Costamare reports first quarter results above analysts' expectations
Costamare reported unaudited financial results for the first quarter ended March 31, 2019.
SHI Clinches Order for Asian FPSO Unit
Samsung Heavy Industries (SHI) has received an order for the construction of a floating production, storage and offloading (FPSO) unit.
Global Ship Orders Fall to Lowest Level in 15 Years
Ship orders world-wide have shrunk to the lowest level in 15 years as vessel owners struggle with excess capacity that has kept freight rates well below break-even levels.
Top Stories
October 8, 2014
Danaos Announces Reverse Stock Split
Danaos Corporation announced that its board of directors has determined to effect a one-for-fourteen (1-for-14)…
October 8, 2014
U.S. to end all waivers on imports of
The United States on Monday demanded that all buyers of Iranian oil stop purchases by…
October 8, 2014
North Carolina Ports Makes History, Welcomes First 12,000
North Carolina Ports made history Monday by welcoming its first-ever 12,000 TEU vessel to the…
October 8, 2014
Congo Republic Ships First Iron Ore from Upgraded
Congo Republic shipped its first iron ore exports on Friday from a rehabilitated deep-water port…
October 8, 2014
Bangladesh’s Second LNG Storage/Regasification Ship Is Delivered
Bangladesh’s second liquefied natural gas (LNG) storage and regasification vessel has moored off the country’s…
October 8, 2014
Japan boosts spot VLCC charters as US crude
Japanese refiners have stepped up chartering VLCCs in the spot market amid growing imports of…
Editor’s Picks
April 23, 2019
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Danaos Announces Reverse Stock Split
Danaos Corporation announced that its board of directors has determined…
April 23, 2019
Costamare reports first quarter results above analysts' expectations
Costamare reported unaudited financial results for the first quarter ended…
April 18, 2019
Navios Acquisition Announces $103.2 million Sale & Leaseback Transaction
Navios Maritime Acquisition Corporation, an owner and operator of tanker…
April 16, 2019
Diana Shipping Commences Self Tender Offer to Purchase up to 3,125,000 Shares
Diana Shipping announced the commencement of a tender offer to…
Finance & Economy
October 8, 2014
Danaos Announces Reverse Stock Split
Danaos Corporation announced that its board of directors has determined to effect a one-for-fourteen (1-for-14)…
October 8, 2014
Costamare reports first quarter results above analysts' expectations
Costamare reported unaudited financial results for the first quarter ended March 31, 2019. Adjusted Net…
October 8, 2014
Damen suffers 2018 loss
Damen Shipyards Group posted a net loss of EUR 17 million (USD 19.1 million) in…
October 8, 2014
d’Amico Gets USD 48 Million from Equity Issue
d’Amico International Shipping (DIS) revealed that around 97.3 percent of its preferential subscription rights were…
October 8, 2014
Diana Shipping Commences Self Tender Offer to Purchase
Diana Shipping announced the commencement of a tender offer to purchase up to 3,125,000 shares,…
Shipping News
October 8, 2014
Japan boosts spot VLCC charters as US crude
Japanese refiners have stepped up chartering VLCCs in the spot market amid growing imports of…
October 8, 2014
Capesize rates seen falling more on Vale dam
The Capesize market looks to be weak again in Q2 as the Vale dam accident…
October 8, 2014
Multi-Purpose and Heavy Lift Sectors Face Headwinds on
The multipurpose vessel (MPV) and heavylift shipping sector is set for 3.8% growth this year,…
October 8, 2014
ABS Teams with Industry Leaders to Improve Container
ABS and leaders representing the Cargo Incident Notification System (CINS) are teaming up to develop…
October 8, 2014
New orders by Greeks ease in Q1
Greek owners placed 2.24 billion USD worth of new orders in the first quarter of…
Ports
October 8, 2014
North Carolina Ports Makes History, Welcomes First 12,000
North Carolina Ports made history Monday by welcoming its first-ever 12,000 TEU vessel to the…
October 8, 2014
Congo Republic Ships First Iron Ore from Upgraded
Congo Republic shipped its first iron ore exports on Friday from a rehabilitated deep-water port…
October 8, 2014
Port of Rotterdam Volumes Keep Rising in 1Q
The Port of Rotterdam handled 5.1 percent more cargo during the first quarter of 2019,…
October 8, 2014
Piraeus port lifts economic gloom, shines into future
As Greece exited its eight-year bailout last summer, the Piraeus port shined with rising throughput…
October 8, 2014
Port of Piraeus climbs to 32nd place globally
The port of Piraeus moved up six positions on the global list for 2018 in…
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