwanese shipping company Wisdom Marine Group has ordered two 34,000 dwt bulk carriers from Japan’s Namura Shipbuilding. The total contract value for the two Handymaxes should not exceed USD 44 million, Wisdom Marine said in a statement. The vessels are expected for delivery in the second half of 2016. Wisdom Marine currently owns and operates a fleet of […]

  • 9 January 2014
    Business & Finance

    Navios Maritime Partners L.P. an owner and operator of dry cargo vessels, announced today that the Navios La Paix, a newbuilding ultra-handymax vessel of 61,485 dwt, was delivered to Navios Partners’ owned fleet on January 7, 2014. The Navios La Paix has been chartered out to a quality counterparty for about two years based on […]

  • 8 November 2016
    Business & Finance

    Taiwan’s shipping company Wisdom Marine Lines has reached an agreement with a Japanese chartered to cancel a time charter deal previously agreed for one of the company’s Handymax vessels. The agreement, announced in early November, includes a lump sum compensation of around JPY 1.45 billion (USD 13.8 million). Wisdom Marine Lines said that the amount is […]

  • 19 October 2011
    Business & Finance

      Paragon Shipping Inc., a global shipping transportation company specializing in dry cargoes, agreed to sell to an unaffiliated third party its 1995-built drybulk handymax vessel, of 43,222 dwt, M/V CRYSTAL SEAS, for a gross price of $14 million. The vessel is scheduled to be delivered to her new owners by no later than the […]

  • 15 March 2016
    Business & Finance

    Taiwan-listed shipping company Wisdom Marine Group has added three newly-built bulk carriers to its fleet, two of 34,000 dwt and one of 84,000 dwt. The 34,000 dwt bulkers, named Daiwan Justice and Daiwan Kalon, were built by the Japanese shipbuilder Namura Shipbuilding. Featuring a weight of 21,500 tons, the Handymax vessels joined Wisdom Marine’s fleet on March 7 and 14, […]