Hyundai Heavy-Daewoo Shipbuilding to Double Combined Orderbook for LNG Ships
The proposed merger between Hyundai Heavy Industries (HHI) Co. and Daewoo Shipbuilding and Marine Engineering (DSME) Co. is expected to double the value of their outstanding orders for LNG ships to over US$12 billion, industry data showed on Tuesday.
Golden Ocean: Strong Cash Flow Despite Softening Capesize Market
Golden Ocean Group Limited, a leading dry bulk shipping company, announced its results for the quarter ended December 31, 2018.
Navios Maritime Holdings Extends Time Period Under Exchange Offer and Waives Minimum Condition
Navios Maritime Holdings Inc. announced that, in connection with its exchange offer and consent solicitation to exchange cash and/or newly issued 9.75% Senior Notes due 2024 for approximately 66 2/3% of each of the outstanding American Depositary Shares
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October 8, 2014
Safe Bulkers remains in the black for fourth
Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results…
October 8, 2014
EuroDry sees profit drop
EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk…
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Danaos falls into the red on impairment
Danaos, one of the world’s largest independent owners of containerships, reported unaudited results for the…
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DP World acquires P&O Ferries
DP World PLC has acquired the holding company of pan-European logistics business P&O Ferries, the…
October 8, 2014
Greece: Draft bill allowing for concessions of port
A draft bill will be tabled in Parliament on Thursday to allow the privatization of…
October 8, 2014
"DSME takeover is not done deal", experts say
In late January, Hyundai Heavy Industries (HHI) signed a preliminary deal to acquire its rival…
Editor’s Picks
February 20, 2019
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Safe Bulkers remains in the black for fourth quarter
Safe Bulkers, an international provider of marine drybulk transportation services,…
February 20, 2019
EuroDry sees profit drop
EuroDry, an owner and operator of drybulk vessels and provider…
February 20, 2019
Danaos falls into the red on impairment
Danaos, one of the world's largest independent owners of containerships,…
February 20, 2019
Navios Maritime Holdings Extends Time Period Under Exchange Offer and Waives Minimum Condition
Navios Maritime Holdings Inc. announced that, in connection with its…
Finance & Economy
October 8, 2014
Safe Bulkers remains in the black for fourth
Safe Bulkers, an international provider of marine drybulk transportation services, announced its unaudited financial results…
October 8, 2014
EuroDry sees profit drop
EuroDry, an owner and operator of drybulk vessels and provider of seaborne transportation for drybulk…
October 8, 2014
Danaos falls into the red on impairment
Danaos, one of the world’s largest independent owners of containerships, reported unaudited results for the…
October 8, 2014
Golden Ocean: Strong Cash Flow Despite Softening Capesize
Golden Ocean Group Limited, a leading dry bulk shipping company, announced its results for the…
October 8, 2014
Navios Maritime Holdings Extends Time Period Under Exchange
Navios Maritime Holdings Inc. announced that, in connection with its exchange offer and consent solicitation…
Shipping News
October 8, 2014
Stena Buys Japanese Ferry for RoPAX Rebuild
Stena RoRo has acquired a used ferry from Hankyu Ferry for the European market. The…
October 8, 2014
Suez Canal Extends Discounts for Bulk Carriers
The Suez Canal Authority (SCA) has extended discounts concerning dry bulk vessels operating between American…
October 8, 2014
Police Hit Drug Smuggling Gang on High Seas
Authorities seized more than three tonnes of cocaine and arrested 11 people off Portugal’s Atlantic…
October 8, 2014
Cyprus: Number of companies operating in shipping sector
Cyprus has witnessed a significant 21% increase in the number of companies operating in the…
October 8, 2014
China’s Cold Becomes Shipping’s Flu; Slower Demand Hits
Just as trucking spot rates are hitting two-year lows, ocean shippers are seeing rates hit…
Ports
October 8, 2014
DP World acquires P&O Ferries
DP World PLC has acquired the holding company of pan-European logistics business P&O Ferries, the…
October 8, 2014
Greece: Draft bill allowing for concessions of port
A draft bill will be tabled in Parliament on Thursday to allow the privatization of…
October 8, 2014
Port of Hamburg sets record for seaport-hinterland rail
Germany’s largest universal port can report a respectable result for 2018. Hamburg successfully asserted itself…
October 8, 2014
Russian Container Port Market Recovering, But Growth Slows
Latest container throughput results of Fitch-rated Russian ports indicate that the recovery of the Russian…
October 8, 2014
Port of Rotterdam: Container growth pushes throughput to
At 469.0 million tonnes, the port of Rotterdam’s total throughput volume ended up slightly higher…
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