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Genco Shipping & Trading Limited Announces First Quarter 2013 Financial Results

02/05/2013
Genco Shipping & Trading Limited yesterday reported its financial results for the three months ended March 31, 2013. The following financial review discusses the results for the three months ended March 31, 2013 and March 31, 2012.
First Quarter 2013 and Year-to-Date Highlights
•    Recorded net loss attributable to Genco for the first quarter

Baltic Trading Limited Announces First Quarter Financial Results

02/05/2013
Baltic Trading Limited yesterday reported its financial results for the three months ended March 31, 2013.
The following financial review discusses the results for the three months ended March 31, 2013 and March 31, 2012.
First Quarter 2013 and Year-to-Date Highlights
•    Declared a $0.01 per share dividend payable on or about May

StealthGas Inc. Announces Closing of Its Public Offering of Common Stock

01/05/2013
StealthGas Inc. announced yesterday the closing of its previously announced public offering of 10,000,000

12th Maritime Conference “NAVIGATOR 2013”

01/05/2013
Navigator Shipping Consultants Ltd. proudly announces the organisation of the 12th Maritime Conference “NAVIGATOR 2013”.

Smaller ship sizes and MR product tankers are ship owners' newbuilding focus

01/05/2013
The latest trend observed during the past week in terms of newbuilding ordering activity appears to be the shipowners' focus towards smaller sizes in dry and containers and further orders in the MR sector. According to the latest report from shipbroker Clarkson Hellas, "Handysize ordering activity has been relatively subdued so far 

Capital Product Partners L.P. Announces First Quarter 2013 Financial Results

01/05/2013
Capital Product Partners L.P., an international owner of modern tanker, dry bulk and container vessels yesterday released its financial results for the first quarter ended March 31, 2013.
The Partnership's net income for the quarter ended March 31, 2013, was $25.0 million, including a $17.5 million gain from bargain purchase,

Recent Meetings Held by the Marshall Islands Registry

01/05/2013
More than 190 delegates from the greater Piraeus shipping community joined representatives of the Republic of the Marshall Islands (RMI) Registry for a seminar to hear and discuss further guidance on the provisions of the Maritime Labour Convention, 2006 (MLC, 2006), Ballast Water Management requirements of the International Maritime

Greeks Bet Ship Rout Ending With Most Orders Since 2008

01/05/2013
Greek shipping companies, the owners of one in six merchant vessels, are ordering the most new iron-ore carriers since 2008,

Danaos Corporation Reports First Quarter Results for the Period Ended March 31, 2013

30/04/2013
Danaos Corporation, a leading international owner of containerships, yesterday reported unaudited results for the quarter ended March 31, 2013. Highlights for the First Quarter Ended March 31, 2013:
•    Operating revenues of $146.1 million for the three months ended March 31, 2013 compared to $134.2

Globus Maritime Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2012

30/04/2013
Globus Maritime Limited, a dry bulk shipping company, yesterday reported its unaudited

Tsakos Energy Navigation Limited Announces Public Offering

30/04/2013
Tsakos Energy Navigation Limited, a leading product, crude and LNG tanker operator, yesterday announced that it plans to offer its

Ship Collision Off Greece Kills Two Sailors: Coastguard

30/04/2013
Two Syrian sailors were killed and another eight are still missing after a cargo ship collided with a container vessel early on Monday

Maritime Labour Convention 2006 explained at busy WISTA meeting in Limassol

30/04/2013
The Maritime Labour Convention (MLC 2006) regulates the rights of 1,2 million seafarers worldwide and on the

Cyprus Shipping Council aims at steady course through stormy waters

29/04/2013
The Cyprus Shipping Chamber (CSC) remains confident that Cyprus shipping will sail through the stormy waters with steady course, the CSC

European refineries' doldrums could spell even better days for product tankers

28/04/2013
In an interesting note regarding the changing market dynamics of the clean fuels' trade, Poten & Partners recently said that while clean tanker activity into Europe has seen a recent increase due to short-term refined product dynamics, this trend is poised to persist more generally over the long-term as well.

Erma First participates in “Sea Asia 2013” international fair

28/04/2013
ERMA FIRST ESK Engineering Solutions S.A. participated in the major international exhibition “Sea Asia2013”, which took place in early April,

Tsakos Energy Announces Delivery of Second DP2 Shuttle Product Tanker

28/04/2013
Tsakos Energy Navigation Limited, a leading product, crude and LNG tanker operator Friday announced the

Tanker market predictions border on the verge of impossible

26/04/2013
The constantly shifting patterns of tanker trade makes it nearly impossible for anyone to safely make any kind of prediction about the future course of the tanker market claimed the latest weekly analysis from shipbroker Intermodal. Still, according to the report, during the past year, there have been a few developments that help draw a more clear picture of what lies ahead for certain parts

Paragon Shipping Inc. Reports First Quarter 2013 Results

26/04/2013
Paragon Shipping Inc., a global shipping transportation company specializing in drybulk cargoes, announced yesterday its results for the three months ended March 31, 2013.
Management Commentary:
Commenting on the results, Michael Bodouroglou, Chairman and Chief Executive Officer of Paragon Shipping, stated, "Year to date,

Box Ships Inc. Reports Quarter Ended March 31, 2013 Results

26/04/2013
Box Ships Inc., a global shipping company specializing in the seaborne transportation of containers, announced yesterday its results
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