Search results for: Secondhand

172 results

A list of search results

  • 17 May 2017
    Business & Finance

    Thoresen Shipping Singapore (TSS), a subsidiary of Thoresen Thai Agencies, has purchased and taken delivery of the secondhand dry bulk vessel Karaweik, which will be renamed Thor Future. Featuring 54,170 dwt, the Supramax was bought for a price of USD 7.9 million. Although the company did not reveal the ship’s previous owner, data provided by VesselsValue shows that the […]

  • 26 November 2014

    The Panamax and 2,500TEU sectors continued to be the two areas that sparked the most interest and the highest volume of ships changing hands in the second-hand market last week. According to Braemar ACM Shipbroking, the ships that are being sold at the moment have been on the market for some time, and there has been a serious decline in the number of fresh ships […]

  • 6 October 2015
    Business & Finance

    Athens-based dry bulk shipping company Seanergy Maritime Holdings has taken delivery of the second of seven secondhand bulkers, a 56,819 dwt Supramax, and renamed it to M/V Gladiatorship. The 2010-built bulker was built by CSC Jinling Shipyard and has been employed in the spot market. The acquisition cost of the M/V Gladiatorship has been funded by a […]

  • 24 April 2017
    Business & Finance

    Mumbai-based Great Eastern Shipping Company Ltd (G E Shipping) has signed a contract to acquire a secondhand Medium Range (MR) product tanker of about 51,000 dwt. The vessel, which was constructed in 2008, is scheduled to be delivered to the company in the first quarter of fiscal year 2018. The MR tanker would join G E […]

  • 18 January 2017
    Business & Finance

    Mumbai-based Great Eastern Shipping (G E Shipping) has taken delivery of a secondhand Aframax crude carrier from an unnamed party. The company had inked a contract to buy the 2011-built vessel in November 2016. The only ship that fits the description is the Phoenix Beacon, sold to G E Shipping in November 2016, according to data […]

  • 6 October 2015
    Business & Finance

    Athens-based dry bulk shipping company Seanergy Maritime Holdings has taken delivery of the second of seven secondhand bulkers, a 56,819 dwt Supramax, and renamed it to M/V Gladiatorship. The 2010-built bulker was built by CSC Jinling Shipyard and has been employed in the spot market. The acquisition cost of the M/V Gladiatorship has been funded by a […]

  • 27 October 2014

    In the first nine months of 2014, recorded investment in sale and purchase transactions in secondhand market has almost exceeded last year’s total already, with a reported USD 19 billion having changed hands, according to Clarksons. “Due to a growing sense of optimism that market conditions would eventually improve, some USD 20 billion was invested in […]

  • 23 February 2015
    Business & Finance

    A record volume of tonnage is reported to have changed hands in 2014 and reported secondhand sales rose by 29% year-on-year to total 51.0m GT in 2014, according to Clarksons. The reported value of secondhand sales activity totalled USD 26.1bn, up 26% y-o-y. There was interest in the larger sizes and the average size of […]

  • 11 January 2017
    Business & Finance

    Mumbai-based Great Eastern Shipping (G E Shipping) has taken delivery of Jag Amar, a Kamsarmax dry bulk newbuilding, from Jiangsu New Yangzi Shipbuilding in China.  The 82,000 dwt vessel was ordered in December 2013. With a gross tonnage of 44,000 tons, Jag Amar features a length of 229 meters and a width of 32.3 meters. Including Jag Amar, G […]

  • 27 March 2018
    Business & Finance

    G E Shipping has decided to expand its fleet with a secondhand medium gas carrier. 

  • 3 April 2015
    Business & Finance

    The Hong Kong-listed dry bulk specialist Pacific Basin Limited expects the market in the second quarter of 2015 to remain weak as sluggish demand fails to fully absorb the oversupply of ships built up in 2010-2012, but also sees some potential signs of improvement. The main indicator which could maybe help improve the dry bulk rates […]

  • 27 December 2016
    Business & Finance

    Mumbai-based Great Eastern Shipping (G E Shipping) has signed a contract to buy a 150,000 dwt Suezmax crude carrier. The company said that the 2000-built vessel is expected to join its fleet in the fourth quarter of fiscal year 2017. Earlier in December, G E Shipping took delivery of a secondhand Supramax dry bulk carrier Jag […]

  • 15 October 2014
    Business & Finance

    Extremely poor demand for second-hand Panamax ships of 4,000 TEU has brought asset prices to the floor for that ship type and size. According to vesselsvalue.com, second-hand prices are down by 26% to 38% since the beginning of the year. This can be compared to positive developments in prices for all ships of a larger […]

  • 25 December 2015
    Business & Finance

    The Board of National Shipping Company of Saudi Arabia (Bahri) has approved the purchase of two second-hand very large crude carriers (VLCC) for a price tag of USD 155 million. In a stock exchange statement, Bahri said the vessels, Voss Spirit and Hemesdal Spirit, will be acquired from Alpha and Beta VLCC LLC, a subsidiary of Tanker Investment […]

  • 15 December 2016
    Business & Finance

    Mumbai-based Great Eastern Shipping (G E Shipping) has taken delivery of Jag Radha, a secondhand Supramax dry bulk carrier bought in October 2016. The 58,100 dwt Jag Radha, previously known as Star Manx, was purchased from the Isle of Man-based shipping company LT Ugland Shipping, VesselsValue’s data shows. The dry bulk carrier, which was built by China’s […]

  • 4 August 2017
    Business & Finance

    India-based Great Eastern Shipping (G E Shipping) is continuing with the fleet expansion as it has signed a contract to buy a secondhand LR2 product carrier. G E Shipping has not disclosed the seller of the 105,000 dwt vessel. As informed, the 2009-built tanker is expected to join the company’s fleet in Q2/Q3 FY2018. In June, […]

  • 20 September 2018
    Business & Finance

    G E Shipping has explanded its fleet with the addition of a secondhand VLGC.

  • 25 January 2017
    Business & Finance

    India-based Great Eastern Shipping (G E Shipping) has taken delivery of Jag Laxmi, a secondhand Aframax crude carrier, from an undisclosed party.  The company said it had signed the contract to buy the 105,525 dwt ship in November 2016. The only tanker that fits the description is the Phoenix Concord, sold to the company in November […]

  • 5 August 2016
    Business & Finance

    A total of USD 1.6 billion was spend on second-hand vessels in July 2016, compared to USD 3.1 billion spent in the same month last year, representing a drop of 48% in the total value of second-hand sales concluded in the period, according to data provided by VesselsValue. Bulker and tanker sales were down 13% in July […]

  • 16 May 2018

    Intermodal: Since the beginning of 2018 around 230 second-hand sales have been reported in the dry bulk sector.

  • 23 September 2019
    Business & Finance

    The company raised the funds in order to capitalise on “an attractive pipeline” of secondhand vessels.

  • 16 January 2017
    Business & Finance

    German bulk carrier owner and operator Oldendorff Carriers has acquired a Capesize newbuilding resale from Chinese shipbuilder Jinhai Heavy Industry. The 180,000 dwt vessel was launched in summer 2016 and is expected to be delivered to the company in March or April 2017 under the name MV William Oldendorff, the company said. With a gross […]