30-June-2017
Intership Navigation, an esteemed subsidiary of the Hartmann Group, holds its prestigious headquarters in Leer, Germany. While its primary forte remains in ship ownership, Intership Navigation has elegantly branched out into third-party management, catering to a select clientele from European, American, and Asian territories. The fleet under Intership Navigation’s proprietorship boasts a diverse array of vessels. These encompass bulk carriers ranging from 5,500 DWT to an impressive 180,000 DWT, General Cargo Ships spanning from 8,000 DWT to 27,000 DWT, Container Feeder Ships with a capacity of 700 TEU, in addition to Handy, MR, and LR1 tankers. Cumulatively, the fleet surpasses a count of 50 distinguished ships. Moreover, Intership Navigation has masterfully curated two avant-garde series of self-unloading Cement Carriers, weighing 8,000 DWT and 15,000 DWT respectively. Beyond its proprietary vessels, Intership Navigation adeptly manages 35 ships on behalf of third-party shipowners and oversees approximately 100 ships from a crew management perspective. Intership Navigation takes pride in employing upwards of 3,500 seafarers across its expansive fleet and boasts an exclusive training institution in Manila. Onshore, Intership Navigation is backed by a cadre of roughly 160 adept professionals. With an unwavering commitment to safety and excellence, Intership Navigation remains resolute in its mission.
30-June-2017
Maersk Broker Bulk Chartering has acquired Danish brokerage Lanic. Maersk Broker Bulk Chartering has been the preponderance shareholder of Lanic for a little over a year. Maersk Broker Bulk Chartering first commenced acquiring shares of Lanic in March 2016. Maersk Broker Bulk Chartering and Lanic consolidation will further improve chartering services. In June 2017, Maersk Broker Bulk Chartering which is privately owned, selected 5 shipbrokers to develop its panamax and capesize dry bulk business in Singapore and Denmark. In 2017, Maersk Broker Bulk Chartering commenced a new venture with Stratos Albis Schiffahrt.
28-June-2017
US investor Evermore Global Advisors has a stake of more than 10% in Norwegian dry bulk carrier owner and operator Songa Bulk. US investor Evermore Global Advisors is also a major stakeholder in Scorpio Bulkers. CEO Herman Billung of Songa Bulk’s 3.608 million shares are controlled by US investor Evermore Global Advisors’ sister company Evermore Global Value Fund. In February 2017, Evermore Global invested a $100 million equity issue. Norwegian dry bulk carrier owner and operator Songa Bulk continues to increase fleet size with 11 ships. Morgan Stanley, Apollo Global, and UBS are also the biggest investors of Songa Bulk.
22-June-2017
Ukraine-based ship operator Phaethon International Company chartered in 2005 built panamax bulk carrier 74K DWT MV Clio for $8,550 per day, minus a 5% commission to shipbrokers. Panama, Switzerland, Ukraine-based ship operator Phaethon International Company chartered in 2005 built panamax bulk carrier 74K DWT MV Clio between 13 and 16 months from New York-listed shipowner and operator Diana Shipping. Phaethon International Company will take the delivery of the 2005 built panamax bulk carrier 74K DWT MV Clio on 3 July. Phaethon International Company AG will pay around $3.33 million over the minimum period to New York-listed shipowner and operator Diana Shipping.
22-June-2017
Shipowner and operator Wagenborg controlled 2010 built 14K DWT MV Flevobor grounded in Canada. MV Flevobor’s main engines stopped in St Lawrence. was carrying maize. MV Flevobor was refloated by tugs.
21-June-2017
USA based shipowner and operator Pangaea Logistics Solutions signed a supramax dry bulk carrier sale and leaseback to fund the acquisition of dry bulk carrier. Ed Coll led Pangaea Logistics Solutions sold 2002 built supramax dry bulk carrier 50K DWT MV Bulk Beothuk for $7 million for further trading. Pangaea Logistics Solutions bought 2005 built supramax dry bulk carrier MV Bulk Freedom for around $9 million.
20-June-2017
Greek shipowner and operator Diana Shipping has chartered out panamax dry bulk carrier 2004 built 73K M/V Protefs at $7,900 per day for a year to Hudson Shipping. Previously, M/V Protefs was chartered out to Transgrain Shipping at $4,500 per day. Greek shipowner and operator Diana Shipping will generate around $2.84 million of gross income. Baltic Dry Index daily rate for panamax dry bulk carriers is $8,151.
