Printable version
Newsletter
sign up
Lundh’s chemical coup
Swedish shipbroker races to cash in on management of small Turkish chemical tankers built on spec during the market boom.
Rem buys resale
Rem Offshore has tapped cash raised from a bond issue to buy a large PSV resale.
Age Remoy.
Oslo Axess-listed Rem has bought the 4,527-dwt Greatship Mohini from Greatship Global Offshore, a statement says.
Rem will take delivery of the vessel from Keppel Singmarine in mid March.
No price has been released and attempts to contact Rem chief Age Remoy were unsuccessful this morning.
Brokers say the owner was known to be looking for around $50m for the ship. A price of around $45m has been floated but this has yet to be confirmed.
Rem, which pocketed over $50m from a bond issue last month, has been sniffing around this vessel for a while, TradeWinds is told.
The ship’s MT 6012 design is similar to other boats in Rem’s fleet and will be capable of performing subsea as well as cargo work, brokers say.
It is suggested Rem has a contract lined up for the vessel, but there was no mention of a term charter in this morning’s statement to investors.
Latest News
RLOG on the up
Great Lakes bulker specialist predicts another profitable year as expanded fleet lifts bottom line.
Full circle for finance man
Investment banker Kevin O'Hara has rejoined New York boutique firm AMA Capital Partners after seven years.
Iran facing shipping squeeze
Trade dwindling as Maersk and Hapag-Lloyd among those pulling out due to US and EU sanctions.
Strike three for Saverys
Shipowner Marc Saverys continues to sell off stock in shipbroker Clarksons.
DSX plays down Daelim drama
Cargill steps in as South Korean charterer coughs up cash to cover early return of bulker to US-listed owner.
Tough end for ASL Marine
Singapore-listed offshore company sees revenue and earnings sliced by a quarter in the final period of 2011.
Dividend chop just the start
Axing of shareholder payouts at OSG may need to be accompanied by asset sales, analyst says.
Peel plots post-panamax port
Port of Liverpool owner ready to spend £250m on new containership facility at Seaforth.
Seabird swoops on contract
Oslo-listed seismic outfit eases financial troubles with award of $13m deal.
GE earnings cut
Weaker bulker markets in third quarter sees Indian owner's profit chopped, but tankers improve.
BLT has some backing
Creditors are being supportive of Indonesian owner’s restructuring efforts, says Kevin Wong.
Top Jobs
Latest Positions
- $ 650,000