Sunday, August 19, 2018

Seanergy Maritime Gains USD 11.4 Million from Vessel Refinancing

Seanergy Maritime Holdings Corp. has refinanced a credit facility for one of its Capesize bulkers via a new senior loan. According to the company, a...

Euroseas and Poseiden in Merger Talks

Euroseas and Poseidon are in talks about a possible merger. If the deal goes through, it would result in a US-listed fleet of more than...

COSCO Shipyards Bags Order for upto 10 New Ships

COSCO Shipyard Group, part of COSCO Shipping International (Singapore), has won contracts for up to ten new ships (if all options are exercised) through...

Anangel Shipping Services Adds 4 Newcastlemaxes

John Angelicoussis on behalf of his company, Anangel Shipping Services, has acquired approximately USD 560 million worth of VLCC newbuilds in 2017. Shanghai Waigaoqiao Shipbuilding...

Navios Maritime Partners Adds 3 Vessels to Fleet

Navios Maritime Partners has added three dry bulk vessels to its fleet. They are Navios Symphony, Navios Aster and Christine B. Navios Symphony was built in China...

Scorpio Bulkers Acquires 6 Golden Ocean Ultramaxes

Scorpio Bulkers, after scaling back its fleet for the past 2 years, has decided to buy 6 Golden Ocean ultramaxes. Golden Ocean Group Limited (GOGL)...

Songa Bulk Sells Supramax, Acquires Capesize

Songa Bulk reported a profit of USD 2 million subsequent to the sale of its supramax bulker Songa Marlin. The vessel, built in 2009 was...

For Purchase of New Vessels Songa Bulk ASA Considers Tap Issue

Songa Bulk ASA is considering a tap issue after which it will direct the net proceeds to acquire more dry bulk vessels. The Norway-based shipping...

Tanker and Bulk Carrier Collide Near Netherlands

On September 20, a bulk carrier and tanker collided near Netherlands. The bulk carrier, Usolie, and tanker, Seatrout, were sailing in the same direction. The...

The Maritime Sector’s Impact on Climate Change

Climate change is an all pervasive phenomenon that has gotten scientists and experts from all over the world worried. The dramatic changes that have...