Greece
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Americas
Capital Maritime increases stake in Capital Product Partners
Capital Maritime & Trading has bought 459,799 common units in Capital Product Partners LP, and has entered into a trading…
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Dry Cargo
Hellenic Carriers scraps bulker to save on repair costs
Hellenic Carriers has sold its panamax bulk carrier(74,000 dwt, built 1997) to scrap buyers for $2.88m, which the company said…
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Americas
KKR strikes deal to take on Greek loans
Private equity has made a very big splash in Greece just ahead of Posidonia. KKR & Co from the US…
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Europe
Super-Eco Tankers in for product pair
Greece’s Super-Eco Tankers has placed an order for two firm 40,000 dwt IMO-II product tankers at South Korea’s Hyundai Mipo…
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Americas
NewLead accused of contempt of court, ‘missing’ emails still missing
NewLead Holdings and its CEO Michael Zolotas have been accused of contempt of court and spoliation of evidence by TransAsia…
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Contributions
Gas debate in Piraeus
Nick Brown from Lloyd’s Register reports from his company’s first Gas Shipping Forum in Greece, held yesterday. Gas shipping –…
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Dry Cargo
Diana panamax finally secures financing, commences charter
The last of three panamax bulk carriers acquired by Diana Shipping has secured financing and was delivered to its new…
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Dry Cargo
Investigation confirms DryShips bulker involved in fishing vessel collision
Ningbo Maritime Safety Administration has announced that the Malta-flagged bulk carrier , owned by Greece’s DryShips, has been confirmed to…
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Europe
Port strikes in Greece extended again
Ongoing strikes at ports in Greece have been extended for a second time by a further 24 hours, and will…
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Europe
Stealthgas gets $140m financing for newbuildings
NASDAQ-listed Stealthgas has received commitments from unnamed lenders for two senior secured credit facilities worth a combined $140m, which will be…
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Dry Cargo
DryShips bulker detained in Ningbo after collision with fishing boat
A DryShips bulker has been detained along with 20 crew at Ningbo Port for investigations after it allegedly collided with…
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Dry Cargo
Arrested vessel is at the centre of a bunker spat
A bulk carrier arrested in Venice this week is at the centre of a dispute over an unpaid bunker bill…
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Europe
Another 48-hour strike begins at Greek ports
Strikes have commenced at major commercial ports in Greece, which will stop work for up to 48 hours. The Seamen’s Union…
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Dry Cargo
Paragon comes out fighting, sues TradeWinds for defamation
Paragon Shipping has delayed delivery of three bulk carrier newbuildings and is still suffering from poor liquidity – but one…
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Dry Cargo
DryShips on the brink as creditors circle
DryShips has admitted some its debts have been declared in default and has hinted it might struggle to keep operating…
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Europe
Credit Suisse topples RBS in Greece
Credit Suisse has elbowed Royal Bank of Scotland out the way into top place for Greek ship finance, according to…
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Europe
Optimum Ship Services: Greek manager confident Piraeus has strong future
Piraeus : Optimum Ship Services of Piraeus, Greece was created in September 2014, owned by the powerful Monaco-based Scorpio Group,…
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Americas
Navios could sue Vale over scrapped terminal deal
Navios Maritime Holdings has revealed Brazilian miner Vale has ditched plans to use an iron ore terminal under construction in…
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Europe
Aegean Shipping in for up to eight aframaxes
Cosco (Zhoushan) Shipyard has won an order for up to eight aframax tankers – including four options – from Greece’s…
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Dry Cargo
Diana Shipping in breach of BNP Paribas loan
Diana Shipping has received notification from lender BNP Paribas that it is in breach of its $165m loan agreement signed on…
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