Search results for: Supramax

675 results

A list of search results

  • 4 October 2016
    Business & Finance

    South Korea’s shipping company Korea Line Corp has ordered two bulk carriers from an undisclosed shipbuilder for a price of USD 60.6 million, according to data provided by VesselsValue. The company is paying USD 30.3 million for each of the Supramax vessels, which feature 50,000 dwt. With 9,827 gross tons, the eco bulkers are scheduled […]

  • 8 October 2019
    Business & Finance

    The agreement is for a bareboat charter and subsequent sale of the 2006-built Supramax bulk carrier Beleast.

  • 3 April 2019
    Business & Finance

    d’Amico Dry Cargo becomes the latest member to join CTM’s Supramax Revenue Sharing Agreement (RSA).

  • 12 September 2011

    Essar Shipping has invested in upgrading and modernizing its fleet and logistics operations. Bracing itself for increased business from outside the Essar Group of companies, it has placed an order for 12 new vessels and two jack-up rigs. At present, Essar Shipping has 27 ships and 13 oil rigs. Disclosing that the purchases would be […]

  • 22 October 2014

    The Atlantic Supramax market continued to deal with an oversupply of ships in all its key regions, with demand for cargo insufficient for the time being in helping freight rates recover, according to Platts. On the US Gulf Coast, the number of open Supramax vessels remained high, with inquiry for front-haul and trans-Atlantic runs just enough […]

  • 24 September 2013

    Grieg Star declares its option to build two more supramax dry bulk vessels. The vessels are the last two ships of a series of four, based on a building contract entered into with Yangzhou Dayang Shipbuilding in China in June. During 2012, Grieg Star took delivery of two 58,000 dwt. supramax newbuildings, also from Dayang. […]

  • 1 May 2019
    Business & Finance

    Belships reached a deal to acquire a 55,866 dwt bulk carrier from Prospero Marine for USD 12 million.

  • 19 August 2016
    Business & Finance

    Danish shipping company J. Lauritzen has confirmed that it opted to sell two Supramax bulk carrier newbuildings and cancel a part-owned handysize bulk carrier during the second quarter of 2016 as it executed further cash improving initiatives. The company narrowed its quarterly loss to USD 22.4 million for the second quarter of 2016 from a loss of USD 117.6 million reported in the same […]

  • 24 September 2013
    Business & Finance

    Grieg Star declared its option to build two more supramax dry bulk vessels. The vessels are the last two ships of a series of four, based on a building contract entered into with Yangzhou Dayang Shipbuilding in China in June. During 2012, Grieg Star took delivery of two 58,000 dwt. supramax newbuildings, also from Dayang. […]

  • 6 June 2019

    The second unit was cancelled after not being delivered by the May 31 deadline.

  • 14 July 2015
    Business & Finance

    Oslo-listed dry bulk shipping operator, Belships, has chartered two of its Supramax newbuilding dry bulk carriers, currently under construction at Japan’s Imabari Shipbuilding. The 61,000 dwt Belforest will be delivered from Imabari Shipbuilding on or around September 25. Cargill, Geneva, will charter the Belforest for 10 to 14 months, which is expected to generate an EBITDA of USD […]

  • 9 November 2006

    Eagle Bulk Shipping Inc. (Nasdaq:EGLE), a global marine transportation company specializing in the Supramax segment of the dry bulk shipping industry, today announced that it has signed contracts with IHI Marine United Inc., one of Japan’s pre-eminent shipyards, for the construction of two ‘Future-56’ class Supramax vessels. These 56,000 deadweight ton vessels have a contract […]

  • 27 February 2007

    Eagle Bulk Shipping Inc. (Nasdaq:EGLE), a global marine transportation company specializing in the Supramax segment of the dry bulk shipping industry, today announced several vessel transactions. The transactions, described below, bring Eagle’s contracted revenues to more than $275 million, and advance the Company’s strategy of deploying a young, efficient fleet comprised of Supramax vessels.

  • 12 April 2019
    Business & Finance

    Pacific Basin is to expand its fleet with a further 3 secondhand Supramax vessels.

  • 10 March 2010

    Eagle Bulk Shipping Inc. today announced that it has taken delivery of Imperial Eagle, a ‘Future-56’ class, 56,000 dwt Supramax dry bulk vessel. The vessel has entered into a one-year time charter tied to the Baltic Supramax Index (“BSI”), ensuring Eagle participates directly in strong rates in the spot market while retaining the stability of […]

  • 30 September 2015
    Business & Finance

    Hamburg-based shipping companies H. Vogemann and Ahrenkiel Steamship have started a pool for bulk carriers in the Supramax segment. Under the deal, H. Vogemann Group will be responsible for pool management and chartering. The Supramax pool will also be available to outside partners. “Through this alliance, the pool partners are aiming to create a significantly more […]

  • 11 January 2019
    Business & Finance

    Grieg Star and Maas Capital establish a JV for ownership of Supramax and Ultramax vessels.

  • 6 August 2010

    Genco Shipping & Trading Limited (NYSE:GNK) today announced that it has taken delivery of the Genco Loire, a 2009-built Supramax vessel. The Genco Loire is the second of 13 vessels to be delivered to the Company under Genco’s agreement previously announced on June 25, 2010 to acquire 13 Supramax vessels from Setaf SAS, a wholly […]

  • 17 March 2014
    Business & Finance

    Mitsubishi Corporation will refund $24 million to Jinhui Shipping, a subsidiary of Jinqing Marine Inc., following the shipper’s decision to terminate the shipbuilding contract for a new supramax bulk carrier. The two companies signed, on 14 December 2007, a $44.3 million contract for the acquisition of a supramax bulker. Jinqing announced on September 19th 2013 that the acquisition of […]

  • 5 August 2019
    Business & Finance, Rules & Regulation

    The equipment is expected to set Pacific Basin up “for what we believe will be stronger years ahead.”

  • 15 August 2019
    Business & Finance

    CTM has welcomed seven more vessels to its Supramax Revenue Sharing Agreement (RSA).

  • 6 August 2019
    Business & Finance

    The Supramax bulkers are scheduled for delivery to their new owners in September 2019.