ShipOracle News
The Baltic Exchange’s dry bulk sea freight index extended declines on Tuesday and touched its lowest level in a week, hurt by a slide in capesize vessel rates. The overall index, which factors in rates for capesize, panamax and supramax shipping vessels, fell by 78 points, or 4.1%, to 1,804 points, its lowest level since ...
https://www.hellenicshippingnews.com/baltic-index-hits-one-week-low-on-capesize-weakness/
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ShipOracle News
Oslo-listed OSV pure play Golden Energy Offshore Services (GEOS) is getting a new majority shareholder after Oaktree Capital Management offloaded its stake for $39.5m. Fleetscape, a fund managed by Oaktree and closely associated with GEOS chairman Fredrik Ulstein and board member Guillaume Bayol, has sold 39.03% of its holding, corresponding to nearly 196m shares in …
https://splash247.com/geos-gets-new-majority-shareholder-as-oaktree-sells-out/
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Abu Dhabi-based ports and logistics giant AD Ports Group has secured a 20-year concession agreement for Angola’s Luanda multipurpose port terminal. The agreement, extendable for another 10 years, will see AD Ports invest $251m towards modernising the terminal and developing the logistics business over the next three years, potentially increasing to $379m over the concession …
https://splash247.com/ad-ports-earmarks-up-to-379m-for-angolan-port/
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Greek shipping company Carras (Hellas) has received the ABS Biofuel-1 notation for its Aquataurus ultramax bulk carrier, the first vessel in the world to qualify.The notation is assigned to vessels that use a biofuel blend of up to and including…
https://www.marinelink.com/news/carras-secures-abs-first-biofuel-notation-513165
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At least five people, including a child, died in an attempt to cross the English Channel from France, hours after Britain passed a bill to deport asylum seekers to Rwanda to try to deter the dangerous crossings.The deaths of one child, a woman…
https://www.marinelink.com/news/least-five-people-drown-trying-cross-513170
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Offshore rig owner Noble Corporation has won two new deals for its Noble Venturer drillship offshore Africa. Following the early completion of the Tullow Oil campaign in Ghana, expected to end in late May 2024, the driller will relocate the drillship to Equatorial Guinea to drill three wells – two infill wells and one exploration …
https://splash247.com/noble-drillship-bags-two-contracts-in-africa/
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Greek owner Tsakos Energy Navigation (TEN) has confirmed the sale of an ageing aframax tanker as it continues its fleet renewal push. The New York-listed tanker and LNG carrier owner has offloaded the 2007 Sumitomo-built Izumo Princess for about $37m. The buyer was not named, but shipping databases show the 105,500 dwt vessel under ownership …
https://splash247.com/ten-offloads-veteran-aframax-as-fleet-renewal-presses-ahead/
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The first newcastlemax sales of the month are ticking in with brokers reporting Charalambos Mylonas-led Transmed has privately let go of two 203,000 dwt, Bohai-built big bulkers, the Newmax and the Cape Kallia, for $38m each. Both ships hit the water in 2012. Newmax is now renamed Rosebank and has been sold to Pioneer Bulk, …
https://splash247.com/transmed-offloads-newcastlemax-pair/
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John Fredriksen’s SFL Corporation has bought two LNG dual-fuel 33,000 dwt chemical tankers for approximately $114 and arranged long-term charters. The vessels are built in 2022 and 2023 and fitted with stainless steel cargo tanks. SFL also arranged long-term employment for the vessels with affiliates of Stolt Tankers, a subsidiary of Stolt-Nielsen. Stolt Tankers and …
https://splash247.com/sfl-buys-dual-fuel-chemical-tanker-pair-fixes-them-out-to-stolt-tankers/
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VLGC owner and operator BW LPG is poised to see its shares listed on the New York Stock Exchange on Monday, April 29. The Oslo-listed unit of Singapore’s BW Group said that the NYSE had approved the listing and that it expects to start transferring shares on or about April 25. The Kristian Sørensen-led company …
https://splash247.com/bw-lpg-shares-set-to-start-trading-on-nyse-next-week/
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