CSL Virginia has been sold for demolition in Bangladesh.
VesselsValue
South Korean Builders Claim the Throne, Greek Owners Remain Biggest Spenders in 2018
South Korea has reclaimed the crown from China as the top shipbuilding nation in 2018.
Greek Company Tops Chart Of Biggest Second-Hand Buyers In 2018 – VesselsValue
VesselsValue’s Senior Analyst Court Smith gives a rundown on which countries have splashed the most cash on second-hand vessel purchases over 2018.
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Greece
The biggest buyer in 2018 of second-hand vessels is the Greek company Star Bulk Carriers. The vessels involved in the 2018 transactions were valued at just under 1 billion USD on the day of sale. Star Bulk have acquired vessels from a variety of sources: 6 capesize bulkers in a part share and part cash deals from...
Three Key Ship Types to Watch in 2019
There are three major ship types to keep a close eye on in 2019.
https://worldmaritimenews.com/archives/266603/three-key-ship-types-to-watch-in-2019/
VesselsValue: 44 Pct of 2018 Orderbook Yet to Be Delivered
Out of 1,966 vessels scheduled for delivery in 2018, only 1,100 have hit the water so far this year.
Offshore drillers Ensco and Rowan in $12 billion merger
Offshore drillers Ensco plc and Rowan Companies plc announced yesterday that the companies will combine in an all-stock transaction. The agreement was unanimously approved by each company’s board of directors. The companies anticipate that the transaction will close during the first half of 2019.
Under agreement, Rowan shareholders will receive 2.215 Ensco shares for each Rowan share. Upon closing, Ensco and Rowan shareholders will own approximately 60.5% and 39.5%, respectively, of the...
https://www.workboat.com/news/offshore/offshore-drillers-ensco-and-rowan-in-12-billion-merger/
VesselsValue: Tankers Offer the Most Promising Investment
VesselsValue: Value investors still have plenty of opportunities to buy prime aged assets at a discount.