TBS International reaches agreement with lenders
Joseph E. Royce, Chairman, CEO and President of shipowner TBS International plc (NASDAQ: TBSI) says continued weakness in the Baltic Dry Index has led to an agreement with lenders under which the
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Yangzijiang Shipbuilding bulks up bulker orderbook
Whatever may be happening on the Baltic Dry Index, shipowners are still ordering bulk carriers. Among shipyards getting bulker orders is China’s Yangzijiang Shipbuilding (Holdings) Ltd. It reports that it entered into
Eagle Bulk buys one, sells two, adds scrubbers to three more
JANUARY 23, 2019 — Eagle Bulk Shipping Inc. (NASDAQ: EGLE) reports that it has purchased a high-specification 2015-built SDARI-64 Ultramax bulkcarrier for a purchase price of $20.4 million. The ship, which has
Pioneer takes delivery of second Green Dolphin
JANUARY 11, 2016 — Handysize dry bulker operator Pioneer Marine Inc. (OSLO-OTC: PNRM) reports that it has accepted delivery of a 38,419 DWT Green Dolphin eco-design handysize vessel, the M.V. Kite Bay.
Red ink rising, Mercator Singapore will sell sole VLOC
FEBRUARY 13, 2013 – Indian owned, Singapore-listed dry bulk specialist Mercator Lines (Singapore) Limited reported results for the nine months ended December 31, 2012, that included revenues of US$ 84 million, down