Bank of America, Citi Stocks Rally; Wall Street Profits From Tariff Chaos
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Secondhand sales fall in ‘fragmented and opaque’ tanker market, Greek broker says
Xclusiv Shipbrokers says MR deals less common this year, but interest remains for older ships
Single-ship Chinese outfits snap up Nigerian-owned suezmax
Tanker was used for a variety of trades, including Russian cargoes
Martinos family firms Eastmed and Thenamaris line up string of vessel sales
Shipping giant Thenamaris is set to absorb 11 newbuilding deliveries this year
DHT sells Chinese-built VLCCs to align fleet with ‘market trends’
Divestment, for $103m, will net the tanker owner $85m
German and Chinese owners hoover up feeder container vessels amid massive buying interest
Strong charter rates and tight supply maintain demand for smaller boxships
Last regulatory hurdles cleared for DSV takeover of DB Schenker
But the huge scale of the acquisition means it could take up to two years before DB Schenker’s business is…