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Dry Cargo
Another all-time low for the Baltic Dry Index
London: The Baltic Dry Index today reached 553 points, which is the second time in three days that the index…
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Europe
Navios Acquisition cancels two MR2 tanker newbuildings
Athens: Navios Maritime Acquisition Corporation has terminated contracts for two newbuilding MR2 product tankers. The contracts were terminated “with no…
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Europe
Greek ministries disagree over ports privatisation
Athens: The new Greek government has been sending mixed signals over what is to happen to the Piraeus and Thessaloniki…
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Europe
Prime Marine sells LR1 tankers to Hafnia
Athens: Greece’s Prime Marine Management has sold four modern LR1 products tankers to Danish owner Hafnia Tankers for an undisclosed…
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Dry Cargo
Major owners form Capesize pool
Athens: Major vessel operators Bocimar International, C Transport Maritime, Golden Union Shipping, Golden Ocean and Star Bulk Carriers have formed…
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Europe
Lloyd Fonds to become a Hamburg-listed shipowner
Hamburg: Lloyd Fonds AG, an experienced fund arranger in Germany, is to be converted into the holding company of a…
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Europe
Greece’s ports policy will be cleaned up
Athens: Increasing business transparency and creating job opportunities will be central to the new Greek government’s ports policy, Thodoris Dritsas,…
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Europe
Greek shipping minister promises jobs to Greek seafarers
Athens: Thodoris Dritsas, deputy minister of economy, infrastructure, marine and tourism, has outlined his vision for the Greek shipping industry…
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Dry Cargo
Baltic Dry Index reaches historic low
London: The Baltic Dry Index (BDI) today reached 559 points, its lowest level on record, and analysts say the index…
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Dry Cargo
BlueMountain Capital buys up Scorpio Bulkers shares
Monaco: BlueMountain Capital has bought even more shares in Scorpio Bulkers, increasing its stake to 12.1m shares, a US SEC…
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Europe
Piraeus and Thessaloniki ports still up for privatisation
Athens: The new Greek government does not intend to cancel its privatisation of Piraeus and Thessaloniki ports, an unnamed government…
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Europe
Scorpio Bulkers switches Cape newbuildings to LR1 tankers
Monaco: Scorpio Bulkers is to change its contracts for three new Capesize vessels to three LR1 product tankers instead. The…
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Europe
Greek VLCC attacked off Nigeria, one killed
Athens: The deputy captain of a Greek-owned VLCC was killed by gunmen, who boarded the vessel while it was waiting…
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Europe
Second LR2 products carrier delivered to Scorpio Tankers
New York: NYSE-listed Scorpio Tankers has taken delivery of STI Alexis, an 110,000-dwt LR2 product tanker, from South Korea’s Daehan…
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Dry Cargo
Clearlake extends timecharters of Diana Shipping bulkers
Athens: Gunvor’s subsidiary Clearlake Shipping (Singapore) has extended the timecharters of two dry bulk carriers chartered from Greece’s Diana Shipping…
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Europe
BMZ Group buys more secondhand products tankers
Istanbul: Turkey’s BMZ Group is planning to spend around $180m on up to 10 products tankers. BMZ has just paid…
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Dry Cargo
Star Bulk demolishes another Panamax
Athens: Star Bulk has sold a bulker, Star Tatianna (69,600 dwt, built 1993) for demolition. The Panamax vessel should be…
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Europe
Clarksons completes RS Platou buyout
London: London-based shipbroker Clarksons has today completed its acquisition of Norwegian broking house RS Platou. Former Platou executives Peter M…
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