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Costamare orders five 12,690 teu ships and acquires two 2013-built, 5,000 teu ships

Costamare orders five 12,690 teu ships and acquires two 2013-built, 5,000 teu ships

Costamare Inc. announced the conclusion of shipbuilding contracts and long term charter agreements for five newbuild containerships, as well as the acquisition and chartering of two secondhand containerships.

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Scorpio Tankers Announces Sale and Leaseback Agreements for Seven Product Tankers

Scorpio Tankers Announces Sale and Leaseback Agreements for Seven Product Tankers

Scorpio Tankers Inc. (NYSE:STNG) (“Scorpio Tankers” or the “Company”) announced that it has agreed to sell and leaseback six MR product tankers (STI San Antonio, STI Benicia, STI St.

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Safe Bulkers, Inc. Announces the Acquisition of a Capesize Class Dry-bulk Vessel

Safe Bulkers, Inc. Announces the Acquisition of a Capesize Class Dry-bulk Vessel

Safe Bulkers, Inc., an international provider of marine dry-bulk transportation services, announced that it has acquired a 181,000 dwt, Japanese, 2009-built, dry-bulk, Capesize class vessel at an attractive

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Γ. Αγγελικούσης: Αναβαθμίζει τα πλοία του με νέες τεχνολογίες

Γ. Αγγελικούσης: Αναβαθμίζει τα πλοία του με νέες τεχνολογίες

Η ναυτιλιακή Maran Tankers του Γιάννη Αγγελικούση έκλεισε συμβόλαιο με την εταιρία Sembcorp Marine της Σιγκαπούρης για την εγκατάσταση συστημάτων καθαρισμού και  διαχείρισης θαλασσέρματος σε 13

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Genco Shipping acquired two 2016-built capesizes and one 2016-built ultramax

Genco Shipping acquired two 2016-built capesizes and one 2016-built ultramax

Genco Shipping & Trading Limited announced that it has taken delivery of the Genco Defender and the Genco Liberty, two 2016-built 180,000 dwt Capesize vessels, as well as the Genco

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EU wheat sees technical bounce with Chicago after 7-week low

EU wheat sees technical bounce with Chicago after 7-week low

European wheat futures ended higher on Friday after an earlier seven-week low, encouraged by a technical rebound in Chicago as traders awaited a clearer picture about supply in top wheat exporter

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Golden Ocean Group Limited launches an up to USD 200 million convertible bond

Παρασκευή, 17 Ιανουαρίου 2014 07:56.

goldenocshipGolden Ocean Group Limited announces the launch of a Reg S institutional offering of convertible bonds (the "Bonds") with an initial principal amount of USD 175 million and a five-year tenor. Such initial

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FOB differentials for Mediterranean, Black Sea crudes plunge as freight soars

Παρασκευή, 17 Ιανουαρίου 2014 07:44.

oiltankerf9FOB values for Black Sea and Mediterranean crudes have sunk to more than two-year lows as the cost of freight climbed. On Wednesday, FOB Novorossiisk Urals cargoes were assessed at a

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Israel Corp close to losing control of Zim

Πέμπτη, 16 Ιανουαρίου 2014 10:37.

zimlogoZim Integrated Shipping Services Ltd., owned by Israel Corporation (TASE: ILCO), is close to signing a debt settlement with its creditors, after months of intensive negotiations, which would see it lose

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US to require Vessel Response Plans for non-tank vessels by 30 January, 2014

Πέμπτη, 16 Ιανουαρίου 2014 06:55.

lorlogof2The US Coast Guard (USCG) has published a Final Rule which took effect on 30 October, 2013, requiring owners or operators of non-tank vessels to submit oil spill response plans (known as Non-Tank

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Baltic Trading Limited Exercises Option to Acquire Two Additional Ultramax Newbuildings

Πέμπτη, 16 Ιανουαρίου 2014 06:50.

balticf8Baltic Trading Limited (BALT) announced that it has exercised its option to acquire two additional Ultramax newbuildings. The two option vessels, which will have the same specifications and

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Freight rates are no longer determined by market fundamentals and carrier profitability is now driven by cost cutting

Πέμπτη, 16 Ιανουαρίου 2014 06:20.

nauloiploiaDrewry Maritime’s 4Q13 Container Forecaster report highlights that freight rates are now largely determined by carrier behaviour. Furthermore, industry profitability has little to do with carrying

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GasLog Ltd Announces Plans for Initial Public Offering of Master Limited Partnership

Τετάρτη, 15 Ιανουαρίου 2014 08:18.

piterlivanosf1GasLog Ltd. announced its Board of Directors has authorized the Company to make a confidential submission to the United States Securities and Exchange Commission (the “SEC”) of a draft

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Spot iron ore holds near 5-month low, buyers scarce

Τετάρτη, 15 Ιανουαρίου 2014 08:11.

ironoreship7Spot iron ore prices stayed near their weakest level in more than five months, reflecting slow demand from top importer China where steel mills are in no rush to snap up cargoes amid a soft market.

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Euronav: Capital increases through bond conversion and equity raise

Τρίτη, 14 Ιανουαρίου 2014 05:38.

euronavvessel1Euronav NV announces that on 10 January 2014 its share capital was increased following the exercise of the conversion option of 491 convertible bonds issued in 2013 and maturing in 2018. That resulted in

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Panamax tonnage shifts to Atlantic on grain season hopes: sources

Δευτέρα, 13 Ιανουαρίου 2014 01:19.

panamaxship8A lower Pacific market and looming grain season in South America are prompting owners to reposition vessels to the Atlantic region, putting further downward pressure on Transatlantic freight

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