Germany’s Leonhardt & Blumberg is pressing ahead with its expansion in the MR tanker segment, placing follow-on orders at China’sGuangzhou Shipyard International (GSI) ... It currently operates five tankers built between 2007 and 2008 ... .
Greek owners Navios and Monte Nero have moved to secure VLCC newbuildings in China, adding fresh momentum to an already busy ordering cycle dominated by Greek interests ...Market sources put the price at between $118m and $120m per vessel ... .
London-listed Tufton Assets has followed through on its bullish stance on dry bulk, agreeing to acquire two Japanese-built handysize bulkers in a $33m en-bloc deal ... That contract is expected to generate a net yield of about 12% ... .
The approval clears an early regulatory hurdle and could open the door for broader adoption of membrane-type LNG fuel tanks beyond gas carriers, particularly in container ships and cruise vessels ... The design also aims to improve volumetric efficiency.
Jinhui Shipping and Transportation is adding further depth to its ultramax newbuilding programme, booking two more bulk carriers in China as part of an ongoing fleet renewal drive ... .
Nasdaq-listed Euroseas has secured a new time charter for one of its feeder containerships, locking in a higher rate in what it describes as a firm feeder market ... .
Canadian dry bulk owner and operatorFednav is heading back to Japan for a new series of handysize bulkers, marking its latest move in the newbuilding market ...LawrenceSeaway ... .
Greece’s Danaos has stepped into bulker newbuildings for the first time, unveiling the move as part of a six-ship order programme that widens both its fleet mix and investment reach ... .
Nordic AmericanTankers has sold its oldest vessel, the 2003-built suezmax Nordic Pollux, for $25m, underlining the strength of the secondhand tanker market for vintage tonnage ... At the same time, the owner has been stepping into new steel ... .
Cyprus-based shipowner and fund manager PelagicPartners is heading to Norway’s capital markets, lining up a private placement and listing for its shipping credit platform, Pelagic Credit, on Euronext GrowthOslo... .
George Procopiou is pressing ahead with his tanker expansion, placing an order for nine suezmax newbuildings at China’s Hengli Shipbuilding... The remaining vessel was taken by what the filing described as a well-known European shipowner ... .