Athens-based Euroseas has signed memoranda of agreement to acquire four feeder containerships for a consideration that includes a cash payment of US$15 million and issuance of approximately 22.5 million shares of common stock to the sellers.
Greece’s Star Bulk Carriers has entered into an en bloc definitive agreement with Kelso and Company affiliate Delphin Shipping for the acquisition of 11 dry bulk vessels for an aggregate price of US$139.5 million.
The cruise ship Magellan, which is owned by Greek company Global Cruise Lines, has been fined NOK 700,000 (US$79,600) by the Norwegian Maritime Authority (NMA) for violating the legislation on fuel sulphur limits in Norway.
Athens-based DryShips has acquired a bulk carrier for approximately US$50 million from an entity connected to company chairman and CEO George Economou.
Belships has agreed to acquire the 55,866DWT bulk carrier Sephora from Prospero Marine, a company controlled by Greek shipowner Elias Kulukundis.
A federal grand jury in Wilmington, Delaware, has returned a six-count indictment charging Chartworld Shipping Corporation, Nederland Shipping Corporation, and Chief Engineer Vasileios Mazarakis with failing to keep accurate pollution control records, falsifying records, obstruction of justice, and witness tampering, the US Depart of Justice (DoJ) said in a recent statement.
Athens-based Pantheon Tankers Management recently took delivery of two new 49,000-tonne MR tankers from STX Offshore and Shipbuilding of South Korea.
Athens-based Diana Shipping, through a wholly-owned subsidiary, has signed a memorandum of agreement to sell the 2004-built Panamax bulk carrier Erato to an unaffiliated third party for US$7 million.
LNG carrier operator TMS Cardiff Gas has entered into a vessel charter contract with energy and commodities company Vitol.
Geoquip Marine of Switzerland has added a DP2 multi-purpose offshore support vessel (OSV) to its fleet.