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Comments Off on Crude carrier Hellespont Trooper was sold in Greece

Crude carrier Hellespont Trooper was sold in Greece

| Maritime News | 28/09/2012

Hellespont Trooper   The large crude carrier Hellespont Trooper was sold to new Greek owners at the price of 12,000,000 USD. The contract was signed a few days ago and the delivery of the ship will be done till the end of the year. The ship was operated and owned by the German company Hellespont Hammonia, but because of the decreased numbers of contracts the company was forced to sell the ship. The new owners were not announced officially, as the ship will be delivered in the next months. The large crude carrier Hellespont Trooper was built in the shipyard of Samsung Shipbuilding & Heavy Industries in 1996 and has really good engineering, powerful propulsion system and large cargo spaces. The ship was in good condition during the sale and the hull had no damages.

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Comments Off on Oil tanker Rainbow Quest was sold to Mercator Lines

Oil tanker Rainbow Quest was sold to Mercator Lines

| Maritime News | 25/09/2012

Rainbow Quest tanker   The crude oil tanker Rainbow Quest was sold to the Singapore company Mercator Lines at price of 11,500,000 USD. The cargo ship was previously owned by another Singapore company Anglo Eastern Shipmanagement, but due to financial crisis and fleet renew was forced to sell the vessel. The crude oil tanker Rainbow Quest is in good condition, without any damages and built according to the latest standards of IMO. The ship was operating on various routes all over the world, mostly in Europe and Asia, but also carried cargo in North and South America. The Singapore company Mercator Lines has plans to increase its fleet and capacity, because of the increased demand of crude oil in the country and the new contracts signed with government companies.

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Comments Off on Pac Basin bought bulk carrier D Handy

Pac Basin bought bulk carrier D Handy

| Maritime News | 19/09/2012

D Handy bulk carrier   The Hong Kong based company Pac Basin bought the new bulk carrier D Handy. The vessel was built in 2012 in the South Korean Hyundai Mipo Dockyard and owned by the Taiwan Maritime Transportation company. The deal was singed in the beginning of September 2012 and the price of the contract was 20,000,000 USD. The ship will be delivered to the new owners during the next month and join the fleet of the Pac Basin. The stagnated situation in the cargo carrying and the decreasing the maritime transport, caused serious debt problems to Taiwan Maritime Transportation, which were forced to repay some of the bank loans to avoid bankruptcy. The multi-million sale will highly support the financial crisis of the company and will help it in the hard financial crisis.

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Comments Off on Bulk Carrier Brave Wind was sold

Bulk Carrier Brave Wind was sold

| Maritime News | 19/09/2012

Brave Wind bulker   The Japanese shipowner Yamamoto Kaiun, sold the bulk carrier Brave Wind to German shipowners at price of 10,500,000 USD. The contract between the two companies was signed in Japan last week and the vessel will be delivered to the new owners in the end of November 2012. The sale of the bulk carrier was commented with fleet renew and the stagnation in the maritime transport markets and cargo carrying. The amounts will be invested in repay in the loans of the Japanese shipowner for ordering of new, more modern cargo vessels. The crew of the bulk carrier will be sacked and the new manning company will care about the hire of the officers and seamen.

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Comments Off on Bulk carrier SAAR N was sold to Samsun Logix

Bulk carrier SAAR N was sold to Samsun Logix

| Maritime News | 17/09/2012

SAAR N   The bulk carrier SAAR N was sold to South Korean company Samsun Logix at price of 6,500,000 USD. The contract between the German owner Pronav Shipmanagement and the South Korean company was signed yesterday and the vessel will be delivered in the end of the next month. The bulk carrier was sold according to the plans for renovation and modernization of the Pronav’s fleet. The bulk carrier was really good and powerful ship, which has large capacity and was one of the largest vessels in the fleet of the German Shipowner. From the other side the South Korea company Samsun Logix is one of the fastest developing corporations in South Korea, which is engaged with tankers and bulk carriers operations, having large fleet and increasing its tonnage every year.

