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Tag: Shipping news

PPA: Allocation of premises to the Coast Guard and the Ministry of Shipping

PPA: Allocation of premises to the Coast Guard and the Ministry of Shipping PPA: Allocation of premises to the Coast Guard and the Ministry of Shipping

The Management of the PPA in a special event, which took place at the Cruise Station “Miaoulis”, proceeded to the free concession, to the Coast Guard, of 9 offices and other indoor and outdoor areas, with a total area of ​​1,100 sq.m., in order to cover building needs of the Special Forces (KEA) of the […]

Rally of $ 650 million investment in new ships by the Konstantakopoulos family

Rally of $ 650 million investment in new ships by the Konstantakopoulos family Rally of $ 650 million investment in new ships by the Konstantakopoulos family

By George George Kostis Konstantakopoulos’ Costamare is said to have “locked in” a new deal in the bulk dry cargo transportation market, continuing the investment rally since the beginning of the year. In particular, various freight brokers link Greek interests, without naming a company, with the acquisition of bulk carriers, ultramax type, “Soho Merchant” (built […]

Shipowners protest for € 60 million’s rents due.

Shipowners protest for € 60 million’s rents due. Shipowners protest for € 60 million’s rents due.

A letter to the Secretary General of the Ministry of Shipping and President of the Shipping Council, Evangelos Kyriazopoulos, was sent by the coasters, on the occasion of debts exceeding 60 million euros. The Association of Passenger Shipping Companies declares that its representatives will not participate in today’s meeting of YOU, as a sign of […]

Greek ships are targeted by large charterers

Greek ships are targeted by large charterers Greek ships are targeted by large charterers

By George George The container ships of the Greek shipowners are attractive for purchases and charters, as indicated by three big deals that are said to have closed in the last few days. Initially, shipping broker Braemar Shipbroking said the world’s leading regular airline company, the Danish Maersk, was expected to buy two containerships, with […]

Mega deal $ 411 million for Maran Gas of the Angelikoussi group

Mega deal $ 411 million for Maran Gas of the Angelikoussi group Mega deal $ 411 million for Maran Gas of the Angelikoussi group

By George George A contract for the construction of LNG carrier ships was finally signed by Maran Gas of the Angelikoussi group with a South Korean yard, confirming its strategic expansion in natural gas. In particular, as it became known from the shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME), Maran has ordered two LNG […]

Telis Mystakidis invests in shipping

Telis Mystakidis invests in shipping Telis Mystakidis invests in shipping

Of George Georgiou Shipping portfolio seems to be “built” by billionaire Telis Mystakidis, investing in Union Maritime, a company based in the United Kingdom. Earlier in the year, the shipping company, which has traditionally operated in tankers, decided to open up to the bulk dry cargo market, as fares were at an exceptional level. To […]

Navios – ‘Locks’ five-year charters for containerships on a lucrative course

Navios – ‘Locks’ five-year charters for containerships on a lucrative course Navios – ‘Locks’ five-year charters for containerships on a lucrative course

By George George In the third quarter of this year, Aggeliki Frangou’s Navios Maritime Partners was on a profit trajectory, ensuring, at the same time, advantageous charters in all the sectors in which it operates. It is recalled that with the recent completed merger transactions, Navios Maritime Partners manages 54 bulk carriers, 45 tankers and […]

G. Koustas: Danaos is on an upward trajectory for the next three years

G. Koustas: Danaos is on an upward trajectory for the next three years G. Koustas: Danaos is on an upward trajectory for the next three years

By George George Danaos Corporation announced a record profit for another quarter, in the interests of Giannis Koustas, due to the high fares in the containerships, with the shipowner expressing optimism for “an excellent course of the company in the next three years”. In particular, operating income amounted to $ 195.9 million in the third […]

Spin-off for tankers is founded by StealthGas of Ch. Vafeias

Spin-off for tankers is founded by StealthGas of Ch. Vafeias Spin-off for tankers is founded by StealthGas of Ch. Vafeias

By George George StealthGas, in the interests of Harry Vafeias, will set up a spin-off company for the four tankers of its fleet. The new company, which will be named Imperial Petroleum Inc., has applied for listing on the US stock exchange and the Nasdaq index. According to the announcement, the transaction is expected to […]

Explosion of profitability for Greek shipowners on Wall Street

Explosion of profitability for Greek shipowners on Wall Street Explosion of profitability for Greek shipowners on Wall Street

By George George An increase in turnover and net profitability was recorded in the first nine months of this year by most of the Greek shipping interests, which are listed on the American stock exchange. The publication of the results started the previous days and the leading companies are active in the sectors of container […]