Nasdaq
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Dry Cargo
Star Bulk linked to capesize sale
NYSE-listed Star Bulk has sold another capesize bulk carrier for $23m to an unnamed Greek buyer, according to brokers’ reports.…
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Dry Cargo
Star Bulk confirms sale of capesize newbuilding
Star Bulk has confirmed the sale of a capesize bulk carrier being built in Japan for $37m, but did not…
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Dry Cargo
Eagle Bulk holds off its lenders after missed repayment
Eagle Bulk Shipping has signed a forbearance and standstill agreement with its lenders that will hold off any action after…
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Americas
Ultrapetrol’s loan negotiations continue after deadline, share price takes a hit
Ultrapetrol’s 30-day grace period following a missed interest payment has ended, and the NASDAQ-listed company is seeking an extra two…
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Dry Cargo
Paragon sells panamax bulk carrier to repay loan
NASDAQ-listed Paragon Shipping has sold its panamax bulker for $3.5m in cash to an unnamed buyer. The net proceeds from…
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Americas
Seanergy effects 1-for-5 reverse stock split
Seanergy Maritime’s common stock begin trading on a 1-for-5 reverse stock split-adjusted basis on the NASDAQ Capital Market when trading…
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Europe
Golar LNG buys back shares from total return swap scheme
Golar LNG has bought back 500,000 shares from its total return swap (TRS) agreement, reducing its holding under the programme…
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Containers
Euroseas confirms demolitions, delivery delays and refinancing
NASDAQ-listed Euroseas has sold two of its vessels for demolition, says it has delayed delivery of its remaining bulker newbuildings…
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Europe
Golar LNG Partners authorises $25m share buyback programme
The board of NASDAQ-listed Golar LNG Partners has authorised a repurchase programme in which the partnership may spend up to…
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Dry Cargo
Star Bulk linked to sale of three capesize bulk carriers
Brokers report that Star Bulk has sold three bulk carriers this week for around $110.5m altogether. The NASDAQ-listed shipowner is…
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Americas
Ultrapetrol skips $16.5m in interest payments while it renegotiates loans
Ultrapetrol says it has decided not to make a payment of $16.5m due today in interest on various loan agreements…
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Dry Cargo
DryShips agrees to convert $10m loan to equity, plans reverse stock split
DryShips is to receive a $10m cash injection from a company controlled by its chairman and CEO, George Economou, and…
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Americas
Sino-Global cancels acquisition of tanker, now has zero vessels
NASDAQ-listed Sino-Global Shipping America has cancelled its acquisition of a small chemical tanker in order to reevaluate its business strategy.…
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Dry Cargo
Paragon sells three bulkers to pay off loan
Paragon Shipping has sold two panamax bulk carriers and one supramax to an unidentified buyer in order to pay off…
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Containers
Euroseas stacks shelf for securities sale that could raise up to $400m
NASDAQ-listed Euroseas has filed a prospectus with the US SEC, which will allow the Athens-based shipowner to potentially sell up…
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Dry Cargo
Paragon Shipping names new CFO
Nikolas Arachovas has joined NASDAQ-listed Paragon Shipping as its new chief financial officer (CFO) with immediate effect. Arachovas was previously…
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Containers
Euroseas confirms demolition of elderly handysize boxship
NASDAQ-listed Euroseas today confirmed it has sold its 23-year-old boxship (1,599 teu, built 1993) for demolition. Earlier this week, brokers…
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Dry Cargo
Star Bulk delays four bulker newbuildings
Star Bulk has agreed with its shipbuilders to delay delivery of four of its 19 newbuildings until 2016. The four…
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Americas
Eagle Bulk starts making operational changes to ‘redefine’ itself
Eagle Bulk is taking a more hands-on approach to operating its fleet of bulk carriers by taking technical management in-house for…
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Dry Cargo
DryShips sells supramax pair, the first in its fleet sell-off
DryShips has sold its first vessels since announcing plans to sell 22 bulk carriers, comprising 20 panamaxes and two supramaxes.…
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