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Poten raises the question of accuracy in calculating tanker freight rates

As the tanker market has grown in complexity over the course of the past few years, the question of whether the traditional methods of assessing rates is still valid. In a recent report, Poten & Partners noted that "the market landscape for crude oil and refined product trades has an inherent element of shifting sand, presenting an organization like the Baltic Exchange

Diana Shipping Upgraded by Morgan Stanley to “Overweight”

Diana Shipping (NYSE:DSX) was upgraded by Morgan Stanley to an “overweight” rating in a research

First essDOCS liner eB/L surrendered in China

The final stages of the Singapore to China shipment of containerised chemicals saw China CITIC transfer title of the original ocean electronic

Malta and Greece share common perspectives

As EU's leading maritime nations Greece and Malta share common perspectives on shipping and will build further collaboration, the Greek Minister of Shipping,

Dynagas LNG Partners L.P. Reports Results for the Fourth Quarter and Year Ended December 31, 2013

Dynagas LNG Partners LP, an owner and operator of LNG carriers, announced results (unaudited)

Dry bulk market shows signs of life

The dry bulk market has slowly started to emerge from the downfall it's been since the start of the year, as rates have began to pick up over the course of the past week, albeit at a rather slow pace. The Baltic Dry Index (BDI) ended yesterday slightly higher at 1,164 points, up by four points on the days, mainly as a result of the rise of the Supramax market, as all other segments

STEALTHGAS INC. Reports Fourth Quarter and Twelve Months 2013 Financial and Operating Results

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

Navios Maritime Acquisition Announces Completion of Follow-On Offering Including Exercise of Underwriters' Option

Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, announced today

Seanergy Maritime Holdings Corp. Reports Financial Results for the 3rd Quarter and 9 Months Ended Sept 30, 2013

Seanergy Maritime Holdings Corp. announced today its financial results for the third quarter

Diana Shipping Inc. Announces Delivery of the Newly Built Ice Class Panamax Dry Bulk Carrier m/v Crystalia

Diana Shipping Inc., a global shipping company specializing in the ownership of dry bulk

Genco Taps Blackstone as Lenders Waive Default on Missed Payment

Genco Shipping & Trading Ltd. (GNK) hired Blackstone Advisory Partners LP to explore a debt

International honor for HELMEPA

The Hellenic Marine Environment Protection Association (HELMEPA) is delighted to announce that the Association has been nominated to receive the prestigious

Tanker market recent upswing seen as temporary, despite an increase in ton-mile demand

The major news for tanker owners over the past few months has been the unexpected increase in oil demand, as a result of heavier than usual winter weather, as has been noted in most the Northern Hemisphere (US in particular has been heavily hit by adverse weather conditions), as well as China. This led to a strong climb in demand in order for refineries to increase their much

RINA Hellenic Technical Committee focuses on Route Specific Class Notations, Energy Efficiency and Crew Training

RINA’s first Hellenic Technical Committee meeting for 2014 organized by RINA Hellas on Wednesday

Genco Shipping & Trading LTD reports Results of Operations and Financial Condition

On February 18, 2014, Genco Shipping & Trading Limited and the other parties under that certain Loan Agreement, dated

Seanergy Maritime Holdings Corp. Announces Agreement With Its Final Lender to Complete Its Restructuring Plan

Seanergy Maritime Holdings Corp. announced today that it has entered into a delivery

Navios Maritime Holdings Inc. Reports Financial Results for the Fourth Quarter and Year Ended December 31, 2013

Navios Maritime Holdings Inc., a global, vertically integrated seaborne shipping and logistics

Ship owners invest $1.8 billion in newbuildings over past week

If the first couple months of 2014 are any indication of the course of things over the whole year, it appears that we're gearing up towards the best 12 months since the eruption of the 2008 financial crisis, in terms of newbuilding ordering activity, as well as second hand vessel sales. If the past couple of years saw increased activity, versus the 2009-2011 period, 2014

Dryships Inc. Reports Financial and Operating Results for the Fourth Quarter 2013

DryShips Inc. (NASDAQ: DRYS), or DryShips or the Company, an international provider of marine
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