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Latest From Sale and Purchase
The largest shipbreaking industry outside of Asia may escape from catastrophe as Turkish scrap price recovers
Delivery to the buyer, which is unaffiliated to DryShips, will be within this month
Norwegian owners were the second-highest spenders, with close to $1.8bn of market purchases, ahead of Chinese owners on nearly $1.2bn
Unidentified vessel becomes US-listed owner’s fourth cape as brokers point to Five Stars Fujian, auctioned in China last Saturday, as most likely candidate
New York-listed owner sells four crude and product tankers for $69m during the second quarter
Leading shipping nation on course for three-year high in spending
Delivery of the Hong Kong-flagged vessel is scheduled by August 5
Despite a slowdown in scrapping, fundamentals support strong valuations
The lease agreement enables Hafnia to maintain a low-cash break even
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