The Great Eastern Shipping Company Limited (G E Shipping) has signed contract to buy a Medium Range (MR) product tanker of about 47,000 dwt. The 2004 built vessel is expected to join the Company’s fleet during Q2FY2014. The Company’s current fleet stands at 31 vessels, comprising 22 tankers (9 crude carriers, 12 product carriers, 1 [...]
Genscape, the company that pioneered the placement of thousands of patented, in-the-field energy monitors to measure market fundamentals in real-time, today announced the acquisition of Vesseltracker.com GmbH. This acquisition significantly expands Genscape’s network of proprietary real-time energy monitors to deliver the next era in oceangoing fleet analytics and customized reporting. Vesseltracker uses sophisticated algorithms to [...]
May 22, 2013 | Posted in
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Tidewater Inc., through a wholly-owned subsidiary, has entered into an agreement with HitecVision to purchase Troms Offshore Supply AS for approximately $395 million. The acquisition of Troms Offshore, headquartered in Tromsø, Norway, will expand Tidewater’s global footprint into the Norwegian sector of the North Sea and supplement Tidewater’s experience and vessel fleet operating in harsh [...]
Odfjell has entered into a contract for the purchase of MT Bow Engineer, a 30,086 DWT chemical tanker (IMO II/III) with 28 stainless steel cargo tanks, built in 2006 at Kitanihon Shipbuilding CO LTD in Japan. The change of ownership will take place early May this year. Bow Engineer has been on time charter for [...]
Malaysia-based international company, Bumi Armada Berhad announced that its wholly-owned subsidiary, Bumi Armada Offshore Contractor Limited has acquired and taken delivery of a MPSV (multipurpose platform support vessel) from Condor Shipco Limited for USD15.8 million. The DP2 diesel electric vessel which was re-named Armada Condor was re-built in 2002 which involved extension of vessel length, [...]
March 13, 2013 | Posted in
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![Greece: Diana Containerships Buys Panamax Vessel from Hanjin Shipping]()
Diana Containerships Inc., a global shipping company specializing in owning and operating containerships, announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement with Hanjin Shipping Co., Ltd., Seoul, for the purchase of a 1993-built Panamax container vessel of approximately 4,024 TEU capacity, the m/v “Hanjin Malta”, for a purchase price [...]
Diana Shipping Inc., a global shipping company specializing in the ownership and operation of dry bulk vessels, announced that on February 11, 2013, through a separate wholly-owned subsidiary, the Company was the successful bidder at an auction that took place in France, for the m/v “Valeria Della Gatta” (to be renamed Maia), a 2009-built Kamsarmax [...]
Royal Boskalis Westminster N.V. announces that it has acquired 28,340 ordinary shares in Dockwise in the course of trading yesterday. All these Shares were acquired through Euronext Amsterdam and were purchased at an average price of EUR 18.49 per Share with a maximum price of EUR 18.50 per Share (which equals NOK 137). On 30 [...]
STX OSV Holdings Limited (“STX OSV”), one of the major global designers and shipbuilders of offshore and specialized vessels, announced that Tidewater Inc. (“Tidewater”) has acquired contracts for three Platform Supply Vessels (PSVs) under construction at STX OSV in Norway. STX OSV had originally secured the contracts for the design and construction of three vessels [...]
In today’s meeting of the creditor committee, and acting on the suggestion of the insolvency administrator, Berthold Brinkmann, P+S WERFTEN decided in favour of the Lürssen Group (Bremen) as the buyer of the Peene shipyard in Wolgast. This decision is subject to approval by the creditors holding liens on the property. The purchase agreement has [...]
