Greece
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Europe
Piraeus port privatisation delayed
The sale of a 51% stake in Piraeus Port Authority to private investors has been delayed by around 20 days,…
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Europe
TMS Cardiff Gas orders first LPG carriers
TMS Cardiff Gas has entered the LPG market by ordering two 78,700-cbm LPG carriers from Hyundai Heavy Industries for $76m…
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Europe
Eletson orders three LR2 product tankers
Eletson Corp has ordered three LR2 product tankers from China’s Shanghai Waigaoqiao Shipbuilding shipyard, plus an option for another. The…
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Europe
Revenues from shipping in Greece fell 60% in July
Inflows of foreign currency into Greece fell by 60% during July, the first full month in which capital controls were…
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Containers
Box Ships and Bodouroglou to buy back shares
NYSE-listed Box Ships said that it will commence a twelve-month share repurchase program for up to 10% of the company’s…
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Dry Cargo
NewLead announces failed coal mine deal ahead of CEO’s deposition
NewLead Holdings says it failed to complete the acquisition of a coal mine in Kentucky during 2013. The statement comes…
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Americas
USCG detains Greek bulk carrier for fire-safety flaws
Greek bulk carrier Rena (81,700 dwt, built 2010), owned and operated by Trojan Maritime, has been detained at the port…
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Europe
Investment in seafarers will drive economic growth says Greek shipping minister
Strengthening the expertise of seafarers and the Greek shipping industry as a whole will aid economic growth in Greece, Theodoros…
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Containers
Danaos buys three boxships through new joint venture
Danaos has capitalised “on depressed asset prices in the resale market” by buying three post-panamax containerships through a new Caymans-registered…
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Dry Cargo
Sea Traders buys eight bulkers in Lan Hai bank sale
Greece’s Sea Traders has spent over RMB 535m ($84m) on three kamsarmaxes and five supramaxes formerly owned by Guangdong Lanhai…
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Dry Cargo
Star Bulk offloads supramax
Nasdaq-listed Star Bulk Carriers announced on Friday the sale of supramax ship Maiden Voyage (58,772 dwt, built 2012) to an…
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Dry Cargo
Metrostar buys tanker and bulker from Seaarland
Metrostar Management Corp has a deal on subjects to buy a panamax bulker and an aframax tanker from Netherlands-based Seaarland…
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Containers
Diana Containerships gets $148m loan, extends panamax timecharter
Diana Containerships has secured a new six-year loan from the Royal Bank of Scotland (RBS) for $148m, and has extended…
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Europe
NewLead fixes bitumen tanker on timecharter
NewLead Holdings has fixed one of its bitumen tankers to an undisclosed counterparty on a six-month timecharter with extension options.…
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Europe
Evaland expands into LPG
Evalend Shipping is expanding into a new sector, following other Greeks of late into LPG. With Hyundai Mipo Dockyard in…
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Europe
Capital Product Partners has first refusal on more MR tanker newbuildings
Capital Product Partners (CPP) has been granted the right of first refusal on a pair of MR product tanker newbuildings…
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Europe
Maran Tankers orders two more VLCCs
John Angelicoussis’ Maran Tankers has returned to South Korean shipbuilder Daewoo Shipbuilding & Marine Engineering (DSME) to order two further…
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Dry Cargo
DryShips to sell 17 vessels at a $795m loss, stock plummets
DryShips is to sell 17 of its bulkers at an impairment loss of some $795m to other entities controlled by…
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Europe
Navios Maritime Acquisition VLCC gets two-year timecharter
Navios Maritime Acquisition has fixed one of its six VLCCs to Shell on a two-year timecharter. The Nave Neutrino (298,300…
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Asia
Hong Kong sends another delegation to Greece to tempt shipowners East
A delegation from Hong Kong plans to visit Greece in October to encourage owners and shipping companies to make a…
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