Greece
-
Europe
Costamare gets new $87m loan and reschedules repayments
Costamare has secured new financing and re-arranged some of its existing loan agreements to reduce its balloon payments due in 2018…
Read More » -
Europe
Hajioannou takes on Safe Bulkers newbuilds
Greek drybulk specialist Safe Bulkers has done a deal with entities owned by chairman and CEO Polys Hajioannou to novate…
Read More » -
Europe
Diana Shipping newcastlemax pair delayed
Greek dry bulk specialist Diana Shipping has said that it has agreed some amendments to shipbuilding contracts which delays the…
Read More » -
Europe
Seanergy confirms acquisition of capesize pair
Greece’s Seanergy Maritime Holdings has confirmed the purchase of two secondhand 180,000dwt capesizes for a price of $20.75m each. Earlier…
Read More » -
Europe
FreeSeas offloads handysize vessel
Greek owner FreeSeas has sold 1998-built handysize bulker to unrelated third parties for a price of $1.925m. The vessel’s mortgage…
Read More » -
Asia
Samsung Heavy and GasLog close to sealing LNG orders
Samsung Heavy Industries (SHI) is being widely tipped to have just about clinched its first order of the year. Monaco-based…
Read More » -
Europe
Pappas takes cheap product tanker
Petros Pappas-controlled Product Shipping & Trading has snapped up a cheap MR product tanker, according to broker reports. The Greek…
Read More » -
Europe
Greece hit by more port strikes
A two-day strike at Greek ports will end tomorrow morning at 0.600 hrs. The strike has brought all ships to…
Read More » -
Europe
DryShips sells bulker to Economou
Greek owner DryShips has announced that it has sold the 2002-built panamax drybulk carrier MV . The vessel, along with…
Read More » -
Americas
Aegean Marine renews $1.25bn in financing
Aegean Marine Petroleum Network has renewed $1.25bn in financing from its lenders, which will be used for working capital. The…
Read More » -
Europe
Navios Acquisition lends $70m to Navios Maritime
Navios Maritime Acquisition has provided a $70m secured loan to its sister company Navios Maritime Holdings, which will be used…
Read More » -
Europe
Navios revisits controversial loan
A controversial loan between Navios sister companies that brought a lawsuit and was eventually scrapped in April has been resuscitated…
Read More » -
Europe
Chinese ship repair facility to be established in Piraeus
Piraeus is set to have a new, large ship repair base, with local reports in Greece suggesting China Cosco Shipping,…
Read More » -
Asia
Angelicoussis cape fixed on timecharter as spot rates climb
Angelicoussis-led Anangel Maritime has fixed one of its capesize bulk carriers on a four- to eight-month timecharter while rates in…
Read More » -
Europe
Livanos in tanker newbuild spree
Greece’s Livanos Group is swooping for a series of tanker newbuilds in South Korea and Japan. The company, via subsidiary…
Read More » -
Asia
Are we entering peak bankruptcy season?
Are we entering peak bankruptcy time now for shipping? I’d argue that the coming six to 12 months will see…
Read More » -
Americas
Star Bulk aims to raise $51.5m in share offering
Star Bulk has priced its latest share offering, in which it aims to raise up to $51.5m for “general corporate…
Read More » -
Europe
Star Bulk fixes financial position
Star Bulk has moved to fix its financial position. The New York-listed outfit has managed to put $224m of loans…
Read More » -
Dry Cargo
DryShips swaps debt for shares, offloads panamax bulker
George Economou’s DryShips has eached an agreement with Sifnos Shareholders, a company controlled by Economou, to convert $8.75m outstanding under…
Read More » -
Europe
Diana Containerships won’t buy new vessels or pay dividends for two years
Diana Containerships has amended its $148m loan agreement with The Royal Bank of Scotland (RBS), which will block the boxship…
Read More »