News in English
Navios Maritime Acquisition Corporation Reports Financial Results for the Second Quarter and Six Months Ended June 30, 2018
- Λεπτομέρειες
- Δημοσιεύτηκε στις Πέμπτη, 23 Αυγούστου 2018 11:01
Navios Maritime Acquisition Corporation (“Navios Acquisition”) (NYSE: NNA), an owner and operator of tanker vessels, reported its financial results today for the second quarter and the six month period ended June 30, 2018.
Diana Shipping Inc. Announces Time Charter Contract for m/v Semirio with Pacific Bulk
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- Δημοσιεύτηκε στις Πέμπτη, 23 Αυγούστου 2018 10:56
Diana Shipping Inc. (NYSE: DSX), (the “Company”), a global shipping company specializing in the ownership of dry bulk vessels, today announced that, through a separate wholly-owned subsidiary, it has entered into a time charter contract with Pacific Bulk Cape Company Limited, Hong Kong, for one of its Capesize dry bulk vessels, the m/v Semirio.
GASLOG LTD. ANNOUNCES TWO NEW LONG-TERM CHARTERS WITH CHENIERE AND PLACES NEWBUILDING ORDERS AT SAMSUNG HEAVY INDUSTRIES
- Λεπτομέρειες
- Δημοσιεύτηκε στις Δευτέρα, 20 Αυγούστου 2018 20:22
GasLog Ltd. (“GasLog”) (NYSE:GLOG) is pleased to announce the signing of two new charter party agreements (the “Charters”), each for a firm period of seven years, with a wholly owned subsidiary of Cheniere Energy, Inc. (“Cheniere”).
Nomination for IUMI President
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- Δημοσιεύτηκε στις Πέμπτη, 16 Αυγούστου 2018 11:19
The presidency of IUMI – the International Union of Marine Insurance – is for a four-year term. The present incumbent, Dieter Berg, ends his full term at this year's IUMI annual conference in Cape Town and will formally hand over the position to his successor on Wednesday 19 September 2018.
Bimco Ecsa leadership meeting in Athens
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- Δημοσιεύτηκε στις Πέμπτη, 02 Αυγούστου 2018 15:11
The BIMCO President, Mr Anastasios Papagiannopoulos and ECSA President, Mr Panos Laskarides met in Athens recently to discuss areas of cooperation and further alignment between the two leading associations representing shipowners globally and in Europe respectively.
HHI Confirms Marinakis’ Newbuildings, Bags 836.5 Bln Won LNG Ship Order
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- Δημοσιεύτηκε στις Τετάρτη, 18 Ιουλίου 2018 09:15
SEOUL, July 17 (Yonhap) -- Hyundai Heavy Industries Co. said Tuesday it has received a 836.5 billion won (US$744 million) order to build four liquefied natural gas carriers for a European company.
Costamare Inc. Announces the Signing of Shipbuilding Contracts and Charter Agreements for Five Newbuild Containerships and the Acquisition and Chartering of Two Secondhand Containerships
- Λεπτομέρειες
- Δημοσιεύτηκε στις Δευτέρα, 09 Ιουλίου 2018 22:40
Costamare Inc. (the “Company”) (NYSE: CMRE) announced today the conclusion of shipbuilding contracts and long term charter agreements for five newbuild containerships, as well as the acquisition and chartering of two secondhand containerships. Ordering and Chartering of Five 12,690 TEU Newbuild Containerships The Company has ordered five newbuild containerships from Jiangsu Yangzijiang Shipbuilding Group, each of approximately 12,690 TEU capacity. The vessels are expected to be delivered between the second quarter of 2020 and the second quarter of 2021 and upon delivery they will commence a ten-year time charter to Yang Ming Marine Transport Corp. The acquisition is expected to be financed with cash on hand and debt. Acquisition and Chartering of Two Wide-Beam 5,000 TEU Secondhand Containerships In June 2018, the Company agreed to purchase two 2013-built, 5,000 TEU wide-beam containerships, the c/v Megalopolis and the c/v Marathopolis. Both vessels are expected to be delivered by September 2018 at the latest. Upon their delivery, the vessels will be chartered to Maersk Line for a period of seven years. The acquisitions are expected to be initially financed with cash on hand. The Company is in advanced discussions with a leading European financial institution regarding the financing of the vessels. Management Commentary Gregory Zikos, Chief Financial Officer of the Company, said: “We are pleased to expand our valued relationship with Yang Ming through the completion of our latest newbuilding transaction. At the same time, we are renewing our fleet with modern secondhand vessels backed by seven year charters to Maersk Line. In aggregate, these new transactions provide us with additional contracted revenues of approximately US $650 million and further extend our contract coverage to approximately 4 years.”
About Costamare Inc.
Costamare Inc. is one of the world’s leading owners and providers of containerships for charter. Costamare Inc. has 44 years of history in the international shipping industry and a fleet of 80 containerships, with a total capacity of approximately 542,000 TEU, including five newbuild containerships on order and two containerships expected to be delivered by September 2018. Eighteen of our containerships have been acquired pursuant to the Framework Deed with York Capital Management by vessel-owning joint venture entities in which we hold a minority equity interest. The Company’s common stock, Series B Preferred Stock, Series C Preferred Stock, Series D Preferred Stock and Series E Preferred Stock trade on the New York Stock Exchange under the symbols “CMRE”, “CMRE PR B”, “CMRE PR C”, “CMRE PR D” and “CMRE PR E”, respectively.