Greece
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Europe
CMA CGM in winning consortium for Thessaloniki port
A German-French consortium has won the rights to take over Greece’s second largest port having submitted an improved offer. Deutsche…
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Europe
Metrostar Management orders two aframax tankers at Daehan
Greek owner Metrostar Management has placed orders for two aframax tankers at South Korean yard Daehan Shipbuilding. It is Metrostar’s…
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Europe
Neda joins Greek VLCC rush
The Greek rush for cheap VLCC newbuilds continues. Brokers report Neda Maritime Agency has contracted Hyundai Heavy Industries (HHI) to…
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Asia
Rickmers Maritime wind up process sees Navios take entire fleet for $113m
Navios Maritime Partners has given Rickmers Maritime a hand to speed up its winding up process with an agreement to…
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Europe
Benetech Shipping acquires tanker pair from HMM
Greek owner Benetech Shipping has acquired two MR2 tankers from South Korean owner Hyundai Merchant Marine (HMM). According to broking…
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Europe
DryShips snaps up another kamsarmax
Greek shipowner DryShips has continued its fleet build up with the acquisition of another secondhand kamsarmax bulker. The 2014-built vessel…
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Europe
Procopiou’s Dynacom in for up to eight Chinese VLCC newbuilds
George Procopiou’s Dynacom Tankers Management is following the lead of other Greek tycoons in tying up deals for very low…
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Europe
Diana Shipping raising $70m to fund vessel acquisitions
Greek dry bulk vessel owner Diana Shipping has announced that it has commenced an underwritten public offering for $70m of…
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Europe
Seanergy renews capesize charter
Greek dry bulk owner Seanergy Maritime Holdings has entered into a new time charter contract for capesize vessel with a…
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Europe
DryShips gets charter for newcastlemax
Greek dry bulk owner DryShips has fixed one of its newcasltemax bulkers on a one year time charter with a…
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Europe
Banks agree to give Globus Maritime a ‘breather’
Globus Maritime has reached agreements with DVB Bank and HSH Nordbank on certain amendments and waivers to the terms of…
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Europe
Economou amends DryShips facility to allow for further acquisitions
George Economou’s DryShips has moved itself into position to further its recent acquisition strategy after reaching an agreement with Sifnos…
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Europe
Patitsas’s dry bulk return stymied
Leon Patitsas’s return to dry bulk lasted just four days. The boss of Atlas Maritime was linked to fixing the…
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Europe
Bids for Thessaloniki port deemed too low
Greece’s Hellenic Republic Asset Development Fund has asked the three parties who bidded for the nation’s second largest port, Thessaloniki,…
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Europe
Leon Patitsas makes bulk carrier return
Aframax specialist Leon Patitsas’s Atlas Maritime appears to have diversified its fleet and snapped up its first bulker in many…
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Europe
DryShips shares smashed by investors on news of another reverse stock split
Shares in George Economou’s Nasdaq-listed DryShips were given a hammering by investors on Friday after the company announced a 1-4 reverse…
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Europe
Navios Maritime Partners acquires panamax bulker pair
Navios Maritime Partners has announced that it has agreed to acquire two 75,000dwt panamax vessels for $27m in total. The…
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Europe
Seanergy acquires secondhand capesize
Greek dry bulk owner Seanergy Maritime Holdings has entered into an agreement to acquire a 2012-built capesize vessel. The 179,213…
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Europe
Tsakos’s latest product buy illustrates declining asset prices in the sector
Tsakos Group’s acquisition of the product tanker illustrates well the declining asset value in the sector. The Greek owner is…
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Europe
DryShips seals new Kalani deal, moves to acquire six more vessels
George Economou’s DryShips has gone back to its favourite source of finance, the little-known Kalani Investments, who have agreed to…
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