The Great Eastern Shipping Company Ltd, India’s biggest ship owner by fleet size, is said to have filed an expression of interest (EoI) to buy state-run Shipping Corporation of India Ltd (SCI) from the government, reports the Hindu Business...
A North Korean computer hacker has been charged in a plot using blockchain to get investors to unknowingly fund North Korean cargo ships with cryptocurrency.
It considered as a way to evade U.S. sanctions.
The hacker, known as...
EuroDry Ltd. reports results for the year and quarter ended December 31, 2020.
The operator of drybulk vessels announced today its results for the three- and twelve-month periods.
In January 2021, the Company refinanced the outstanding loans of...
German shipping investment that once helped shape the world’s maritime operations is in retreat.
Years of steep losses lead to many of the country’s biggest banks to abandon ship financing altogether.
The number of German-owned oceangoing vessels has...
According to an article published in Make Xpress, many small UK gin and whisky distillers and suppliers are struggling to ship their merchandise to EU clients seven weeks after the introduction of post-Brexit buying and selling guidelines, the business...
Golden Ocean has entered into a vessel acquisition deal with Fredriksen, says an article published in Splash 247.
About the deal
Golden Ocean Group has entered into a deal with Fredriksen’s family company Hemen Holding to acquire 18 bulk carriers.
The deal...
According to brokers, Elbdeich Reederei bought three sister vessels owned by Wessels Reederei, says an article published in Splash 247.
Purchase details
Elbdeich has paid €24m ($29m) for the 1,036 teu trio Wes Amelie (2010), Wes Janine (2012), and Wes Carina...
Monaco’s Eneti has sold two more ultramaxes as it moves close to completing its fleet selloff, says a press release published on Globenewswire.
Vessel sale details
Eneti has sold the 2015-built SBI Cronos and 2016-built SBI Achilles for around $39.75m in...
Seanergy Maritime Holdings has entered into an agreement to acquire a secondhand Capesize vessel, says a press release published on their website.
Agreement info
Nasdaq-listed Greek Capesize bulker owner Seanergy has paid $17m for a Japanese-built (2006) cape, which will be...
According to an article published in Shipping Watch, German container line Hapag-Lloyd expects to see a significant improvement in earnings in the first three months of the year, where the 2021 results are expected to be "significantly higher" than...
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