Shipping broker report ending 06/23/24

Some noteworthy transactions this week

  • Genco selling an older Supramax
  • Torm selling an MR2 tanker
  • Frontline selling a Suezmax
  • MPC acquiring three second-hand container vessels (sub-Panamax)
  • Navios Partners (NMM) placing a 2 option 2 container vessel order

With the Marine Money event in New York this week, will the pitch be - there are opportunities in shipping. Besides the financial institutions, there are funding and/or fleet management entities in the sponsorship ranks e.g. Energos (Apollo funds backed), Tufton, etc