PATIENT DIANA SET TO AGAIN EXPAND ITS BULK CARRIER FLEET
Diana is raising $70m in new equity to fund three purchases in the second-hand bulker market, rising to $80.5m if underwriters exercise an over-allotment option. Palios, entities to invest $20m in offering.
NAVIOS PARTNERS SNAPS UP RICKMARS BOXSHIPS FOR $113M
NYSE-listed MLP spin-off Navios Maritime Partners has snapped up the fleet of 14 traditional panamax container ships owned by bankrupt Rickmers Maritime for $113m.
POULSSON: SHIPPING IN MUCH BETTER PLACE THAN 12 MONTHS AGO
Shipping industry, in particular dry bulk and container sectors, has seen a marked improvement over the last 12 months and "there is a lot of optimism at the moment", according to ICS chairman Poulsson.
ERMA FIRST SUBMITS FINAL US CG TYPE APPROVAL APPLICATION
Greek engineering firm Erma First, having completed 30-months of testing, has submitted an application to the US Coast Guard to approve its BWTS the sixth firm to take the step.
CELESTYAL OPENS GREEK CRUISE DESTINATIONS TO CHINESE
First Celestyal Cruises ship carrying a large group of Chinese passengers will set sail from Piraeus, April 21, signaling the opening of this huge market for Greek destinations.
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