Ship Market Reports

SMIT Amandla Marine, a market leader in the provision of specialist marine solutions in the Southern African region, has been acquired by African Marine Solutions Group (AMSOL), owned by a consortium including SMIT Amandla Marine management and employees, the Mineworkers Investment Company, Pan-African Capital Holdings and RMB Ventures. According to…
Dutch shipowner and operator Royal Wagenborg has acquired MV Veersediep, the first of seven general cargo vessels to be obtained over the next few months from its compatriot shipping company Feederlines. According to data provided by VesselsValue, the ship’s market value stands at USD 2.46 million.Renamed Zijlborg, the 4,938 gross…
Debt-ridden Hanjin Shipping Co. will reach out to major European shipping companies as early as this week to tap interest for at least five of its vessels as it tries to raise funds to unload stranded cargo, pay off creditors and re-emerge as an Asia regional carrier, people involved in…
ABF Logistics an ArcBestSM company announced it has acquired Logistics & Distribution Services, LLC (LDS), a private logistics and distribution company headquartered in Sparks, Nevada, effective , in a transaction valued at $25.0 million, subject to normal post-closing adjustments.   The transaction reflects cash consideration of $17.0 million paid at closing…
Global Ship Lease , Inc announced that the Company's Board of Directors has declared a cash dividend of $ 0.546875 per depositary share , each representing a 1/100th interest in a share of its 8.75 % Series B Cumulative Redeemable Perpetual Preferred Shares (the "Series B Preferred Shares") GSLPrB).  …
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