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The sentiment for newbuilding orders remains fierce with noticeable deals in all ship sizes, for bulkers and tankers

Latest batch of weekly data, suggests an increased appetite for newbuildings among ship owners. Bulkers VLOC / Capes South Korean, Polaris Shipping has added five more 325,000 DWT Very Large Ore Carriers to the newbuilding tally at South Korean shipbuilder Hyundai Heavy Industries (HHI). The order, worth USD 400 million, is an option being exercised [...]

By | October 31st, 2017|News, Slider|0 Comments

Sale and lease back of ships a growing trend among ship owners, with the help of Chinese financial institutions

China has been growing as an alternative source of financing, when it comes to shipping. The gradual exit of the ship financing market by traditional banks and the recent fall of the hedge fund frenzy which swept the industry a few years back, has left more than enough room to be exploited by other lenders. [...]

By | October 30th, 2017|News, Slider|0 Comments

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