Greece
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Europe
Macoil in for Turkish tanker
Turkey’s Solimar Navigation has sold the , a small, 12-year-old product tanker, to Greece’s Macoil. Brokers indicate a price of…
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Europe
Posidonia out in front as the one must-attend event in the shipping calendar
With five days until voting closes in our latest survey, the organisers of Posidonia, the biennial Greek shipping event, are…
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Europe
Navios Maritime Partners adds another capesize
Navios Maritime Partners has picked up its fifth vessel addition for the year, acquiring a six-year-old South Korean-built capesize for…
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Europe
Olympic Shipping acquires newbuild suezmaxes from Arcadia
Greek owner Olympic Shipping and Management has acquired two newbuild suezmax tankers from compatriot Arcadia Shipmanagement. According to broker sources,…
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Europe
Greek owner stays active in handysize segment
Low profile Tide Line, a pure handy player, is linked to its second ship in the space of two months.…
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Europe
Navios Maritime Partners picks up another capesize
Navios Maritime Partners had added a fourth dry bulk vessel to the fleet this year, acquiring a eight-year-old Japanese-built capesize for…
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Europe
DryShips shares plunge 30% on news of third reverse stock split this year
Shares in George Economou’s DryShips plunged over 30% today after the Nasdaq-listed company announced its third reverse stock split this…
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Europe
Scorpio sells three MRs to Chinese leasing house
Brokers report Scorpio has sold three sister product tankers to a Chinese leasing house. The MRs – STI Le Rocher,…
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Europe
Law firms investigating potential securities fraud at DryShips
George Economou’s DryShips is the focus of an investigation by several US national securities law firms, who are looking into potential…
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Americas
Toisa whacked by the taxman for $304.55m
Just as he thought he might be through the worst of his Chapter 11 purgatory the taxman in the US…
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Europe
Pittas nails tidy $6m profit from handymax flip
Aristides Pittas has proved once again an adept asset player, flipping a handymax for a tidy $6.1m profit. The Euroseas…
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Europe
Diana Shipping gets charter contracts for three bulkers
Diana Shipping has announced new time charter contracts for two capesize vessels and a panamax. 2010-built capesize New York has…
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Europe
DryShips takes another kamsarmax
George Economou’s DryShips has picked up its second kamsarmax in a little over a week, confirming the acquisition of a…
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Europe
Diana Containerships fixes panamax to Hapag-Lloyd
Diana Containerships has entered into a time charter with Hapag-Lloyd for 3,430 teu panamax container vessel . The 2010-built vessel…
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Europe
Navios moves for controlling stake of FSL Trust
Fresh from snapping up the Rickmers Maritime fleet of 13 container vessels via Navios Maritime Partners, Greek owner Navios has…
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Europe
DryShips pays off loan, prepares for further expansion
George Econonou’s DryShips is eying further expansion, clearing the way today by fully repaying its last commercial loan facility to…
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Europe
Eastern Mediterranean acquires resale supramax
Greek owner Eastern Mediterranean Maritime has acquired a resale newbuild supramax bulker from Japan’s Marubeni Corporation. Broker reports show that…
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Dry Cargo
George Economou tied to another United Ocean bulker
Greek magnate George Economou has been linked to a bank driven sale of a kamsarmax, handled by trustees of the…
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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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