Hyundai Heavy Industries plans 2021 IPO
Hyundai Heavy Industries Group has decided to push for an initial public offering of its unlisted affiliate Hyundai Heavy Industries Co. within 2021.
Lenders take control of Polarcus assets after default
Lenders took control of Polarcus’s ships on Tuesday after the seismic surveyor defaulted on its bank loans and bonds, hit by a drop in spending by energy companies struggling with the COVID-19 pandemic and volatile oil prices.
Diamond Offshore Announces Comprehensive Restructuring Plan
Diamond Offshore Drilling, Inc. announced that it has entered into a plan support agreement with holders of over 70% of each of its senior unsecured notes and revolving credit facility loans regarding a financial restructuring transaction that will significantly deleverage the Company's balance sheet and position the Company for future growth.
Top Stories
October 8, 2014
U.S. Tries to Seize Oil Shipment It Says
The U.S. is trying to seize around 2 million barrels of what it thinks is…
October 8, 2014
Frozen Fish Pileup in China Ripples Across Global
A huge pile up of fish cargoes at a Chinese port risks impacting shipments of…
October 8, 2014
Seanergy Joins Neptune Declaration
Seanergy Maritime Holdings Corp. announced that it has joined the “Neptune Declaration on Seafarer Wellbeing…
October 8, 2014
Kawasaki Heavy aims to replicate LNG supply chain
Japan’s Kawasaki Heavy Industries is aiming to replicate its success as a major liquefied natural…
October 8, 2014
Baltic Index Slides On Seasonal Drop In Chinese
The Baltic Exchange’s main sea freight index on Tuesday dropped for a third straight session…
October 8, 2014
After the party, the hangover is proving drawn
Tanker shipping was in many ways the odd one out of the shipping sectors in…
Editor’s Picks
January 22, 2021
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Diana Shipping Announces Time Charter Contract for m/v Calipso
Diana Shipping, a global shipping company specializing in the ownership…
January 21, 2021
Navios Logistics Announces Submission of Confidential Draft Registration Statement
Navios Logistics announced it has confidentially submitted a draft Registration…
January 19, 2021
Avin International orders ammonia-ready suezmax
Avin International LTD has ordered a Suezmax tanker from the…
January 14, 2021
Globus Maritime seals new supramax charter
Globus Maritime Limited, a dry bulk shipping company, announced that…
Finance & Economy
October 8, 2014
Hyundai Heavy Industries plans 2021 IPO
Hyundai Heavy Industries Group has decided to push for an initial public offering of its…
October 8, 2014
Lenders take control of Polarcus assets after default
Lenders took control of Polarcus’s ships on Tuesday after the seismic surveyor defaulted on its…
October 8, 2014
Diamond Offshore Announces Comprehensive Restructuring Plan
Diamond Offshore Drilling, Inc. announced that it has entered into a plan support agreement with…
October 8, 2014
Castor Maritime Announces $15.3 Million Debt Financing
Castor Maritime Inc., a global shipping company specializing in the ownership of dry bulk vessels,…
October 8, 2014
Global Ship Lease: Closing of Full Redemption of
Global Ship Lease announced that it has closed on its previously announced full redemption of…
Shipping News
October 8, 2014
U.S. Tries to Seize Oil Shipment It Says
The U.S. is trying to seize around 2 million barrels of what it thinks is…
October 8, 2014
Frozen Fish Pileup in China Ripples Across Global
A huge pile up of fish cargoes at a Chinese port risks impacting shipments of…
October 8, 2014
Seanergy Joins Neptune Declaration
Seanergy Maritime Holdings Corp. announced that it has joined the “Neptune Declaration on Seafarer Wellbeing…
October 8, 2014
Baltic Index Slides On Seasonal Drop In Chinese
The Baltic Exchange’s main sea freight index on Tuesday dropped for a third straight session…
October 8, 2014
Azamara acquires the Pacific Princess
The Pacific Princess ship will join Azamara’s fleet as the line’s fourth ship, and the…
Ports
October 8, 2014
Port of Antwerp: Record container throughput limits losses
The total throughput of Port of Antwerp in 2020 amounted to 231 million metric tonnes…
October 8, 2014
Large Fire at Port of Cork Brought Under
Firefighters have brought a large fire at the southern Irish port of Cork under control…
October 8, 2014
APM Terminals sets all-time volume records in Denmark
Despite headwinds from the COVID-19 pandemic and disruptions to global supply chains, APM Terminals secured…
October 8, 2014
Rotterdam: Arrangements for moderate increase in port tariffs
The three-year arrangement on port tariff increases that exists between the Port of Rotterdam Authority…
October 8, 2014
Iraq signs $2.6 billion deal with Daewoo to
Iraq agreed to a $2.625 billion deal with South Korea’s Daewoo Engineering & Construction on…
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