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Author Archives: HellenicShippingNews

Costamare Inc.

Costamare Inc. is a leading international owner of containerships. Through its subsidiaries Costamare Inc. (and, unless otherwise indicated or the context requires, its subsidiaries, together with Costamare Inc., “Costamare “) owns a fleet of 71 vessels (the “Costamare fleet “) aggregating approximately 462,000 TEU, including ten newbuild containerships on order. Sixteen of our containerships, including ten newbuilds, have been acquired pursuant to the Framework Agreement with York Capital Management by vessel-owning entities in which we hold up to 49% equity interest. Costamare serves liner companies that demand a high standard ...

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Danaos Corporation

Danaos Corporation is one of the largest independent owners of modern, large-size containerships. Our current fleet of 59 containerships aggregating 353,586 TEUs, including three vessels owned jointly with Gemini Shipholdings Corporation, is predominantly chartered to many of the world’s largest liner companies on fixed-rate, long-term charters. Our long track record of success is predicated on our efficient and rigorous operational standards and environmental controls. Danaos Corporation’s shares trade on the New York Stock Exchange under the symbol “DAC.”

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Diana Shipping Inc.

Diana Shipping Inc. is a global provider of shipping transportation services through its ownership of dry bulk vessels. The Company’s vessels are employed primarily on medium to long-term time charters and transport a range of dry bulk cargoes, including such commodities as iron ore, coal, grain and other materials along worldwide shipping routes. Diana Shipping Inc.’s fleet currently consists of 45 dry bulk vessels (2 Newcastlemax, 14 Capesize, 3 Post-Panamax, 4 Kamsarmax and 22 Panamax). The Company also expects to take delivery of one Panamax dry bulk vessel by the ...

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DryShips Inc.

DryShips Inc. is an owner of drybulk carriers and offshore support vessels that operate worldwide. DryShips also owns approximately 40% of the outstanding shares of Ocean Rig UDW Inc. (NASDAQ:ORIG), an international drilling contractor. DryShips owns a fleet of 23 drybulk carriers, comprising 3 Capesize and 20 Panamax with a combined deadweight tonnage of approximately 2.1 million tons, and 6 offshore supply vessels, comprising 2 platform supply and 4 oil spill recovery vessels. DryShips’ common stock is listed on the NASDAQ Capital Market where it trades under the symbol “DRYS.”

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Dynagas LNG Partners LP.

Dynagas LNG Partners LP. (NYSE: DLNG) is a growth-oriented partnership formed by Dynagas Holding Ltd. to own, and operate liquefied natural gas (LNG) carriers employed on multi-year charters. The current fleet of Dynagas Partners consists of six LNG carriers, with an aggregate carrying capacity of approximately 913,980 cubic meters.

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Piracy; Costs More Than Just a Ransom

“At the moment of the attack there were 78 people onboard and 1 million barrels of crude oil. I cannot imagine what could have happened if we did not surrender to the pirates. Human lives endangered and disastrous pollution; they had over 100kg of C4 explosive in one of the speed boats.” Piracy off the coast of Somalia is big business but the increased production of oil in the Gulf of Guinea has encouraged more acts of piracy in the region during 2011. The role of the seafarer, however, has ...

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Euroseas Ltd.

Euroseas Ltd. was formed on May 5, 2005 under the laws of the Republic of the Marshall Islands to consolidate the ship owning interests of the Pittas family of Athens, Greece, which has been in the shipping business over the past 136 years. Euroseas trades on the Nasdaq Capital Market under the ticker symbol ESEA. Euroseas operates in the dry cargo, drybulk and container shipping markets. Euroseas’ operations are managed by Eurobulk Ltd., an ISO 9001:2008 certified affiliated ship management company, which is responsible for the day-to-day commercial and technical ...

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FreeSeas Inc.

