LASKARIDIS REEFER HIJACKED OFF BENIN, THREE HOSTAGES TAKEN
A Greek reefer has been hijacked off Benin and three hostages taken. The Laskaridis Group has confirmed the 335,938cuft Saronic Breeze was seized with 20 crew on board, November 27.
DRYSHIPS 'NO LONGER IN DANGER' AS ECONOMOU TAKES 90% OF DEBT
DryShips founder George Economou has taken over more than 90% of the Nasdaq-listed company’s debt becoming lender of record for its $85.1m syndicated loan facility arranged by HSH Nordbank.
GREEKS TURN TO PRIVATE EQUITY TO RAISE $115M
With bank finance becoming ever harder to get, a number of listed Greek-controlled companies have recently revealed plans to raise funds privately, whether they be under real pressure or not.
RATES, EXPENSES, DEBT REPAYMENT TAKE TOLL ON STEALTHGAS
Lower day rates, higher expenses, debt repayment and extended idle time due to seasonal factors, have taken a toll on StealthGas’ third quarter profitability.
SEAFARERS 48-HOUR STRIKE IN PROTEST OF POSSIBLE 45% TAX RATE
Greek seafarers will be on a 48-hour strike from Dec 2 to Dec 4 in protest of the pending abolition of their long standing tax status and changes to labour, insurance, pension rights and retirement ages .
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