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First Financing Arrangement of its kind between a Greece-Based Shipping Company and Japanese Governmental Financial Institutions Athens, Greece – May 31, 2011 -- Safe Bulkers, Inc. (the “Company”) (NYSE: SB), an international provider of marine drybulk transportation services, announced today tha...
Announcement No. 8 2011: Sale and leaseback agreement for one product tanker
News Release Jun 1, 2011TORM has entered into a sale and leaseback agreement for the product tanker TORM Margrethe. The vessel has been sold for a total consideration of USD 46 million. The transaction will be treated as a sale with an accounting profit of USD 8 million. The sale will be effected in the second quarter o...
Post-quake Update on Support for Victims of the Great East Japan Earthquake
News Release Jun 1, 2011– MOL Extends Period to Transport Aid Supplies from Overseas – ROTTERDAM, 1 June 2011 – Mitsui O.S.K. Lines, Ltd. (MOL; President: Koichi Muto) today announced its decision to extend the period it will transport aid supplies from overseas until the end of August. MOL will assist the victims of th...
DUBLIN, IRELAND, June 1, 2011 -- TBS International plc (NASDAQ: TBSI) announced today that it has taken delivery of the newly-constructed vessel M/V Maya Princess from China Communications Construction Company Ltd./ Nantong Yahua Shipbuilding Group Co., Ltd. The M/V Maya Princes is the sixth and...
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Webinar: Dry Bulk Shipping CEO Discussion on BRIC Economies & Impact on Shipping
News Release May 20, 2011Dry Bulk Sector Trends & Emerging BRIC Economies Brazil, Russia, India and China and their impact on Dry Bulk Shipping Presented by TUESDAY, JUNE 7, 2011 11:00 AM EDT (4:00 PM LONDON) (5:00 PM PARIS) (6:00 PM ATHENS) DURATION: 45 MINUTES FOLLOWED ...
EVERGREEN GROUP PLACES ORDERS WITH CHINA SHIPBUILDING FOR TEN ENVIRONMENTALLY ADVANCED 8000-TEU VESSELS
News Release May 20, 2011First order with Taiwan-based shipyard since 1997 Taipei, Taiwan (May 20, 2011)-- The Evergreen Group has ordered and signed a contract with China Shipbuilding Corp. (CSBC) today for ten 8,000-TEU container vessels. The contract, signed by Bronson Hsieh, Evergreen Vice Group Chairman, an...
IMSN to Offer Complimentary Anti-Piracy Training Course to Seafarers In Honor of National Maritime Day
News Release May 20, 2011Free online course to the first 25 mariners who enroll; Reduced rates for training courses Wellsburg, WV (May 20, 2011) - Reflecting the gratitude that Americans have for its maritime industry and seafarers who held a significant role in the country's history, the International Maritime Sec...
MOL Table Top Drill Tests Response to Possible Bulk Carrier Collision, Flooding, Oil Spill
News Release May 20, 2011ROTTERDAM, 20 May 2011 – Mitsui O.S.K. Lines, Ltd. (MOL, President: Koichi Muto) today announced the completion of a table top drill based on the scenario of the MOL-owned and operated bulk carrier Mona Linden being involved in a collision that resulted in flooding and oil spill off Takamatsu, Inlan...
05/19/11 Maroussi, Athens, Greece - May 19, 2011 - Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today its results for the three month period ended March 31,...
Earnings Release: Thursday, May 26, 2011, After Market Close Conference Call and Webcast: Friday, May 27, 2011, at 10:00am EDT May 19, 2011 – Athens, Greece – Paragon Shipping Inc. (NYSE: PRGN), a global shipping transportation company specializing in drybulk cargoes, announced today that it will...
ATHENS, GREECE – May 19, 2011 - DryShips Inc. (NASDAQ: DRYS) (the “Company” or “DryShips”), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced today that Ocean Rig UDW Inc., its majority owned subsidiary, h...
ATHENS, GREECE – May 19, 2011 - DryShips Inc. (NASDAQ: DRYS) (the “Company” or “DryShips”), a global provider of marine transportation services for drybulk and petroleum cargoes and off-shore contract drilling oil services, announced today that Ocean Rig UDW Inc., its majority owned subsidiary, h...
ATHENS, Greece, May 19, 2011 – Box Ships Inc., (NYSE: TEU), or the Company, a global shipping company specializing in the transportation of containers, announced today that it has taken delivery of the MSC Siena, a 4,546 TEU container vessel built in 2006, from an unaffiliated third party and the ...
Seanergy Maritime Holdings Corp. Reports Financial Results for the First Quarter Ended March 31, 2011
News Release May 19, 2011SEANERGY MARITIME HOLDINGS CORP. REPORTS FINANCIAL RESULTS FOR THE FIRST QUARTER ENDED MARCH 31, 2011 May 19, 2011 - Athens, Greece - Seanergy Maritime Holdings Corp. (the “Company”) (NASDAQ: SHIP; SHIP.W) announced today its operating results for the first quarter ended March 31, 2011. Financi...
Interim report Q1 2011 Announcement no. 7 / 19 May 2011 Interim report Q1 2011 Page 1 of 19 “We have generally experienced a stronger market during the past couple of months, while product tanker rates were low in the beginning of the first quarter,” says CEO Jacob Meldgaard. As expected, TORM rec...
PIRAEUS, GREECE - May 18, 2011 - Navios Maritime Partners L.P. ("Navios Partners") (NYSE: NMM), an owner and operator of dry cargo vessels, announced today that it has agreed to purchase from Navios Maritime Holdings Inc. ("Navios Holdings") (NYSE:NM) the Navios Orbiter, a 2004-built Panamax vessel ...
AXI (Algae-X International) proudly announces the launch of a newly developed website poised to deliver rich content and information on their line of fuel optimization and fuel conditioning systems. The development of the new AXI website is a direct result of a new marketing initiative engaging ...
May 18, 2011 ATHENS, Greece, OceanFreight Inc. (NASDAQ:OCNF), a global provider of seaborne transportation services, today announced that it will release its results for the first quarter ended March 31, 2011 after the close of the market in New York on Thursday, May 26, 2011. On Friday, May 27, ...
Athens, Greece, May 18, 2011 - Globus Maritime Limited (the “Company”), (NASDAQ: GLBS), a dry bulk shipping company, reported today that it has filed a registration statement on Form F-1 (the “Registration Statement”) with the U.S. Securities and Exchange Commission (“SEC”) relating to a proposed...