18-June-2017
Athens-based shipowner and operator M/Maritime has purchased the resale newbuilding 38K DWT Imabari 936 handysize dry bulk carrier, bringing another modern Japanese-built ship into the growing fleet of M/Maritime. M/Maritime has christened the handysize dry bulk carrier MV Calypso GR, marking a further stage in the fleet-development plan of Athens-based shipowner and operator M/Maritime. Supported by the Mytilineos family, M/Maritime was formed in late 2016 and has moved rapidly to establish a dry bulk platform centred on modern ships, long-term fleet expansion, and exposure to flexible bulk carrier segments. The addition of MV Calypso GR strengthens the presence of M/Maritime in the handysize dry bulk carrier market, a sector appreciated for port access, cargo flexibility, and the ability to serve regional trades as well as smaller cargo lots that may not be suitable for larger bulk carriers. M/Maritime currently controls a fleet comprising two ultramax bulk carriers and one handysize dry bulk carrier, while M/Maritime is also preparing to acquire two further handysize newbuilding bulk carriers and one ultramax newbuilding bulk carrier. Athens-based shipowner and operator M/Maritime also has three long-term chartered-in bulk carriers in its fleet, giving M/Maritime a mix of owned and chartered-in tonnage that supports commercial flexibility during its early growth period. The purchase of the Imabari 936 resale newbuilding is especially significant for M/Maritime because Japanese-built dry bulk ships are widely recognised for construction standards, fuel-efficient design, technical strength, and long-term asset value. For a young shipowner and operator such as M/Maritime, acquiring a newbuilding from a respected Japanese yard such as Imabari Shipbuilding provides a strong base for fleet quality and charterer confidence. MV Calypso GR gives M/Maritime a modern handysize dry bulk carrier able to serve many cargoes, including grains, fertilizers, steel products, forest products, minerals, raw materials, minor bulks, and other dry commodities. Handysize dry bulk carriers are commercially valuable because these ships can call at smaller ports, regional terminals, and infrastructure-limited locations where larger bulk carriers may not operate efficiently. This makes MV Calypso GR a practical addition to the fleet of M/Maritime and a ship that can support both regional and international dry bulk employment. The establishment of M/Maritime in late 2016 shows the ambition of the Mytilineos family-backed platform to create a presence in Greek dry bulk shipping from an early stage. Greece has one of the world’s strongest shipowning traditions, and Athens remains a leading centre for dry bulk ownership, chartering, ship finance, brokerage, insurance, technical management, and maritime services. Within this competitive environment, M/Maritime has started to build its identity around modern Japanese-built tonnage, measured growth, and a fleet mix that includes both ultramax and handysize dry bulk carriers. The current fleet of M/Maritime, consisting of two ultramax bulk carriers and one handysize dry bulk carrier, gives M/Maritime exposure to different dry bulk employment patterns. Ultramax bulk carriers offer larger cargo capacity and geared cargo-handling flexibility, while handysize dry bulk carriers provide better access to smaller ports and more specialised cargoes. By combining these ship types, M/Maritime can take part in a broader range of dry bulk trades and avoid dependence on only one ship class. The planned acquisition of two more handysize newbuilding bulk carriers and one ultramax newbuilding bulk carrier suggests that M/Maritime is following a structured fleet-expansion strategy rather than growing in a random or purely opportunistic way. Adding more handysize tonnage would deepen the position of M/Maritime in a segment where flexibility, port reach, and cargo diversity are major advantages. Adding another ultramax newbuilding bulk carrier would reinforce the larger geared bulk carrier side of the fleet of M/Maritime and provide greater capacity for trades involving grains, coal, fertilizers, steel products, minerals, cement, petcoke, raw materials, and other dry bulk commodities. This balanced strategy allows M/Maritime to expand across complementary dry bulk segments while keeping its fleet concentrated on practical and widely employable ship types. The three long-term chartered-in bulk carriers in the fleet of M/Maritime also have an important role in the early development of M/Maritime. Chartered-in ships can provide operating scale without requiring immediate full ownership of every ship, giving M/Maritime more flexibility as M/Maritime builds market presence. Long-term chartered-in tonnage can help M/Maritime serve charterers, develop cargo relationships, increase trading experience, and maintain fleet availability while ownership growth continues. For a shipowner and operator in the early stages of expansion, this combination of owned newbuildings, resale purchases, and chartered-in ships can provide a useful bridge between commercial ambition and capital