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Latest Chartering Stories

2014-03-20 16:21:28

NEW YORK, March 20, 2014 /PRNewswire/ -- Eagle Bulk Shipping Inc. (Nasdaq: EGLE) (the "Company" or "Eagle Bulk") today announced that the Company and certain Lenders under the Company's Fourth Amended and Restated Credit Facility have entered into a Waiver and Forbearance Agreement, effective March 19, 2014. Subject to the Company's compliance with certain terms, conditions and milestones as set forth in the Waiver, the Lenders have agreed to waive until June 30, 2014, any potential...

2014-02-26 16:22:18

Declares $0.03 per Share Dividend for Q4 2013 NEW YORK, Feb. 26, 2014 /PRNewswire/ -- Baltic Trading Limited (NYSE: BALT) ("Baltic Trading" or the "Company") today reported its financial results for the three and twelve months ended December 31, 2013. The following financial review discusses the results for the three months and years ended December 31, 2013 and December 31, 2012. Fourth Quarter 2013 and Year-to-Date Highlights -- Declared a $0.03 per share dividend payable on or about...

2014-01-13 08:21:09

Continues to Execute Growth Strategy NEW YORK, Jan. 13, 2014 /PRNewswire/ -- Baltic Trading Limited (NYSE: BALT) announced today that it has exercised its option to acquire two additional Ultramax newbuildings. The two option vessels, which will have the same specifications and purchase price as the Ultramax newbuildings Baltic Trading previously agreed to acquire, are expected to be delivered to Baltic Trading during the second and third quarters of 2015. John C. Wobensmith,...

2014-01-07 04:20:08

PARIS, January 7, 2014 /PRNewswire/ -- - In line with its strategy, BOURBON achieves US$ 770 million of vessel sales in 2013 - BOURBON sells 12 additional vessels to ICBC Financial Leasing for US$ 378 million and concludes a new sale and bareboat charter agreement with Standard Chartered Bank for US$ 150 million BOURBON announces the transfer of ownership of 12 vessels to the Chinese company ICBC Financial Leasing ("ICBCL") for a total value of approximately US$...


Word of the Day
mallemaroking
  • Nautical, the visiting and carousing of sailors in the Greenland ships.
This word is apparently from a confusion of two similar Dutch words: 'mallemerok,' a foolish woman, and 'mallemok,' a name for some persons among the crew of a whaling vessel.