Sales and Purchases Archives - Page 6 of 6

The BDI@651… Losing steam

27 February 2019

John Faraclas

The BDI@651… Losing steam

The BDI (Baltic Dry Index) clinched two points and seems that it’s losing steam; Geopolitics in jeopardy. John Faraclas’ brief daily recap:

It seems that we are having a Dry Market stagnation and hope same will change. More later on tonight.

The Wets losing ground with the BDTI (Dirties) and the BCTI (Cleans) reading 799 – minus two and 583 minus five points respectively.

The WTI close to US$ 57.00; Caution.

On the Ships Sale and Purchase front the following...

http://www.allaboutshipping.co.uk/2019/02/27/the-bdi651-losing-steam/

Diana announces the sale of a panamax dry bulk vessel, the m/v Triton

7 November 2018

ATHENS, GREECE, November 7, 2018 – 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 “Triton”, with delivery to the buyer latest by January 7, 2019, for a sale price of US$7.35 million before commissions.

Upon completion of the aforementioned sale, Diana...

http://www.allaboutshipping.co.uk/2018/11/07/diana-announces-the-sale-of-a-panamax-dry-bulk-vessel-the-mv-triton/

FONASBA elects first Arab and North African President

31 October 2018

Aziz Mantrach, FONASBA President for 2018 to 2021

As it approaches its 50th year, FONASBA has demonstrated increasing global reach by appointing the first President from an Arabic and North African country. Aziz Mantrach, Partner and General Managing Director of Transports Marocaines S.A. of Casablanca, President of the Moroccan association APRAM and previously the Federation’s Regional Vice President for Africa and the Middle East, was elected as FONASBA’s 28th President during the 2018 Council...

http://www.allaboutshipping.co.uk/2018/10/31/fonasba-elects-first-arab-and-north-african-president/