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.
Hyundai Mipo wins order for petrochemical carrier pair
Hyundai Mipo Dockyard has signed a sales and supply contract for two petrochemical product carriers worth KRW 80 billion ($72.7 million).
Cosco invests in three LNG carriers for Arctic LNG 2
Cosco Shipping Energy Transportation announced the approval of a plan to invest in three LNG carriers for the Arctic LNG 2 project, set for delivery 2023.
Top Stories
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…
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…
October 8, 2014
Joint Study Exploring Potential for Ammonia as a
ABS, Nanyang Technological University (NTU), Singapore, and the Ammonia Safety and Training Institute (ASTI) are…
October 8, 2014
Explainer: Why are pirates attacking ships in the
Pirates are stepping up attacks on ships in West Africa’s Gulf of Guinea, defying regional…
October 8, 2014
Dalian iron ore futures trade range-bound as steel
Benchmark iron ore futures in China were trading in a narrow range on Monday, following…
October 8, 2014
KSOE Extends Deadline for DSME Acquisition to June
Korea Shipbuilding & Offshore Engineering (KSOE), a shipbuilding holding company of Hyundai Heavy Industries Group,…
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
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…
October 8, 2014
Seaspan Announces Pricing of US $200 Million Senior
Seaspan, a wholly owned subsidiary of Atlas Corp., announced that it has successfully priced US…
October 8, 2014
Navios Logistics Announces Submission of Confidential Draft Registration
Navios Logistics announced it has confidentially submitted a draft Registration Statement on Form F-1 to…
Shipping News
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…
October 8, 2014
Joint Study Exploring Potential for Ammonia as a
ABS, Nanyang Technological University (NTU), Singapore, and the Ammonia Safety and Training Institute (ASTI) are…
October 8, 2014
Explainer: Why are pirates attacking ships in the
Pirates are stepping up attacks on ships in West Africa’s Gulf of Guinea, defying regional…
October 8, 2014
Baltic Index Slips As Capesize Rates Weigh
The Baltic Exchange’s main sea freight index, which tracks rates for ships carrying dry bulk…
October 8, 2014
Pierfrancesco Vago of MSC Cruises Named Global Chairman
Pierfrancesco Vago, Executive Chairman of MSC Cruises, has been appointed to a two-year term as…
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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