Purchase
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Port News
Latsis-linked EuroHoldings grows product tanker exposure with second Latsco purchase
Nasdaq-listed Greek owner EuroHoldings has expanded its presence in the product tanker market with the acquisition of another MR unit…
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Port News
Maple Leaf Shipping marks 70 years with its first newcastlemax purchase
China’s Maple Leaf Shipping has marked its 70th anniversary by adding its largest vessel to date, emerging as the buyer…
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Port News
Georgiopoulos and Vrondissis diversify into dry bulk with Norvic purchase
Peter Georgiopoulos and Leo Vrondissis-led United Overseas Group is diversifying from its tanker base, announcing it is buying Norvic Shipping’s…
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Maritime News
Trump declares that India will purchase oil from Venezuela and not Iran
U.S. President Donald Trump on Saturday said India will buy Venezuelan oil, helping to replace some of the Russian oil…
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Maritime News
Cash Buyer Wants to Purchase Seized Shadow Fleet Tankers for Scrapping
GMS, the world’s largest cash buyer, has confirmed to Reuters that it is in talks with U.S. authorities to purchase…
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Port News
Saipem extends drillship charter and $300m purchase option deadline
Norway-based Deep Value Driller has won an extension of the bareboat charter for a seventh-generation drillship of the same name from…
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Maritime News
TKMS to Decide on German Naval Yards Kiel Purchase
German warship builder TKMS expects to decide in the next few weeks on whether to buy neighbouring shipyard German Naval…
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Port News
ADS Maritime returns to shipowning with kamsarmax purchase
Terje Bodin Larsen-led ADS Maritime is returning to shipowning for the first time in five years with the acquisition of…
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Port News
Performance Shipping moves into suezmax segment with double purchase
Greek tanker owner Performance Shipping has moved to expand and modernise its fleet with the purchase of two 2019-built suezmaxes…
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Port News
India’s Sanmar Group enters VLCC market with $50m Angelicoussis purchase
Chennai-based Sanmar Group has taken its first step into the VLCC segment, acquiring the 321,000 dwt Maran Canopus from Greece’s…
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