Greece
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Middle East
ONEX takes Great White aframax for $13m
A 1999-built aframax belonging to Prime Marine has finally been sold after months in the shop window. The coated 104,000…
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Europe
Tsakos Energy Navigation sends newbuild aframax out on charter
Greek owner Tsakos Energy Navigation (TEN) is sending newbuild aframax crude carrier Thomas Zafiras into a long term charter contract…
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Europe
George Economou’s Ocean Rig contemplating bankruptcy
Offshore driller Ocean Rig is considering a reorganisation under bankruptcy its chairman and CEO George Economou has revealed in the…
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Containers
Euroseas greenlights share offering, buys small boxship
Euroseas’ board has authorised an at-the-market (ATM) offering of up to 15% or around 1.22m of its 8.1m outstanding shares,…
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Asia
Navios Partners sells boxship, renegotiates HMM charters
Navios Partners has agreed to sell its containership (13,102 dwt, built 2011) to an unnamed third party for a net…
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Europe
Cosco takes control at Piraeus Port
China Cosco Shipping Corporation has completed the acquisition of a 51 percent stake in the Piraeus Port, the largest port…
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Europe
Alafouzos probed by Greek financial crime prosecutor
Greek businessman and shipowner Giannis Alafouzos has had his assets frozen by the Greek financial crime prosecutor, which is investigating…
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Dry Cargo
NewLead bulker sold at auction
NewLead Holdings’ disputed bulk carrier has been sold at action in the US for $7.4m to Singapore’s MT Maritime Management.…
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Europe
Winson takes second V-Max from Gener8 Maritime
Winson Shipping is doubling its VLCC fleet size, adding its second ship in less than a month brokers tell Splash.…
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Asia
Glencore Grain takes Diana panamax on period contract
Diana Shipping has fixed its panamax Ismene (77,901 dwt, built 2013) to Glencore Grain for 10 to 13 months, commencing…
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Dry Cargo
Seanergy to make $4.5m from share sale
Greece’s Seanergy Maritime Holdings Corp on Friday revealed it has entered into a securities purchase agreement with one institutional investor,…
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Dry Cargo
Euroseas switches Yangzijiang order to an option, cancels Dayang newbuilding
Greek owner Euroseas has signed an addendum to its shipbuilding contract with China’s Yangzijiang Shipbuilding for the construction of a…
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Europe
Top Ships secures financing for product tanker
Greek tanker operator Top Ships has entered into a senior secured facility with a major northern European bank for the…
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Americas
Safe Bulkers rearranges finance for kamsarmax newbuilding
Safe Bulkers has novated the shipbuilding contract for a kamsarmax newbuilding to another of its wholly owned subsidiaries in order…
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Asia
Eurotankers linked with MOL VLCC buy
Eurotankers has paid Mitsui OSK Lines (MOL) $28.3m for a 13-year-old VLCC, brokers report. The Greek outfit has taken the…
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Europe
Heroin-smuggling shipowner and agent sentenced to life in prison
A former shipowner and a shipping agent found guilty of smuggling over two tons of heroin into Greece onboard the …
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Americas
DryShips to reverse split its stock after Nasdaq warning, CFO resigns
DryShips has decided to undertake a four-for-one reverse split of its shares after receiving a written notification from the Nasdaq…
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Dry Cargo
Golden Union paying $32.5m for brand new cape
Brokers are linking Greece’s Golden Union with a $32.5m raid for a brand new 180,000 Chinese-built capesize. Golden Union is…
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Europe
Capital Product Partners fixes two tankers to its sponsor
Capital Product Partners (CPP) has fixed two tankers to its sponsor company Capital Maritime & Trading Corp. The LR3 tanker Miltiadis M…
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Europe
Super Eco Tankers: New investments and partnerships
Super Eco Tankers Management is one very few Greek shipping firms to still be ordering new tonnage. It chose to…
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