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  • OceanFreight Inc. Reports Financial Results for the Third Quarter 2009 23 Nov 2009 10:55 GMT
    ... ), a global provider of marine transportation services, today announced its financial results ... to the sale of an older panamax vessel, our net income on an operating basis ... well as commissions. TCE is a standard shipping industry performance measure used primarily to compare ...

  • Imtech: orders worth 38 million euro to upgrade naval vessels 23 Nov 2009 06:53 GMT
    ... million euro and 2,400 employees, Imtech (Imtech Marine Group) is one of the strongest players ... than 70 offices along the world's main shipping routes and near major shipbuilding centres. Imtech ... submarines), special vessels (dredgers, oil tankers, crane ships and floating workshops), offshore platforms, commercial ships, ...

  • Shipping traffic falls for seventh Q 23 Nov 2009 12:52 GMT
    ... While the pace of the decline in shipping traffic volumes has eased, it fell for ... frequency on certain routes and reduction in vessel sizes. Shipowners and operators will remain cautious of ... for entertainment only, and no decisions, particularly investment decisions, should be taken on the basis ...

  • Chinese Iron Ore Purchases No Longer the Only Driver to the Baltic Dry Index 23 Nov 2009 14:56 GMT
    ... always be quickly pressed into service as shipping volumes increase. New vessels are ordered multiple ... advance. A shortage of just a few ships on an important trade route like that between ... year. Capesize is the largest category of vessel and used primarily to transport iron ore. ...

  • GLENN ROGERS IS ALL AT SEA: Textainer Group Holdings Ltd 23 Nov 2009 05:15 GMT
    ... was taking a fresh look at the shipping group was that I caught an interview ... moving from port to port on cargo ships as well as on trucks and rail cars ... created specifically for U.S. residents interested in investing in Canada . He is a columnist ...

  • Jadroplov d.d. (Croatia) - Company Profile - new report released 23 Nov 2009 01:53 GMT
    ... Profile - a new market research report on companiesandmarkets.com Jadroplov d.d. is a Croatian marine shipping company, mainly international. The company´s vessels have ISM (International Safety Management) certificates. The company´s majority shareholder is the Croatian Privatization ...

  • Ebeling Heffernan: Buying into Black Friday 22 Nov 2009 09:54 GMT
    ... vessels in the Company's fleet are sister ships. The majority of the Company's vessels operate ... as well as oil producers, oil traders, vessel owners and others. GMR pays a nice ... Shipholding Group, Inc. (OSG). OSG is a bulk-shipping company, which owns and operates a fleet ...

  • DryShips Inc. Announces Pricing of $400 Million Convertible Senior Notes Offering 22 Nov 2009 17:11 GMT
    ... "Company" or "Dryships"), a global provider of marine transportation services for drybulk cargoes and off-shore ... information about the Company and these offerings. DryShips Inc., based in Greece, is an owner ... and international political conditions, potential disruption of shipping routes due to accidents and political events ...

  • Global Ship Lease Reports Results for the Third Quarter of 2009 19 Nov 2009 11:32 GMT
    ... vessels in December 2008 and one additional vessel in August 2009 and $108.8 million for ... CMA CGM, a privately owned French container shipping company, and operated in CMA CGM's business ... due to the purchase of four additional ships in December 2008 and one in August 2009. ...

  • SA needs 300 ships in merchant navy - Samsa 18 Nov 2009 03:14 GMT
    ... SA needs 300 ships in merchant navy - Samsa South Africa ... they qualify." Tonnage tax would mean that shipping companies would be taxed at a fixed ... many considerations for potential investors, Pandy said. Safmarine has indicated that it would consider registering ...

  • Sector Wrap: Gold, Shipping, Retail 19 Nov 2009 22:30 GMT
    ... fall against the Euro and Yen, leading investors to believe that inflation is right around ... global economic recovery has helped shares of shipping stocks lately. Deutsche Bank upgraded shares of ... as charter rates have climbed for Capesize vessels. Further encouraging news came from Star Bulk Carriers ...

  • Global access buoying Xiamen's economy 17 Nov 2009 05:12 GMT
    ... It is a major road, air, and shipping hub, connecting the Yangtze River Delta and ... 137 container shipping lines that operate 490 vessels, traveling each month to nearly all the major ... of 14.5 billion yuan ($2.12 billion) of investment for construction and expansion. In 2010, the ...

  • StealthGas Inc. Reports Third Quarter and Nine Months 2009 Financial and Operating Results 17 Nov 2009 14:34 GMT
    ... petroleum gas (LPG) sector of the international shipping industry, announced today its unaudited financial and ... of an increase in the number of ships operating in the spot market compared to the ... included a loss on the sale of vessel of $0.8 million compared to a profit ...

  • Navios Maritime Holdings Inc. Reports Financial Results for the Third Quarter and Nine Months Ended September 30, 2009 18 Nov 2009 10:41 GMT
    ... (NYSE: ), a global, vertically integrated seaborne shipping and logistics company, today reported financial results ... industry by reviewing the supply of new vessels and availability of financing from commercial banks." ... the Navios Apollon, a 2000 built Ultra-Handymax vessel with a capacity of 52,073 dwt, chartered ...

  • Globus Maritime Limited Reports Financial Highlights for the Third Quarter and Nine Months Ended September 30, 2009 17 Nov 2009 12:38 GMT
    ... ("Globus" or the "Company") ( ), a marine transportation company that owns and operates Handymax ... of 70%; EBITDA adjusted for a non-cash vessel impairment charge of US$3.5 million, a loss ... of time spent positioning the vessels. The shipping industry uses available days to measure the ...


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