Hellenic Shipping News

Globus Maritime Limited Announces the Acquisition of a 2018-Built “Eco” Kamsarmax Dry Bulk Carrier

Globus Maritime Limited, a dry bulk shipping company, announced that it has entered into, through a separate wholly owned subsidiary, an agreement with an unaffiliated third party to purchase a 2018-built “Eco” (i.e., with certain fuel efficiency design features) Kamsarmax vessel built by the Jiangsu New Yangzi Shipbuilding yard, for $27 million. The purchase agreement …

The post Globus Maritime Limited Announces the Acquisition of a 2018-Built “Eco” Kamsarmax Dry Bulk Carrier first appeared on H...

https://www.hellenicshippingnews.com/globus-maritime-limited-announces-the-acquisition-of-a-2018-built-eco-kamsarmax-dry-bulk-carrier/

Seanergy Maritime Holdings Corp. Swings To Loss, As Revenues Decreased in 2020

Seanergy Maritime Holdings Corp. announced yesterday its financial results for the fourth quarter and twelve months ended December 31, 2020. For the quarter ended December 31, 2020, the Company generated net revenues of $21.3 million, representing a 23.3% decrease compared to the corresponding quarter of 2019. The time charter equivalent rate (“TCE”)1 earned during the …

The post Seanergy Maritime Holdings Corp. Swings To Loss, As Revenues Decreased in 2020 first appeared on Hellenic Shipping...

https://www.hellenicshippingnews.com/seanergy-maritime-holdings-corp-swings-to-loss-as-revenues-decreased-in-2020/

Dry Bulkers Are Selling “Like Hot Cakes”, While Newbuilding Orders Swell as Well

Newbuilding orders and sales in the secondhand market have intensified during the past week, as ship owners are preparing ahead of an expected boom in trade flows. In its latest weekly report, shipbroker Allied Shipbroking said that “it was a very active week in the newbuilding market, with several...

https://www.hellenicshippingnews.com/dry-bulkers-are-selling-like-hot-cakes-while-newbuilding-orders-swell-as-well/

A new era begun at the Piraeus Container Terminal through the first ever private mobile network delivered by Vodafone in Greece on behalf of PPA and PCT

Vodafone Business ushered in a new era for the Piraeus Container Terminal, which promises cutting-edge technologies and new, unlimited possibilities for the country’s largest port. Acting as a catalyst in Greece’s technology and telecommunications, Vodafone designed, built, and delivered for use the first ever private mobile network in Greece, on behalf of the Piraeus Port …

The post A new era begun at the Piraeus Container Terminal through the first ever private mobile network delivered by...

https://www.hellenicshippingnews.com/a-new-era-begun-at-the-piraeus-container-terminal-through-the-first-ever-private-mobile-network-delivered-by-vodafone-in-greece-on-behalf-of-ppa-and-pct/

COSCO investment in Piraeus port an example of cooperation with mutual benefits: former Greek PM

China’s COSCO Shipping investment in Piraeus, Greece’s largest port, in recent years is a successful example of cooperation with mutual benefits, former Greek Prime Minister George Papandreou told Xinhua in a recent written interview. COSCO Shipping acquired the majority of Piraeus Port Authority S.A. (PPA) shares in 2016 after an international tender, while the Chinese …

The post COSCO investment in Piraeus port an example of cooperation with mutual benefits: former Greek PM first appeared on He...

https://www.hellenicshippingnews.com/cosco-investment-in-piraeus-port-an-example-of-cooperation-with-mutual-benefits-former-greek-pm/

Scrap Prices Should Rise in Order To Attract More Tonnage Says Shipbroker

An underwhelming demolition market has been the norm so far this year, despite expectations that a lackluster freight market, mainly for tankers, could increase tonnage sold for scrap. However, this hasn’t been the case so far, not to mention that owners of bulkers and containers prefer to keep...

https://www.hellenicshippingnews.com/scrap-prices-should-rise-in-order-to-attract-more-tonnage-says-shipbroker/

Euroseas Ltd. Announces New Charters for Two of Its Vessels, M/V “Synergy Busan” and M/V “EM Kea”

Euroseas Ltd. (NASDAQ: ESEA, the “Company” or “Euroseas”), an owner and operator of container vessels and provider of seaborne transportation for containerized cargoes, announced today the extension of the charter of its container vessels M/V “EM Kea” and a new time charter contract for its container vessel M/V “Synergy Busan”. Specifically: The charter of M/V …

The post Euroseas Ltd. Announces New Charters for Two of Its Vessels, M/V “Synergy Busan” and M/V “EM Kea” first appeared on Hellenic...

https://www.hellenicshippingnews.com/euroseas-ltd-announces-new-charters-for-two-of-its-vessels-m-v-synergy-busan-and-m-v-em-kea/

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