discipline. The acquisition of MV Calypso GR also supports the reputation of M/Maritime as a shipowner and operator focused on quality rather than simple fleet numbers. In dry bulk shipping, the long-term value of a ship depends not only on deadweight capacity but also on fuel consumption, cargo-handling arrangements, maintenance needs, technical performance, hold condition, port suitability, and charterer acceptance. A modern Japanese-built handysize dry bulk carrier can offer strong operating reliability and attractive commercial characteristics, especially when the ship is deployed carefully across cargoes and routes that match its design. For M/Maritime, MV Calypso GR provides immediate modern tonnage and strengthens the technical profile of the fleet. The backing of the Mytilineos family gives M/Maritime financial and strategic support as M/Maritime develops its dry bulk platform. Strong backing can be important in shipping, where asset values, freight markets, financing conditions, and newbuilding prices can change quickly. A young shipowner and operator needs capital discipline, technical knowledge, commercial relationships, and careful timing to build a durable fleet. M/Maritime appears to be using its early years to assemble a fleet based on respected shipyards, commercially flexible ship types, and a blend of ownership and long-term chartered-in exposure. This approach can help M/Maritime grow while maintaining the ability to adjust to market conditions. MV Calypso GR also gives M/Maritime greater visibility in the handysize dry bulk carrier segment. Handysize dry bulk carriers remain essential to global dry bulk trade because many cargoes move in smaller parcels, through regional ports, or to destinations that cannot accommodate larger bulk carriers. These ships often serve trades that require reliability, frequent port calls, careful stowage, and practical cargo-handling arrangements. For M/Maritime, increasing exposure to this segment can create access to a wide range of cargo programmes and charterers. The planned acquisition of two more handysize newbuilding bulk carriers indicates that M/Maritime sees further value in this part of the dry bulk market. The ultramax side of the fleet of M/Maritime also provides an important complement to the handysize strategy. Ultramax bulk carriers can carry larger parcels while retaining geared flexibility, making these ships suitable for ports where shore cranes may be limited or unavailable. With two ultramax bulk carriers already in the fleet and one more ultramax newbuilding bulk carrier planned, M/Maritime is positioning itself across a wider dry bulk spectrum. This gives M/Maritime the ability to pursue cargoes requiring more capacity than handysize dry bulk carriers can provide, while still avoiding complete dependence on very large bulk carrier segments. For M/Maritime, this fleet mix can support chartering flexibility and improve resilience across market cycles. The resale newbuilding nature of MV Calypso GR also has strategic importance. Buying a resale newbuilding can allow a shipowner to obtain a modern ship without waiting through the full original construction period. For M/Maritime, this can accelerate fleet development and provide earlier access to earning capacity. A resale newbuilding can be especially attractive when a shipowner wants modern tonnage but does not want to wait several years for a fresh shipyard order. The acquisition of the Imabari 936 handysize dry bulk carrier therefore supports the growth timetable of M/Maritime and helps M/Maritime build fleet scale more quickly. Looking ahead, M/Maritime appears to be building the foundation for a modern Greek dry bulk shipowner and operator with a clear focus on quality tonnage, Japanese-built ships, and flexible dry bulk employment. The fleet of M/Maritime currently includes two ultramax bulk carriers, one handysize dry bulk carrier, and three long-term chartered-in bulk carriers, while the planned acquisition of two handysize newbuilding bulk carriers and one ultramax newbuilding bulk carrier points to further growth. The naming of MV Calypso GR marks another stage in this development. For Athens-based shipowner and operator M/Maritime, backed by the Mytilineos family, the acquisition of the 38K DWT Imabari 936 handysize dry bulk carrier is more than a single fleet addition. It strengthens the handysize presence of M/Maritime, reinforces the preference of M/Maritime for Japanese-built quality, supports a balanced owned and chartered-in fleet structure, and confirms the intention of M/Maritime to grow into a more established dry bulk shipowner and operator with a modern, flexible, and commercially useful fleet.
13-June-2017
Greek shipowner and operator Karlog Shipping handymax dry bulk carrier collided with a fishing boat and killed two (2) fishermen. 2000 built 47K DWT MV Amber L smashed a fishing boat in India, 30 miles north of Kochi Port.
Indian authorities seized the official logbook, voyage data recorder, and other documents from MV Amber L. Handymax bulk carrier’s captain, officers, and crew were unaware of any contact with a fishing boat.
