Greece
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Americas
Bank waives Paragon Shipping’s debt
Paragon Shipping has entered into an agreement with Unicredit Bank, the last of its credit lenders, which will discharge the…
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Americas
Diana Containerships fixes post-panamax to SeaGo Line
Diana Containerships has fixed its post-panamax boxship March (5,576 teu, built 2004) to SeaGo Line for seven to 12 months.…
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Dry Cargo
Tianjin Dongjiang Shippping linked to vintage Sea Justice panamax
Vintage specialist Tianjin Dongjiang Shippping is linked with another elderly workworse, sources tell Splash. The Chinese outfit is linked to…
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Americas
TEN fixes new VLCC on long-term timecharter
Tsakos Energy Navigation (TEN) has fixed its brand-new VLCC Ulysses (300,000 dwt) on a 40-month contract to an unnamed Far…
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Dry Cargo
Ceres sells a brand-new capesize
Ceres Shipping has sold another of its brand-new bulk carriers, this time a capesize delivered from Japan’s Imabari shipyard in…
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Contributions
The last word on Posidonia 2016
The editor has been hassling me for my impressions on last week’s Posidonia so here goes. The most important, which…
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Americas
Posidonia 2016: A herd of elephants in the room
Just keep smiling for the cameras – that’s what I took away when I attended my first-ever Posidonia in Athens…
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Americas
Vulture firms circle DryShips, Wilbur Ross ‘likely’ to invest more in shipping
An unnamed US institutional investor is poised to acquire a “pretty big” position in DryShips as its debt management becomes…
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Dry Cargo
Transgrain takes Diana Shipping panamax on time charter
Greek drybulk outfit Diana Shipping has fixed 2004-built panamax bulker to Transgrain Shipping for a period of ten to thirteen…
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Europe
Record Posidonia defies the markets
Shipping and offshore might be going through a severe downturn, but there was no denying the fact this week that…
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Europe
Greek owners urge EC to review tonnage tax stance
The European Commissioner for Transport, Violeta Bulc, visited Posidonia in Athens on the show’s final day, where she was hit…
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Europe
Striking port workers hold rally in front of Athens Stock Exchange
Striking port workers today protested in front of the Athens Stock Exchange where a meeting was taking place to rubber…
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Europe
CSSC seals first FSRU deals at Posidonia
Brokers in Shanghai inform Splash that Hudong-Zhonghua Shipbuilding, part of state-run CSSC, has sealed a landmark order for two FSRUs…
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Asia
Tsakos Energy Navigation in for Sungdong LR1s
Posidonia is finishing with more Greek ship orders. Sungdong Shipbuilding & Marine Engineering, exhibiting at the Greek show, has contracted…
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Dry Cargo
New software estimates almost 40 capesizes are in lay-up
Software under development by MarineTraffic.com estimates that 37 capesize bulk carriers (6.6m dwt in total) are currently laid up around…
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Asia
Angelicoussis pens orders for DSME VLCCs and LNG carriers
Posidonia wouldn’t be Posidonia without a Greek putting pen to paper for a headline grabbing newbuild contract. John Angelicoussis, who…
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Dry Cargo
DryShips raises $5m in equity sale
DryShips has agreed to sell 5,000 of its newly designated series C convertible preferred shares and 148,998 common shares to…
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Asia
Minister invites Korean investment in Greece
Dimitrios Mardas, Greece’s deputy minister of foreign affairs, used today’s Korean-Hellenic Maritime Cooperation Forum to invite Korean investment in his…
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Dry Cargo
DryShips shares fall off a cliff on bankruptcy concerns
Shares of George Economou-led DryShips plunged yesterday after the Nasdaq-listed company revealed it had defaulted on three bank facilities and…
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Europe
Shipowners and brokers go knuckle to knuckle
The role of the shipbroker was hotly contested at today’s TradeWinds Shipowners Forum, most vociferously by Euronav’s CEO Paddy Rodgers,…
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