Chinese dry bulk owner Jinhui Shipping and Transportation has terminated an agreement with Greek owner Chartworld Shipping to acquire 2002-built supramax . Jinhui agreed to acquire two supramaxes from Chartworld in April, but terminated the Aifanourios acquisition due to a delay in the delivery of...
https://splash247.com/jinhui-terminates-agreement-to-acquire-chartworld-supramax/
Daily Overview of Global Markets & the SEE Region (Monday, 3 June, 2019)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Risk-off mode prevailed in early European trade on Monday as the US/China trade dispute continues to intensify, leaving no hopes for a resolution any time soon. Favored by their safe-haven appeal, the JPY and the CHF outperformed their major currency peers in FX markets. Elsewhere, US Treasuries extended recent gains with the 10-yr yield marking an intra-day...
Greek owner Euroseas has signed an MOU to acquire four feeder containerships from the Pittas family and its chairman Aristides Pittas. Euroseas will pay $15m cash and issue around 22.5m shares, representing 64.3% of Euroseas’ outstanding common shares to the sellers of the four vessels EM Hydra, EM...
https://splash247.com/euroseas-acquires-four-feeder-boxships-from-pittas-family/
Angeliki Frangou-led Navios has acquired the 2014-built panamax bulker from Japanese owner Shoei Kisen. The vessel is currently chartered to Navios and according to shipbroking sources, Navios has exercised an option to acquire the 77,100 dwt Japanese-built vessel for a price of $14.5m....
https://splash247.com/navios-takes-over-ownership-of-shoei-kisen-panamax/
Greek dry bulk operator Diana Shipping, led by Simeon Palios, is entering into tanker trade through the acquisition of two 2011-built aframax tankers. Mutiple shipbroking sources including Clarksons, Advanced Shipping & Trading, Seasure Shipbroking and Lion Shipbroking all reported that Diana...
https://splash247.com/diana-shipping-enters-tanker-sector-with-acquisition-of-aframax-pair/
Daily Overview of Global Markets & the SEE Region (Friday, 31 May, 2019)
HIGHLIGHTS
WORLD ECONOMIC & MARKET DEVELOPMENTS
GLOBAL MARKETS: Major European bourses were generally down in early trade today recording losses of around 1.0% at the time of writing, while US stock futures point to a lower opening amid increased trade war jitters. US President Donald Trump issued a statement yesterday threatening to impose a 5% tariff on all goods imported from Mexico, staring on 10 June, unless Mexico...
Fire took place erupted on board the livestock carrier Boi Branco, which was berthed at Piraeus port, Greece, in the morning May 30. As of now, the extent of the damages or the cause of the fire is not known, while no injuries were reported.
After the fire was reported, tugs, boats, fire engines and teams were deployed in fire fighting.
As the fire department reported, the fire was extinguished in several hours.
At the time of the incident, the vessel was in ballast, while it did not have any...
https://safety4sea.com/livestock-carrier-catches-fire-at-port-of-piraeus/
The events that led to the incident are not know. There were no cattle aboard at the time.
https://worldmaritimenews.com/archives/277825/livestock-carrier-catches-fire-in-greek-port/
Representatives of the cruise industry in the East Mediterranean highlighted some of the obstacles the sector faces, such as regional volatility and small available pool of cruise-ready ports. The Greek Minister of Tourism, Thanasis Theocharopoulos, noted, during the 5th Posidonia Sea Tourism Forum in Athens that the challenges will not be surpassed if the cruise infrastructure won’t improve.
Specifically, the Minister addressed that the cruise passengers in Greece are expected to increase by...
https://safety4sea.com/east-meds-cruise-sector-calls-for-infrastructure-improvements/
Diana Shipping has announced that 2010-built panamax has entered into a new time charter contract with Uniper Global Commodities. The vessel begins its new charter today, for a period of 11-13 months at a rate of $13,000 per day. Previously, the vessel was on charter to Glencore at $12,500 per day....
https://splash247.com/uniper-takes-diana-shipping-panamax-on-charter/