Baltic Trading to raise $55 million
SEPTEMBER 20, 2013 — Peter Georgiopoulos’s Baltic Trading Limited (NYSE: BALT) today announced the pricing of its current public offering of common stock. Baltic Trading agreed to sell 12,000,000 shares of common
dry bulk
Excel Maritime plans to file for Chapter 11
JUNE 11, 2013 — In a form 6K filed with the SEC today, bulker operator Excel Maritime Carriers Ltd. (NYSE: EXM), reports that it is proposing to file a joint prepackaged Chapter
Red ink rising, Mercator Singapore will sell sole VLOC
FEBRUARY 13, 2013 – Indian owned, Singapore-listed dry bulk specialist Mercator Lines (Singapore) Limited reported results for the nine months ended December 31, 2012, that included revenues of US$ 84 million, down
International Shipholding buys Jones Act bulker operator
OCTOBER 11, 2012 — Mobile, Alabama, headquartered International Shipholding Corporation (NYSE: ISH) reports that it has entered into a definitive agreement to acquire a 100 percent ownership interest in U.S. United Ocean
Frangou sees signs of dry bulk fleet size rationalization
“We see signs that the market is beginning to rationalize the number of vessels in the market,” says Angeliki Frangou, Chairman and CEO of dry bulk specialist Navios Maritime Partners L.P. (NYSE: