Contship Italia S.p.A. has entered into negotiations for sale of MCT

Contship Italia S.p.A. has entered into negotiations with MSC for the sale of its 50% shares in CSM Italia Gate S.p.A., the company that controls M...

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Scorpio Bulkers announces sale and leaseback agreements for 7 dry bulk vessels

Scorpio Bulkers Inc. announced that it has agreed to sell and leaseback three Ultramax vessels (SBI Pegasus, SBI Subaru and SBI Ursa) and four Kams...

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Scorpio Bulkers Inc. announces the sale of two Kamsarmax Vessels

Scorpio Bulkers Inc. announced today that the Company has entered into agreements to sell two Kamsarmax vessels for $48 million and provided an upd...

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Diana Shipping reports financial results for the fourth quarter for year 2018

Diana Shipping Inc. a global shipping company specializing in the ownership of dry bulk vessels, reported net income of $2.9 million and net income...

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Euronav sells LR1 Genmar Compatriot

Euronav NV announces that the Company has sold the LR1 Genmar Compatriot (2004 – 72,768 dwt) for USD 6.75 million. The vessel will be deliver...

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DIS announces the sale of one of the vessels owned by its JV DM Shipping

d’Amico International Shipping S.A. an international marine transportation company operating in the product tanker market, announces that DM ...

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Moody's upgrades Hapag-Lloyd credit rating to B1

Rating agency Moody’s has upgraded Hapag-Lloyd’s corporate family rating (CFR) to B1 from B2 and its senior unsecured bond rating to B3...

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Cargolux closed its first JOLCO on a Boeing 747-400 freighter

On January 29, Cargolux Airlines International S.A. closed its first Japanese operating lease with call option (JOLCO) transaction for a Boeing 747...

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Ethiopian Airlines and Hibret Bank launch new co-branded debit card

Ethiopian Airlines and Hibret Bank have launched the first Co-branded debit card tailored to provide Ethiopian Sheba Miles members with bonus miles...

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Panalpina successfully issues a CHF 150 million bond

Panalpina World Transport (Holding) Ltd successfully placed a CHF 150 million debut bond in the Swiss capital market. The new issue was very well ...

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NYK introduced its initiatives of Green Bond

NYK, the world’s first company in the global shipping industry to issue labelled green bonds, presented its initiatives at workshop about bon...

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APM Terminals Bahrain aims to raise $32m with IPO

APM Terminals Bahrain plans to raise around BHD12m ($32m) through its planned initial public offering (IPO). This is the first IPO for a transport ...

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Deutsche Post DHL Group and S.F. Holding in €700 million supply chain deal

Deutsche Post DHL Group, the world's leading mail and logistics company, has entered into a landmark deal that will transfer its supply chain o...

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Teekay Offshore Partners announces settlement agreements with Petrobras

Teekay Offshore Partners L.P. announced that certain of its subsidiaries have entered into a settlement agreement with Petróleo Brasileiro S...

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Ocean Yield announces investment in two chemical tankers with long-term charters

Ocean Yield ASA is pleased to announce that the Company has agreed to acquire two 2015 built 37,000 dwt IMO II chemical tankers with 12-year barebo...

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Star Bulk announces a pioneering green loan to finance the retrofitting of 50 scrubbers

Star Bulk Carriers Corp., a global shipping company focusing on the transportation of dry bulk cargoes announced that it has entered into a $310 mi...

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Swissport extends remedies standstill regarding affiliate loan to HNA Group

Swissport extends the temporary remedies standstill regarding the collection of the unpaid balance of its Affiliate Loan to HNA Group while HNA con...

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Seaspan to invest up to US$200 million in Swiber Group

Seaspan Corporation announced that it has entered into a binding term sheet for a potential investment of up to US$200 million in the restructured...

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Navios Maritime Containers acquired a 2009-built, 4,563 teu ship for $13.9 million

Navios Maritime Containers Inc., a growth vehicle dedicated to the container sector, announced that it took delivery of the Navios Miami, a 2009-bu...

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Pyxis Tankers Inc. announces refinancing of modern Tanker

Pyxis Tankers Inc., an emerging growth pure play product tanker company, announced that it had successfully completed the refinancing of a previous...

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