Deiulemar deal in doubt

Auction of bankrupt owner’s bulker fleet comes under scrutiny from creditors concerned over the price.

TradeWinds digests the digits making the headlines this week.

Paper chase - key figures from shipping's favourite newspaper.

111m: Auction price for Deiulemar Shipping bulkers which is coming under scrutiny from creditors who could put a stop to the deal.

(Creditors of Deiulemar Shipping ponder block of fleet sale)


103m: Fee Hyundai Heavy Industries is looking to secure for VLCC newbuildings as Marinakis prepares to set a new benchmark at DSME.

(VLCC prices set to climb above $100m apiece)

2: Former OMI executives Craig H Stevenson Jr, pictured, and Robert Bugbee who are set to face off on Wall Street following Diamond S Shipping’s IPO move.

(Former OMI big wigs set for Wall Street showdown)

100: Big tankers which could be under the control of tonnage hungry Euronav by the close of 2015, according to chief executive Paddy Rodgers.

(Euronav aims to double fleet)

3: Bulk carriers, once owned by Excel Maritime, which are believed to be on their way to AM Nomikos.

(Nomikos closes in on trio of bulkers)

76m/77m: Dollars TransPetrol of Belgium is expected to have paid for a VLGC at Hyundai Heavy Industries.

(TransPetrol turns to Hyundai for VLGCs)

Digital digits - numbers hitting the headlines on

10: Metrostar tankers Diamond S Shipping is buying from the Greek owner as it charts its course to Wall Street.

(Diamond readies IPO)


5: OSG tankers likely to be hoovered up by a joint venture between Euronav and Blackstone Group.

(Euronav eyes OSG tankers)

2: VLCCs being packed off to the breakers’ beaches as Hong Kong Ming Wah and Nathalin Shipping of Thailand register disposals.

(VLCCs scrapped)

172m: Size of loan cheque picked up by Ardmore Shipping from ABN AMRO, Nordea Bank Finland and Skandinaviska Enskilda Banken.

(Ardmore lands loan)

3: Zim boxships newbuildings which are being erased by Samsung Heavy industries after years of delays.

(Samsung tears up Zim contracts)

30: Newbuildings which were lost by IRISL after sanctions against the Iranian owner placed restrictions on its operations.

(IRISL lost 30 ships)

212.7m: Value of latest MR newbuilding series snapped up by Hyundai Mipo Dockyard.

(Mipo winds MR sextet)

75m: Cash secured by Epic Gas as Chris Buttery and Paul Over complete a primary shares issue first predicted by TradeWinds.

(Epic heads for Oslo)