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Latest From Sale and Purchase
Tanker scrapping to rebound from 23-year low
More than 90 vessels in excess of 34,000 dwt are forecast for scrapping in 2021, compared with only 25 last year, shipbroker says
DHT to buy VLCC pair for $136m
The company will receive the two DSME 2016-built very large crude carriers during the first half of this year from an an undisclosed seller
Castor acquires first capesize bulker
The Petros Panagiotidis-led owner said it had agreed a purchase price of $17.5m for the vessel, but only identified it as a capesize built in 2006 in Japan. However, the description matches the 15-year-old, 180,200 dwt Ocean Compass built by the Imabari Shipbuilding Saijo shipyard
Scorpio sells another two ultramaxes for $35m
The sale leaves the US-listed company with more than a dozen owned or finance-leased vessels to dispose of by the end of the first quarter
Greeks spent $3.6bn on secondhand acquisitions last year
Total secondhand and resale acquisitions by Greek buyers last year numbered 233 vessels for an aggregate amount of $3.6bn, ahead of Chinese owners who acquired 179 vessels for an aggregate of $2.7bn
Union Maritime acquires two capesizes
Move is eye-catching as the company’s existing presence in dry bulk comprises three ultramaxes
Scorpio declares option to sell Ocean Yield ultramax
Ocean Yield said it would receive proceeds of about $20m and record a small book profit from the sale
Eagle Bulk picks up third ultramax from Scorpio
The price tag for the latest purchase was slightly higher than previous deals
Eagle Bulk raises $25m for vessel acquisitions
Recent vessel purchases have helped lower the average age of Eagle Bulk’s fleet and improved its emissions profile, while the company continues to eye attractively-priced secondhand tonnage
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