NYSE
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Europe
Economou bolsters Danaos stake
George Economou continues to build his stock base in fellow Greek outfit Danaos Corporation. On Friday it was revealed Economou…
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Europe
Frontline cancels four VLCC contracts
Frontline has cancelled four VLCC newbuildings it had on order at South Korea’s STX Offshore & Shipbuilding. The NYSE-listed tanker company…
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Europe
Euronav delays VLCC deliveries
Euronav has delayed delivery of two VLCCs it has on order at Hyundai Heavy Industries (HHI) by around three months until…
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Europe
Genco gains long-awaited $125m equity financing, unlocks $400m loan
After a long wait and an extended deadline, entities representing three of Genco Shipping & Trading’s largest shareholders have entered…
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Europe
Costamare gets new $87m loan and reschedules repayments
Costamare has secured new financing and re-arranged some of its existing loan agreements to reduce its balloon payments due in 2018…
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Europe
Scorpio Bulkers gets newbuilding discount, delays deliveries
Scorpio Bulkers has negotiated a $13m discount on the combined contract price for six China-built newbuildings, which will each be…
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Americas
Aegean Marine renews $1.25bn in financing
Aegean Marine Petroleum Network has renewed $1.25bn in financing from its lenders, which will be used for working capital. The…
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Europe
Navios Acquisition lends $70m to Navios Maritime
Navios Maritime Acquisition has provided a $70m secured loan to its sister company Navios Maritime Holdings, which will be used…
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Europe
Navios Maritime Holdings back in compliance with NYSE continued listing requirement
Navios Maritime Holdings is back in compliance with the New York Stock Exchange continued listing requirement of a minimum average…
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Americas
Petrobras terminates drilling contract with Diamond Offshore
Brazil’s Petrobras has terminated its contract for Diamond Offshore’s semi-submersible drilling rig two years early and the owner says legal…
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Tankers
TEN’s latest tanker starts timecharter
A brand-new product tanker has been delivered to Tsakos Energy Navigation (TEN) from South Korea’s Sungdong shipyard and will immediately…
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Europe
Melissanidis steps down from Aegean Marine Petroleum, gets $100m payout
Dimitris Melissanidis, the founder of Aegean Marine Petroleum Network, has stepped down after 21 years and is to receive a $99.6m payout…
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Americas
Knot Offshore Partners gets $15m loan extension
A new $15m revolving credit facility has been added to KNOT Offshore Partners’ original $240m senior syndicated secured loan facility,…
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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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Americas
CMA CGM extends charters of Global Ship Lease boxships
Two small containerships owned by Global Ship Lease (GSL) have had their charters to CMA CGM extended by up to…
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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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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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Americas
GasLog Partners aims to raise $54m in public offering
GasLog Partners is to sell 2.75m of its common units in a public offering at a price of $19.50 per…
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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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Asia
Diana capesize fixed on period charter
Another day, another capesize period fixture – today, Diana shipping is reported to have fixed one of its capes to…
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