WFW advises EnTrust Global on US$150m sale and leaseback to Danaos Corporation

WFW advises EnTrust Global on US$150m sale and leaseback to Danaos Corporation

Watson Farley & Williams (WFW) has advised EnTrust Global (ETG) on the US$150m sale and leaseback transaction of the two container vessels HYUNDAI RESPECT and HYUNDAI HONOUR acquired from and chartered back to two …
Apr 25, 2019 /  Finance
Navios Maritime Acquisition Corporation Announces $103.2 million Sale and Leaseback Transaction

Navios Maritime Acquisition Corporation Announces $103.2 million Sale and Leaseback Transaction

Navios Maritime Acquisition Corporation (Navios Acquisition) (NYSE:NNA), an owner and operator of tanker vessels, announced today that it has completed a $103.2 million sale and leaseback transaction (Transaction) for …
Apr 18, 2019 /  Finance
Diana Shipping announces sale of Panamax dry bulk carrier Erato

Diana Shipping announces sale of Panamax dry bulk carrier Erato

Diana Shipping Inc. (NYSE: DSX), a global shipping company specializing in the ownership of dry bulk vessels, yesterday announced that it has signed, through a separate wholly-owned subsidiary, a Memorandum of Agreement …
Apr 16, 2019 /  Vessels
New World Supply Ltd sells four platform supply vessels

New World Supply Ltd sells four platform supply vessels

New World Supply Ltd (NWS), where SDSD has an ownership of 34.4%, has completed a sale (Transaction), with a well known and reputable counterparty, of its remaining four medium-sized platform supply vessels (PSVs). The …
Apr 15, 2019 /  Vessels
Scorpio Bulkers Inc. Announces Sale and Leaseback Agreements for Two Dry Bulk Vessels

Scorpio Bulkers Inc. Announces Sale and Leaseback Agreements for Two Dry Bulk Vessels

Scorpio Bulkers Inc. (NYSE:SALT) (Scorpio Bulkers) announced today that it has agreed to sell and leaseback two Ultramax vessels (SBI Libra and SBI Virgo) to an unaffiliated third party.   Upon completion, which is …
Apr 8, 2019 /  Vessels
Navios Maritime Acquisition Corporation Announces the Sale of One VLCC for $21.75 million

Navios Maritime Acquisition Corporation Announces the Sale of One VLCC for $21.75 million

Navios Maritime Acquisition Corporation (Navios Acquisition) (NYSE: NNA), an owner and operator of tanker vessels, announced yesterday that is has sold the oldest vessel of its fleet, the C. Dream, a 2000-bult VLCC for …
Apr 2, 2019 /  Vessels
SAL Heavy Lift and Davila Group come together to establish SAL Heavy Lift, Spain

SAL Heavy Lift and Davila Group come together to establish SAL Heavy Lift, Spain

SAL Heavy Lift GmbH announced yesterday that together with its Spanish business partner Grupo Davila (Davila Group), a new entity has been formed to represent SAL in the Spanish market. As of 1 April 2019, SAL Heavy …
Apr 2, 2019 /  Curious
Boluda Towage and Salvage expands tugboat fleet in Las Palmas de Gran Canaria port

Boluda Towage and Salvage expands tugboat fleet in Las Palmas de Gran Canaria port

The VB TAMARAN joins ten other units operating in the Canarian port to increase service capacity and maneuvering power Boluda Corporación Marítima’s towage division Boluda Towage and Salvage has …
Mar 29, 2019 /  Vessels
Wärtsilä solutions for new state-of-the-art Wasaline ferry create world class efficiency and eco-friendliness

Wärtsilä solutions for new state-of-the-art Wasaline ferry create world class efficiency and eco-friendliness

An integrated package of products, systems, and solutions from the technology group Wärtsilä will enable a new Wasaline RoPax ferry to be among the world’s most efficient and environmentally sustainable …
Mar 22, 2019 /  Vessels
Navig8 Chemical Tankers enters into sale and leaseback agreements with ICBC Financial Leasing for four 37,000dwt product oil/chemical tankers

Navig8 Chemical Tankers enters into sale and leaseback agreements with ICBC Financial Leasing for four 37,000dwt product oil/chemical tankers

Navig8 Chemical Tankers Inc. (N-OTC: CHEMS), an international shipping company focused on the transportation of chemicals, Friday announced that it has entered into sale and leaseback agreements with ICBC Financial …
Mar 18, 2019 /  Vessels