Greece
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Europe
Kassian Maritime acquires resale bulker from Jinhai Heavy Industry
Greek owner Kassian Maritime has acquired an 82,000dwt bulk carrier from HNA-affiliated yard Jinhai Heavy Industry. The purchase price for…
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Europe
DryShips shares sink on concerns over new gas deals
Shares in George Economou’s DryShips continue to set new 52-week lows as investors desert the company in big numbers on the…
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Europe
Empire Bulkers pays $8m for panamax
One of 2016’s busiest bulk sellers has sold a ship to one of the year’s busier buyers. Empire Bulkers of…
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Europe
Pleiades Shipping takes two at Hyundai Mipo
After a dreadful 2016 South Korean yards have won more orders in the first 10 days of 2017 than it…
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Europe
Busy Andromeda seals suezmax deal
Broker sources say Monaco’s Andromeda Shipping has bought the 150,900 dwt, NKK-built for $12m from Greek owner Kyklades. The price…
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Greater China
Two bulkers collide off Shanghai
Two capesize bulk carriers and Spartacus collided in the East China Sea near Shanghai this morning. Spartacus suffered minor damage…
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Europe
DryShips takes option on first of four VLGCs
George Economou’s DryShips has made good on its plans to move into gas shipping, exercising an option for one of…
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Europe
Franco Naviera snaps up bargain Japanese handymax
Greek owner Franco Naviera has picked up a bargain Japanese 2008-built handymax bulker for just $10.1m, at least $2m cheaper…
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Dry Cargo
DryShips eyes George Economou’s gas ships
George Economou’s DryShips has entered into a “zero cost” option agreement with TMS Cardiff Gas, also controlled by Economou, for…
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Europe
DryShips poised for acquisitions
George Economou’s DryShips has closed a previously announced $200m refinancing deal with Sifnos Shareholders, an entity controlled by Economou, and…
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Asia
Evalend secures Hanjin tanker quartet
In a busy final few days of the year Kriton Lentoudis’s Evalend Shipping has finally nailed down the sale of…
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Europe
DryShips gets $200m boost
Fresh from a $200m refinacing deal provided by George Economou, DryShips has sealed an agreement with Kalani Investments whereby it…
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Europe
Euroseas scraps bulker
Greek owner Euroseas is scrapping 1997-built dry bulk carrier , the oldest dry bulk vessel in its fleet. Euroseas says…
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Europe
Vessel grounds off Greek island, debris and oil reported
Authorities are working to contain significant pollution around the Greek island of Andros after a 5,553 dwt general cargo ship,…
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Europe
Economou bolsters Danaos stake
George Economou continues to build his stock base in fellow Greek outfit Danaos Corporation. On Friday it was revealed Economou…
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Asia
OceanGold bags bargain Japanese MR tanker
Japan’s Masumoto Shipping has sold a pump room type MR tanker called to OceanGold of Greece for a price Clarkson…
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Americas
Arbitration panel backs Navios in Vale terminal contract spat
Navios Maritime Holdings has received a favourable ruling in a London arbitration with Vale after the Brazilian miner ditched plans…
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Europe
Diana Shipping gets Dayang kamsarmax refund
Greek dry bulk owner Diana Shipping has received refunds of around $9.4m from the cancellation of a kamsarmax shipbuilding contract…
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Europe
Euroseas settles yard dispute, receives 38% discount on latest ultramax
Euroseas has fixed a dispute with an Asian shipyard and will now receive an ultramax bulker next year at a…
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Europe
Diana Shipping seals new charters and newbuild price cut
Diana Shipping says it has negotiated amendments to contracts with China Shipbuilding Trading Company and Jiangnan Shipyard to reduce the…
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