Greek players continue to dominate the dry bulk second hand market. Hearing seven to eight prospective buyers (half of them being Greeks) are currently inspecting Japanese controlled panamax BOTAFOGO.

THE Drewry Hong Kong-Los Angeles FEU rate benchmark jumped 21 per cent to US$2,213 through 2012, according to data compiled by Bloomberg.

Seanews Turkey continues to publish weekly reports in cooperation with Lion Shipbrokers.

Seanews Turkey continues to publish weekly reports in cooperation with Lion Shipbrokers.

SHIPPERS are facing uncertainties prompted by the sudden, high number of container service sailing cancellations, according to Drewry Maritime Research.

The first week of March ended with strong presence of Greek owners in the newbuilding market.

There is a light breeze of optimism gently blowing over the shipping circles as many believe that the worst has probably passed & 2013 will not be too bad.

Not much second hand movement since February. Here is the report of  Lion Shipbrokers including market situation of bulkers,tankers, container vessels and demolition.

See Lion Shipbrokers report for 8 February 2013 for weeks 05&06. The report is published every fortnight on SeaNews Turkey.

M/V "TORM SALTHOLM" - 83,685 dwt, blt 2008 Sanoyas/Japan, NK, 7 HO/7 HA, MAN-B+W 6S60MC-C Sold to clients of Safety of Greece for $19.1 mil..