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4 articles
Nasdaq-listed Star Bulk Carriers has divested a 35% interest in two 2026-built kamsarmax bulkers to Hermes World Maritime, while retaining full commercial and technical management of the vessels.
Scorpio Tankers has committed $415.6m to four new VLCC and LR2 tankers while divesting older tonnage, continuing its fleet renewal programme.
Thai dry bulk owner Precious Shipping has sold a 2011-built supramax and taken delivery of a new ultramax as part of its ongoing fleet modernisation programme.
Improved earnings and a limited orderbook have supported asset prices for modern and mid-aged tonnage.
Daniel OkaforAnalysis