Scorpio Tankers has agreed to sell seven of its under-construction VLCCs for a $50m profit.

Ship Finance International Limited (SFL) has agreed to buy two 5,800 teu post-panamax boxships in combination with long-term charters and has announced the settlement of a two year old chartering dispute.

Scorpio Tankers is selling 2008-built LR2 product tanker STI Spirit to an unnamed buyer for $30.2m. The sale is expected to close in April.

John Fredriksen's Golden Ocean has bought three 2012-built kamsarmax sister ships for an undisclosed price.

Norwegian firm Farstad Shipping has divested the aging Far Grimshader, a 1983-built OSV, to an undisclosed party for a sum of NOK15m ($2.4m).

BW Offshore has revealed itself as the buyer of a 2012-built VLCC ordered by Today Makes Tomorrow (TMT) at Daewoo Shipbuilding and Marine Engineering (DSME).

SBM Offshore's diving support and construction vessel SBM Installer is back on sale after a $180m memorandum of agreement (MOA) with Daya Vessels Limited (DVL) fell through.

TSC Group Holdings has entered into a sales and purchase agreement with Hongkong Petrolor Oilfield Services Co to sell a jack-up oil rig at an undisclosed price.

Bourbon has announced it has sold three of its vessels for $38m as part of its fleet standardising policy.

Traditionally, as the August sun gets higher in the sky, the heat goes out of the activity within the Greek shipping community as the players move to the country’s islands, or to the decks of yachts cruising off the islands. This is particularly...