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International Seaways has agreed to acquire Oslo-listed VLCC owner Bruton Limited for approximately $370 million, adding four very large crude carriers to its fleet.
Greek owner Danaos is weighing a carve-out and minority stake sale of its dry bulk business through a potential listing on the Norwegian market.
Evgenia Daskalopoulou, founder and president of Athens-based dry bulk owner Almi Marine Management, has died, the company announced, just days after it placed newbuilding orders for three more ultramax bulkers in China.
The Greek-owned newbuilding orderbook has crossed the 1,000-vessel mark for the first time, according to new data from Xclusiv Shipbrokers.
Singapore-listed Yangzijiang Maritime Development has locked in firm contracts for 24 new vessels at Chinese shipyards, spanning bulk carriers, tankers and VLCCs, with options for 16 more.
COSCO Shipping Holdings has contracted 18 new containerships worth RMB20.27 billion ($2.99 billion), taking its 2026 newbuilding commitments in the segment to 48 vessels and roughly $8 billion.
Greek shipowner Evangelos Pistiolis has secured his first construction slots at South Korea’s K Shipbuilding with an order for two MR product and chemical tankers.
