The manager of an oil tanker being probed by Brazilian authorities in connection with an oil spill off the country’s coast has found “no proof” of the vessel conducting activities that may have led to leaks on a journey between Venezuela and Malaysia. In a statement sent to Reuters on Saturday, Delta Tankers Ltd, who manages the Greek-flagged Bouboulina ship, said a full search of the material from the cameras and sensors that all their vessels carry revealed no evidence of the tanker “having stopped, conducted any kind of ship-to-ship ...

DryShips Inc., a diversified owner and operator of ocean going cargo vessels, and through the acquisition of Heidmar Inc. (“Heidmar”), a global tanker pool operator, announced its unaudited financial and operating results for the quarter ended June 30, 2019. Second Quarter 2019 Financial Highlights For the second quarter of 2019, the Company reported net loss of $12.7 million, or $0.15 basic and diluted losses per share. Included in the second quarter of 2019 results are the following: Vessel dry-docking costs of $5.7 million, or $0.07 per share Vessel impairments of ...

GasLog Ltd. yesterday announces that one of its subsidiaries has signed a 10-year time charter with Sinolam LNG Terminal, S.A. for the provision of a liquefied natural gas (“LNG”) floating storage unit (“FSU”) to a gas-fired power project being developed in Panama. The time charter is expected to be fulfilled through the conversion of the GasLog Singapore, a 155,000 cubic meter, tri-fuel diesel electric (“TFDE”) LNG carrier built in 2010. The required modifications are such that, as well as being FSU ready, the vessel will still be able to trade ...

TEN, Ltd. announced an up to 36-month charter to a major European oil concern, for a suezmax tanker currently operating in the spot market on a minimum rate with profit sharing provisions to capture any freight upticks during the life of the contract. The gross revenues expected over the maximum period of this employment are estimated to be in the region of $23.0 million. “Whilst strategically positioning the fleet for profitable operations, safety at sea remains TEN’s top priority. We would like to congratulate the Captain and crew of our ...

Box Ships Inc. is an Athens, Greece-based international shipping company specializing in the transportation of containers. The Company’s current fleet consists of nine containerships with a total carrying capacity of 43,925 TEU and a TEU weighted average age of 10.9 years. The Company’s common shares and Series C Preferred Shares are quoted on the OTCQX and Other OTC markets, respectively, under the symbols “TEUFF” and “TEUCF”, respectively.

Capital Product Partners L.P. (NASDAQ: CPLP), a Marshall Islands master limited partnership, is an international owner of modern tanker, container and drybulk vessels. The Partnership currently owns 35 vessels, including twenty modern MR (Medium Range) product tankers, four Suezmax crude oil tankers, ten Post Panamax container vessels and one Capesize bulk carrier. All of its vessels are under period charters to BP Shipping Limited, Cargill International S.A., CMA-CGM S.A., Cosco Bulk Carrier Co. Ltd., CSSA S.A. (Total S.A.), Flota Petrolera Ecuatoriana (“Flopec”), Hyundai Merchant Marine Co. Ltd., Overseas Shipholding Group ...

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 ...

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.”

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 ...

Dorian LPG is a liquefied petroleum gas shipping company and a leading owner and operator of modern VLGCs. Dorian LPG currently owns and operates 22 modern VLGCs. Dorian LPG has offices in Connecticut, USA, London, United Kingdom and Athens, Greece.

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.”

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.

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 ...

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 ...

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 ...