NYSE-listed dry bulk shipping company Scorpio Bulkers resold five more of its newbuildings currently under construction in China and Romania for a combined price of USD 236 million. Scorpio Bulkers agreed to sell three Capesize dry bulkers and two LR2 product tanker newbuildings. The Capesize vessels are currently being constructed in China, and have expected delivery dates between the first quarter of 2016 and the second quarter of 2016. The LR2 product tankers are curr...

Singapore-based owner and operator of gas carriers BW LPG Limited has taken delivery of BW Leo, the fourth Very Large Gas Carrier (VLGC) in its newbuild programme of eight VLGCs from South Korea’s Hyundai Heavy Industries.   The BW Leo is financed by a combination of free cash and the USD 400 million loan facility from KEXIM, DNB and SEB, as lending banks.   The BW Leo joins the fleet held available to serve voyage charter opportunities and meet CoA commitments.   Includin...

South Korea’s Hyundai Mipo Dockyard has received an order to build four MR product tankers for an unnamed European client.   The value of the contract is KRW 168.9 billion (USD 143.9m), the shipbuilder said in a stock filing.   The vessels are scheduled to be delivered by the end of the first half of 2017.   The shipyard’s current orderbook now stands at KRW 3.97 trillion (USD 3.38 billion). Source: http://worldmaritimenews.com/

NYSE-listed dry bulk specialist Genco Shipping & Trading Limited, recentlymerged with Baltic Trading Limited, has taken delivery of the Baltic Scorpion, a 64,000 dwt Ultramax newbuilding vessel.   The 64,000 dwt Baltic Scorpion is the third of four Ultramax vessels to be delivered to the company under Baltic Trading’s previously announced agreements with Yangfan Group Co., Ltd.   The Baltic Scorpion is expected to be delivered to its charterer, Swissmarine...