Green Marine
CTM’s Supramax RSA Welcomes d’Amico
d’Amico Dry Cargo becomes the latest member to join CTM’s Supramax Revenue Sharing Agreement (RSA).
Star Bulk, ER Capital Waive Four Vessel Options
Star Bulk, E.R. Capital Holding agree to abandon options related to four Capesize bulkers.
TOP Ships Secures Time Charter with Shell
Shell hires TOP Ships’ product/chemical tanker Eco Palm Desert until September 2020.
Belships Grows Fleet with Supramax Bulker
Belships to acquire a 58,700 dwt bulk carrier from Wenaas Shipping AS.
Shipping Quintet Grows Fleet Value by USD 5 Bn in a Year
VesselsValue: Five publicly listed owners grew their combined fleet value by nearly USD 5 billion in a year.
Russia’s Novatek Enters Arctic LNG 2 Supply Deals
Novatek has entered into Heads of Agreement with Vitol and Repsol.
Maran Gas Pens LNG Carrier Charter Deal with Japanese JERA
Maran Gas concludes a time charter contract with JERA for one LNG carrier newbuild.
Drewry: IMO 2020 to Fuel M&A Activity among Carriers?
Drewry: Extra costs associated with IMO 2020 sulphur cap could push financially vulnerable carriers into M&A.
JERA, EDF Trading Finalize LNG Optimization and Trading Merger
JERA and EDF Trading Limited wrap up their merger in LNG optimization and trading activities.
Kongsberg Wraps Up Rolls-Royce Acquisition
Work on integration begins as Kongsberg finalizes acquisition of Rolls-Royce Commercial Marine on April 1.
Algoma Tankers Accepts Delivery of Product Tanker
Algoma Tankers takes delivery of Algoterra, a 2010-built product tanker.
Mercuria’s Aegean Takeover Gets Green Light from EU
EU concluded that Mercuria’s acquisition of Aegean Marine would raise no competition concerns.
MSC’ Terminal Investment, Contship Agree on Sale of MCT Share
At closing, TIL will own 100% of CSM Italia Gate and will indirectly control all the shares of MCT.
Hamburg Süd Closes Sale of Dry Bulk Business to CNCo
The affected dry bulk shipping units have a chartered fleet of approximately 45 vessels.