Greece
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Dry Cargo
Glencore extends another timecharter of Diana Shipping panamax
London: Glencore Grain (Rotterdam) has extended its timecharter of a Diana Shipping-owned panamax for a further 11 to 14 months.…
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Europe
Russia could take stake in Thessaloniki port
London: The Greek prime minister is heading to Moscow to seek financial support from Russia in its planned privatisations of the port…
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Tankers
Two oil/ore carriers sold for conversion to VLCCs
London: Two very large oil/ore (O/O) carriers have been sold en bloc to Greek “clients of Olympic Shipping” for conversion…
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Tankers
Vintage VLCCs are back in fashion
London: This week saw a string of S&P transactions for older VLCC tonnage at favourable prices, at least one of…
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Star Bulk gets $227.5m loan for seven newbuildings, delays new deliveries
London: Star Bulk has secured up to $227.5m in loans from DNB Bank, SEB Bank and the Export-Import Bank of…
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Containers
Diana Containerships adds two Yang Ming chartered panamaxes
Athens: New York-listed Diana Containerships said that yesterday it signed agreements to purchase two panamax 4,920-teu containerships, the YM Los…
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Dry Cargo
Diana Shipping refinances with new Nordea loan facility
Athens: Greek dry bulk operator Diana Shipping has signed a term loan facility this week with Nordea Bank in London.…
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Europe
Tanker runs aground off the coast of Rhodes, Greece
Athens: A small products tanker ran aground off the Greek island of Rhodes and has been refloated, according to reports from…
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Europe
Capital Product Partners cancels “opportunistic” fundraiser
Athens: NASDAQ-listed Capital Product Partners has cancelled plans to refinance its existing debt through the bond market, saying its pursuit…
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Europe
Greek government “radically opposed” to infrastructure privatisation, minister says
Athens: Plans to privatise Greece’s Piraeus and Thessaloniki ports were dealt another blow when a senior cabinet minister said Wednesday…
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Gas
Latsco Shipping leads uptick in LPG newbuildings
London: A number of shipping companies have placed orders for LPG carriers in the past week on the back of…
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Europe
NewLead Holdings secures $10m debenture for fleet expansion
Athens: NewLead Holdings has closed a $10m senior secured debenture from TCA Fund Management, with an initial draw of $4.25m…
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Dry Cargo
Phoenix back for more Qingshan handies
Shanghai: A Greek owner has ordered another four handysize bulk carriers in China. Phoenix Shipping & Trading has opted for…
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Europe
Stena Bulk charters four MRs from Aegean Shipping
Athens: Aegean Shipping Management has fixed four of its MR tankers on a five-year timecharter to Stena Bulk at a…
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Dry Cargo
Eagle Bulk Shipping CEO replaced
Athens: Sophocles N. Zoullas has officially resigned as CEO of Eagle Bulk and has been replaced by Stanley H. Ryan.…
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Europe
ICS warns of migrant “crisis” in the Mediterranean
London: The International Chamber of Shipping (ICS) has warned that EU governments must act now before the lives of thousands…
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Europe
Consolidated Marine Management orders two LPG vessels from HHI
Athens: Greece’s Consolidated Marine Management (CMM) has ordered two 60,000-cbm LPG carriers from Hyundai Heavy Industries (HHI), South Korea. Both vessels…
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Dry Cargo
Captain and officer held after bulker crew death
Athens: The captain and co-captain of the bulker Kosmas V (57,300 dwt, built 2011) have been arrested in Greece after…
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Europe
Capital improves charter rates for suezmax pair
Athens: Capital Product Partners has secured new time charter contracts for a pair suezmax crude oil tankers, Amore Mio II…
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Europe
Capital Product Partners fixes two suezmaxes
Athens: Nasdaq-listed Capital Product Partners (CPP) has fixed two of its suezmax vessels on timecharter at increased day rates. Capital Maritime…
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