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Comments Off on Sanko sold BM Bonanza to Ofer Group

Sanko sold BM Bonanza to Ofer Group

| Maritime News | 14/09/2012

BM Bonanza LCC   The large crude carrier BM Bonanza (IMO: 9337391) joined the fleet of Ofer Group yesterday, when Sanko and the Israeli holding signed contract for acquisition. The price of the deal was 25,000,000 USD and the ship will join to the fleet of the new owners next month. Israeli company Ofer Group is one of the largest shipowners in the country and the new vessel will expand its fleet in crude carrying and oil transport. The cargo ship BM Bonanza has deadweight of 105,614 DWT and gross tonnage of 56,172 GRT. The length of the vessel is 239.00 m, the beam is 42.00 m and the maximum draft is 8.20 m. The ship was built in 2007 by Sumitomo Heavy Industries in their shipyard in Yokosuka, Japan.

Comments Off on Zodiac bought chemical tanker Bow Europe

Zodiac bought chemical tanker Bow Europe

| Maritime News | 14/09/2012

Bow Europe   The UK company Zodiac Maritime Agen­cies Ltd added one more chemical tanker into its fleet. The company bought Bow Europe from the Japanese shipowner Iino Marine Services for the price of 18,000,000 USD. The deal was completed yesterday and the new chemical tanker will join the fleet of Zodiac during the next month. The company is planning to expand its fleet, because of the new contracts signed last months. Currently the company has total 14 chemical tankers, which has capacity for carrying of 301,802 cubic meters of cargo. Zodiac Maritime Agen­cies Ltd is one of the leaders in ship management in Europe and has plans to grow the fleet even more by acquisition of used cargo ships.

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Comments Off on Knightsbridge Tankers Limited sold two Supertankers

Knightsbridge Tankers Limited sold two Supertankers

| Maritime News | 12/09/2012

Hampstead VLCC   Knightsbridge Tankers Limited announced that the sale of two VLCC was completed and the vessel Hampstead and Titan Venus will be delivered to the new owners in the fourth quarter of 2012. The company has serious financial problems, because of the financial crisis and bad conditions in the maritime transport sector. The sale of the two crude carriers will stabilize the company will we save them from bankruptcy. The both ships have bareboat charter, which expires in the end of the year and after this will join to the new fleets. The prices of the deal was not announced, but the money will be used for investment in new smaller and more modern vessel, as part from the company’s intention to renew and grow its fleet. This is anly the first step from renovation of the Knightsbridge Tankers Limited’s vessels,as the next wave of ships for sale will be in next three year, when are expiring the charters of the other supertankers.

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Comments Off on Vale outsourced maritime transportation by selling 10 VLOCs

Vale outsourced maritime transportation by selling 10 VLOCs

| Maritime News | 04/09/2012

Very Large ore Carrier   The Brazilian company Vale, which is world’s leader in mining operations and ore carrying contracted a deal to sell 10 VLOCs (Very Large Ore Carriers) to the Turkish maritime transport company Polaris Shipping. The price of the deal is 600,000,000 USD and the delivery of the vessel will be done fictively next month. In fact the Brazilian mining giant Vale will charter the same ships for operations and actually the maritime transportation of iron ore will be outsourced to the Turkish company. The amount from the deal will stabilize the financial situation of the company and will help for modernizing of the mining technology and research of new fields. The outsourcing of the maritime transport will give to the mining giant ability to operate with enough capacity vessels and to stay away from management of large fleet.

Comments Off on Sinokor bought three oil tankers from German shipowner

Sinokor bought three oil tankers from German shipowner

| Maritime News | 04/09/2012

Cape Aspro   The South Korean shipping company Sinokor Merchant Marine bought three sister ships – Cape Akrotiri, Cape Ancona and Cape Aspro. The three tankers were owned by the German company Columbia Shipmanagement Deutschland, which had serious debt problems and was forced to sell some assets to cover the bank loans. The price of the deal was not announced by according to experts it is about 48,000,000 USD. The three crude oil carriers were part from one order in South Korean shipyard Halla Engineering Samho in 1998 and has similar measures, size and capacity. Cape Akrotiri, Cape Ancona and Cape Aspro will be delivered to the new shipowner Sinokor Merchant Marine in the end of the year, when their time charter expires. All the ships are in good condition and operating under the flag of Cyprus. The shipowner Sinokor Merchant Marine is one of the leaders in container, tanker and general goods shipping in South Korea and whole East Asia.

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