Freeseas Inc. is a premiere, global commercial shipping company transporting iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. The Company’s fleet consists of four Handysize vessels of which two are owned and two are bareboat chartered that carry a variety of drybulk commodities, including iron ore, grain and coal, which are referred to as “major bulks” as well as bauxite, phosphate, fertilizers, steel products, cement, sugar and rice, or “minor bulks”. The aggregate dwt of our operational fleet is 101, 201 dwt and the ...

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GasLog Ltd.

GasLog is an international owner, operator and manager of LNG carriers. GasLog’s fully-owned fleet includes 18 LNG carriers (including 10 ships in operation and 8 LNG carriers on order) and GasLog has four LNG carriers operating under its technical management for third parties. GasLog Partners LP, a master limited partnership formed by GasLog, owns a further eight LNG carriers. The Group’s consolidated fleet consists of twenty seven wholly-owned LNG carriers, including nineteen ships on the water and eight ships to be delivered. Our eight ships on order are scheduled to ...

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Genco Shipping & Trading Limited

Genco Shipping & Trading Limited is an international ship owning company. We transport iron ore, coal, grain, steel products and other drybulk cargoes along worldwide shipping routes. Our wholly owned modern fleet of dry cargo vessels consists of Capesize, Panamax, Ultramax, Supramax, Handymax and Handysize vessels that provide an essential link in international trade. Ours is a global industry and Genco Shipping & Trading Limited is very well placed to serve it professionally and competitively. Our merger with Baltic Trading Limited was completed on July 17, 2015. In accordance with ...

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Globus Maritime

Globus is an integrated dry bulk shipping company that provides marine transportation services worldwide and presently owns, operates and manages a fleet of dry bulk vessels that transport iron ore, coal, grain, steel products, cement, alumina and other dry bulk cargoes internationally. Globus’ subsidiaries own and operate six vessels with a total carrying capacity of 379,958 Dwt and a weighted average age of 7.4 years as of December 31, 2015.

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Goldenport Holdings Inc.

Goldenport is a customer oriented global provider of shipping services that brings added value services to its charterers and provides innovative solutions for cargo movements requirements. The Company operates a well diversified fleet and has been active in acquiring additional tonnage as well as reconfiguring vessels to serve niche trades. Most importantly, as a commitment to its clients Goldenport continuously renews its fleet with the acquisition of younger tonnage. Today the fleet consists of 8 vessels, of which 6 are dry bulk carriers and 2 container vessels.

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Hellenic Carriers Inc.

Hellenic Carriers Limited operates through its subsidiaries a fleet of dry bulk vessels (one Panamax, two Supramax and two Kamsarmax vessels with an aggregate carrying capacity of 340,055 dwt and a weighted average age of 10.4 years) that transport iron ore, coal, grain, steel products, cement, alumina, and other dry bulk cargoes worldwide. Hellenic Carriers is listed on the AIM of the London Stock Exchange under ticker HCL.

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Navios Maritime Acquisition Corporation

Navios Maritime Acquisition Corporation (“Navios Acquisition”) is an owner and operator of tanker vessels focusing in the transportation of petroleum products (clean and dirty) and bulk liquid chemicals. The Company is publicly traded on the New York Stock Exchange under the ticker “NNA”. Navios Acquisition owns a large fleet of 38 modern crude oil, refined petroleum product and chemical tankers providing world-wide marine transportation services. Our strategy is to charter our vessels to international oil companies, refiners and large vessel operators under long, medium and short-term charters. We are committed ...

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Navios Maritime Holdings Inc.

Navios Maritime Holdings Inc. (NYSE:NM) is a global, vertically integrated seaborne shipping and logistics company focused on the transport and transshipment of drybulk commodities including iron ore, coal and grain. Navios operates the largest international fleet of very modern ultra handymax vessels, either owned or under long-term charter. The core fleet consists of a mix of the highest specification owned and six long-term chartered units each with a deadweight of between 50,000 and 55,000 tonnes. Navios Holdings controls a fleet of 63 vessels totaling 6.4 million dwt, of which 40 ...

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