13-June-2017
Athens-based shipowner and operator Samios Shipping Co. S.A. has taken another step toward refreshing its dry bulk portfolio, agreeing to acquire two post-2000 built handysize bulk carriers from fellow Greek shipowner and operator Interunity Management Corporation S.A. (Interunity Group). Samios Shipping Co. S.A. is understood to be buying the 2010-built handysize bulk carrier 33K DWT MV Pioneer Skipper together with the 2009-built handysize bulk carrier 33K DWT MV Pioneer Spirit for about $17 million en bloc, a move that strengthens Samios Shipping Co. S.A.’s exposure to the handy segment with comparatively younger tonnage. Athens-based shipowner and operator Interunity Management Corporation S.A. (Interunity Group) had previously picked up the Orient Shipyard-built duo in bank-driven auctions last year and is now believed to be realising a modest resale gain, with HSBC also understood to be involved in the deal. Samios Shipping Co. S.A., a Greece-based shipowner and shipmanager founded in 1973, has a long track record in owning, operating, and managing dry bulk carriers and general cargo ships, typically favouring practical, marketable ship types that can trade across a wide range of routes, cargoes, and chartering profiles. Samios Shipping Co. S.A. markets itself as an owner-operator with in-house technical management, maintaining a focus on safe operations, consistent performance, and cost control, while also highlighting environmental and quality standards as part of day-to-day ship management. In fleet terms, Samios Shipping Co. S.A. has historically been associated with handy-sized bulk carriers and adjacent segments, using this position to pursue flexible employment opportunities in the spot and period markets, and the latest handysize bulk carrier purchases align with that approach by adding modern, commercially versatile ships that can suit minor bulks and regional trades as well as longer-haul business when market conditions support it.
12-June-2017
German shipowner and operator HBC Hamburg Bulk Carriers GmbH & Co. KG warned that any move to bring forward the deadline for greenhouse emissions to 2020 instead of 2025 would be detrimental with safety considerations overshadowing any potential commercial benefits. MD (Managing Director) Stefan Bulow-led Hamburg Bulk Carriers (HBC) disregards early target date for emissions. HBC Hamburg Bulk Carriers GmbH & Co. KG has precautioned about the risks of bringing forward the deadline for more stringent controls on greenhouse gas emissions from shipping. Meanwhile, HBC Hamburg Bulk Carriers GmbH & Co. KG has been waiting for the delivery of the last in a series of handysize bulk carriers that already fulfill the green prerequisites. HBC Hamburg Bulk Carriers GmbH & Co. KG will take the delivery of the handysize bulk carrier new building 43K DWT MV Zephyr Venture. MV Zephyr Venture is the last of 10 geared handysize bulk carrier new buildings delivered to HBC Hamburg Bulk Carriers GmbH & Co. from Qingshan Shipyard.
8-June-2017
Athens-based shipowner and operator Delta Tankers is reportedly associated with the procurement of two resale suezmax tanker newbuildings. Shipbrokers suggest that Delta Tankers has assumed ownership of two (2) 160K DWT suezmax tanker newbuildings from Hamburg-based shipowner and operator Reederei Johann MK Blumenthal (Bluships) at an approximate value of $57 million apiece. These suezmax tanker newbuildings, christened Hull 853 and Hull 852, are presently in the meticulous phase of construction at the renowned Hyundai Samho Shipyard in South Korea, with their anticipated delivery set for July. As of now, Athens-based shipowner and operator Delta Tankers proudly operates an impressive armada of 25 tankers. This recent transaction marks the Delta Tankers’ inaugural acquisition since the spring of 2015.
7-June-2017
Japanese shipowner and operator Kambara Kisen Co., Ltd has sold the eight-year-old post-panamax bulk carrier MV Ten Jo Maru to Taiwanese shipowner and operator U-Ming for approximately $19 million, continuing a strategic fleet reshaping initiative that has positioned Kambara Kisen Co., Ltd as one of the most active ship sellers in 2025, with this latest transaction representing the fifth ship it has offloaded so far this year; the post-panamax bulk carrier MV Ten Jo Maru was constructed at Tsuneishi Zhoushan Shipyard, the Chinese shipbuilding facility affiliated with Japan’s Tsuneishi Shipbuilding, under whose corporate umbrella Kambara Kisen Co., Ltd operates as the maritime transport division; headquartered in Hiroshima and established in 1903, Kambara Kisen Co., Ltd owns and operates a diversified fleet including bulk carriers, oil tankers, and container ships, with a particular focus on handymax, supramax, and kamsarmax bulk carriers, and is widely recognized for its integrated ship management capabilities and strong ties to Tsuneishi’s shipyards in China and the Philippines; in recent years, Kambara Kisen Co., Ltd has been actively rebalancing its fleet portfolio through the sale of older ships and the acquisition of newer tonnage, often backed by long-term charter agreements, while also expanding its global presence through its Singapore-based subsidiary Kambara Kisen Singapore Pte Ltd, which focuses on shipowning, shipmanagement, and environmentally sustainable operations aligned with the strategic goals of the broader Tsuneishi Group.