Performance Shipping Inc., announces the sale of a panamax container vessel, the m/v Pamina

Performance Shipping Inc., announces the sale of a panamax container vessel, the m/v Pamina

ATHENS, GREECE, August 27, 2019 – Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party the 2005-built vessel “Pamina”, with delivery to the buyer latest by November 15, 2019, for a sale...

http://www.allaboutshipping.co.uk/2019/08/27/performance-shipping-inc-announces-the-sale-of-a-panamax-container-vessel-the-mv-pamina/

Performance Shipping announces delivery of Aframax tanker “Blue Moon”

Performance Shipping announces delivery of Aframax tanker “Blue Moon”

ATHENS, GREECE, August 5, 2019 – Performance Shipping Inc. (NASDAQ: DCIX), (the “Company”), a global shipping company specializing in the ownership of vessels, today announced that, through a separate wholly-owned subsidiary, it has taken delivery of the m/t Blue Moon (formerly “Maersk Jeddah”), a 2011-built Aframax tanker vessel of 104,623 dwt that the Company entered into an agreement to purchase in June 2019.

Including the...

http://www.allaboutshipping.co.uk/2019/08/05/performance-shipping-announces-delivery-of-aframax-tanker-blue-moon/

Diana sells panamax “Nirefs”

DIANA SHIPPING INC. ANNOUNCES THE SALE  OF A PANAMAX DRY BULK VESSEL, THE M/V NIREFS

ATHENS, GREECE, July 26, 2019 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2001-built vessel “Nirefs”, with delivery to the buyer latest by October 30, 2019, for a sale price of...

http://www.allaboutshipping.co.uk/2019/07/26/diana-sells-panamax-nirefs/

Performance Shipping Inc., announces agreements to acquire two Aframax Tankes and US$ 10.0 million investment by its chairman

Performance Shipping Inc., announces agreements to acquire two Aframax Tankes and US$ 10.0 million investment by its chairman    

ATHENS, GREECE, June 11, 2019 – Performance Shipping Inc. (NASDAQ:DCIX), (the “Company”), today announced that it has agreed to acquire two entities, which have signed contracts to purchase two 2011-built Aframax tanker vessels from an unaffiliated third party seller for a total purchase price of US$60.0 million. The transaction was unanimously approved by the...

http://www.allaboutshipping.co.uk/2019/06/11/performance-shipping-inc-announces-agreements-to-acquire-two-aframax-tankes-and-us-10-0-million-investment-by-its-chairman/

Nikos Vafias adds 12th aframax tanker

r to l: Nikos Vafias and George Procopiou

Nikos Vafias adds 12th aframax tanker

Nikolaos Vafias spending spree roars to US$90m with swoop for Brightoil aframax

Nikolaos Vafias has extended his investment in tonnage to almost US$90m in less than two weeks with a swoop for a Brightoil Petroleum aframax tanker being auctioned in Singapore.

Greek shipowner Diamantis Diamantides bags Brightoil VLCC auctioned in Hong Kong

Blast from the past as Vafias plots further growth with ‘seasoned’ partner

Having...

http://www.allaboutshipping.co.uk/2019/06/07/nikos-vafias-adds-12th-aframax-tanker/

Pireas 2019: Managers of Regulations or Ship Managers?

 THE 7TH GLOBAL SHIPBROKERS FORUM

Yacht Club of Greece, Piraeus, Thursday 20th June 2019

Managers of Regulations or Ship Managers?

FORUM AGENDA

09:00 – 10:00 REGISTRATION & COFFEE

10:00 – 10:30 Welcome speeches:

– Mr. John N. Cotzias – President of H.S.A.

– Mr. Fotis Kouvelis – Minister of Maritime Affairs and Insular Policy

– Mr. Yannis Plakiotakis – Maritime Affairs & Insular Policy Coordinator of New Democracy Party

SESSION 1 – IMO, BIMCO, INTERTANKO, INTERCARGO our voice WORLDWIDE: The Hellenic...

http://www.allaboutshipping.co.uk/2019/06/04/pireas-2019-managers-of-regulations-or-ship-managers/

Greek shipowner Nikolaos Vafias goes on $65m shopping spree

Greek shipowner Nikolaos Vafias goes on US$65m shopping spree 

Nikolaos Vafias

Private Greek shipowner Nikolaos Vafias has made a significant investment in additional tonnage — purchasing three vessels in a single week in deals worth in excess of $65m, sources said.

Vafias has bought a single capesize from a compatriot in a swoop that has clear parallels with his last countercyclical venture in the same space in 2016.

He has also entered two LPG niches for the first time, with the purchase of a...

http://www.allaboutshipping.co.uk/2019/05/27/greek-shipowner-nikolaos-vafias-goes-on-65m-shopping-spree/

The BDI@1,043 whilst awaiting …Armageddon

John Faraclas

The BDI@1,043 whilst awaiting …Armageddon

The BDI (Baltic Dry Index) continued its upwards mode and now reads 1,043 – plus 17 points. The Geopolitics getting sour and BIMCO makes a splash at the Yacht Club of Greece. John Faraclas’ daily market brief recap:

The Capes’ BCI increased its “fortunes” to 1,462 points – up 57! Let’s see this new rally where and how same ends.

The Panamaxes BPI also on an upwards mode now at 1229 – plus 18.

Stagnation for both the Supras and Handies. The BSI...

http://www.allaboutshipping.co.uk/2019/05/14/the-bdi1043-whilst-awaiting-armageddon/

‘Chartering Manual’ makes a big splash

‘Chartering Manual’ makes a big splash

By John Faraclas

This specialist shipbroking book is now the fifth volume* residing on my bedside table!

You all know how particular I become – and I am on many issues and in relation to the many books I read and then study – also for reviewing same with the allaboutshipping team and with other colleagues in the past.

Now this book could appear at no better time and serves both as a beacon of intelligence, having in-depth analysis and explanations of various...

http://www.allaboutshipping.co.uk/2019/05/05/chartering-manual-makes-a-big-splash/

Diana sells panamax bulker “Erato”

DIANA SHIPPING INC. ANNOUNCES THE SALE OF A PANAMAX DRY BULK VESSEL, THE M/V ERATO

ATHENS, GREECE, April 15, 2019 – Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement to sell to an unaffiliated third party, the 2004-built vessel “Erato”, with delivery to the buyer latest by June 10, 2019, for a sale price of US$7.0...

http://www.allaboutshipping.co.uk/2019/04/15/diana-sells-panamax-bulker-erato/

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