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Diana Shipping Inc. Announces Offering of Preferred Shares

10/02/2014
Diana Shipping Inc. today announced that it intends to offer shares of its newly designated Series B Cumulative Redeemable Perpetual

Tsakos Energy Navigation Announces Time Charter Extension for Handysize Tanker

10/02/2014
Tsakos Energy Navigation Ltd., a leading crude, product and LNG tanker operator, today announced the time

Annual growth of VLCC tanker fleet could be negative over the next few years claims shipbroker

10/02/2014
A total of 52 VLCCs were ordered in shipyards last year, the highest number since 2010, a trend which has "spilled over" into 2014, with already 6 new VLCC orders placed during the month of January. According to the latest weekly report from London-based shipbroker Gibson, "about half of this investment in VLCCs is coming from the Asian shipowners to secure tonnage

Cyprus Shipping Chamber: International shipping companies remain in Cyprus

10/02/2014
Despite the setbacks of the decisions of Eurogroup international shipping companies continue to support the

US oil boom to limit imports, impact crude tanker market

08/02/2014
The surge of US oil production is rapidly shaking up the global crude oil market, with the world's leader of oil demand gradually managing to cover its own needs, without the need of imports. This shift is having a profound impact on crude oil tanker demand, changing the landscape as we know it. In a recent report, Poten & Partners noted that "over the past few years US domestic

Diana Containerships Inc. Announces the Sale of a Panamax Container Vessel, the m/v APL Sardonyx

08/02/2014
Diana Containerships Inc., a global shipping company specializing in the ownership of containerships, Friday

Hellas: Ship owners cry "foul" over new taxes

07/02/2014
Ship owners voiced their dismay at the recent tax law, adopted late in December of 2013, under which the tax tonnage they're liable to pay will be tripled for the next three years, as a result of the country's economic problems. In his annual speech, delivered on the occasion of the General Meeting, the President of the Union of Greek Shipowners (UGS), Mr. Theodoros Veniamis said that

Dry bulk market on "reverse" mode due to Chinese Holidays

07/02/2014
The dry bulk market has kept its uninspiring mood throughout yet another week, with the Baltic Dry Index (BDI) hovering slightly above the 1,000-point mark, where it stood for most of 2013, erasing in effect the fourth quarter rise of the previous year. Yesterday, the BDI ended slightly higher at 1,092 points, up by six points, the first upward session in days. The slight uptick was

Navios Maritime Acquisition Corporation Announces Employment for Three VLCCs

06/02/2014
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced that the Nave

Diana Shipping’s current expansion plans: Is it the right time?

06/02/2014
Diana Shipping announced that it expects to receive the delivery of two newbuild Ice Class Panamax dry bulk vessels during the first

What the Results From Navios Maritime Partners L.P. Reveal for Dry Shipping

06/02/2014
Angeliki Frangou, CEO of Navios Maritime Partners', said recently that "[for] almost five years our industry

UANI Calls on Victor Restis, EST, and George Sarris to Account for the Iranian Activities of the Bergen Max Cargo Carrie

06/02/2014
United Against Nuclear Iran (UANI) called on Greek businessman Victor Restis, Enterprises

Navios Maritime Acquisition Corporation Announces Delivery of One VLCC and Sale of One VLCC

06/02/2014
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced

Ship owners should be cautious when putting down deposits for ship purchases as new court decisions alter landscape

06/02/2014
In an already hectic legislative framework regarding the operation of a shipping company, new court decisions as of late, have seemingly altered the way of doing business, when it comes to buying and selling vessels. According to the latest weekly report from shipbroker Intermodal, two recently decided cases, "The Union Power" and "The Griffon", should become aware to

Genco Shipping & Trading Limited Receives “Outperform” Rating

06/02/2014
Zacks upgraded Genco Shipping & Trading Limited (NYSE:GNK) shares from a “neutral” to an “outperform”

Bigger and better business opportunities for 150 delegates from over 30 countries at this year’s INTERCEM Shipping Forum

05/02/2014
Following the resounding success of previous meetings in Hamburg and Barcelona, the INTERCEM Shipping

Newbuilding orders on a high prior to Chinese New Year

05/02/2014
Newbuilding orders have been on a high since the start of the New Year and with the Chinese New Year celebrations now upon us, many ship owners moved forward with plans to contract new orders in Chinese yards. As a result, the total ordering activity was up by 74% over the same week of last year, according to figures compiled by shipbroker Golden Destiny,

Ship purchasing market rather active despite Chinese holidays

04/02/2014
Despite the fact that the New Year celebrations in China has slowed down the freight markets, not to mention that Chinese ship owners are absent from the market, the ship purchasing activity over the past few days, can only be described as byuoant. It's a rather remarkable feat, given that the dry bulk market is on steady path of declines since the start of the year

STEALTHGAS INC. Announces New Vessel Acquisitions, Financing Arrangements and New Employment for Its Vessels

04/02/2014
STEALTHGAS INC. (GASS), a ship-owning company primarily serving the liquefied petroleum

Goldenport Announces Final Results for the Year Ended 31 December 2013

04/02/2014
Goldenport Holdings Inc., the international shipping company that owns and operates a fleet of container and
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