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Last updated on April 21, 2014 at 5:21 EDT

Latest Chartering Stories

2012-10-08 15:20:32

HOUSTON, Oct. 8, 2012 /PRNewswire/ -- Oceaneering International, Inc. (NYSE:OII) announced today that it has entered into a five-year charter for use of the Cade Candies, a multi-service subsea support vessel owned by Otto Candies LLC. The charter is expected to commence during the second quarter of 2013. This state-of-the-art, U.S. flagged vessel was built in 2010. It has an overall length of approximately 309 feet (94 meters), a Class 2 dynamic positioning system, accommodations for 69...

2012-08-01 10:22:41

NEW YORK, Aug. 1, 2012 /PRNewswire/ -- Baltic Trading Limited (NYSE: BALT) ("Baltic Trading" or the "Company") today reported its financial results for the three and six months ended June 30, 2012. The following financial review discusses the results for the three and six months ended June 30, 2012 and June 30, 2011. Second Quarter 2012 and Year-to-Date Highlights Declared a $0.05 per share dividend payable on or about August 22, 2012 to all shareholders of record as of August 15, 2012...

2012-08-01 10:22:28

NEW YORK, Aug. 1, 2012 /PRNewswire/ -- Genco Shipping & Trading Limited (NYSE: GNK) ("Genco" or the "Company") today reported its financial results for the three and six months ended June 30, 2012. The following financial review discusses the results for the three and six months ended June 30, 2012 and June 30, 2011. Second Quarter 2012 and Year-to-Date Highlights Recorded net loss attributable to Genco for the second quarter of $27.7 million, or $0.65 basic and diluted loss per...

2012-04-30 10:20:32

NEW YORK, April 30, 2012 /PRNewswire/ -- Genco Shipping & Trading Limited (NYSE: GNK) ("Genco" or the "Company") today reported its financial results for the three months ended March 31, 2012. The following financial review discusses the results for the three months ended March 31, 2012 and March 31, 2011. First Quarter 2012 and Year-to-Date Highlights Recorded net loss attributable to Genco for the first quarter of $33.1 million, or $0.87 basic and diluted loss per share; Maintained...

2012-04-30 10:20:26

NEW YORK, April 30, 2012 /PRNewswire/ -- Baltic Trading Limited (NYSE: BALT) ("Baltic Trading" or the "Company") today reported its financial results for the three months ended March 31, 2012. The following financial review discusses the results for the three months ended March 31, 2012 and March 31, 2011. First Quarter 2012 and Year-to-Date Highlights Declared a $0.05 per share dividend payable on or about May 17, 2012 to all shareholders of record as of May 10, 2012 based on Q1 2012...

2012-02-21 15:30:00

NEW YORK, Feb. 21, 2012 /PRNewswire/ -- Genco Shipping & Trading Limited (NYSE: GNK) ("Genco" or the "Company") today reported its financial results for the three and twelve months ended December 31, 2011. The following financial review discusses the results for the three months and years ended December 31, 2011 and December 31, 2010. Fourth Quarter 2011 and Year-to-Date Highlights Recorded net income attributable to Genco for the fourth quarter of $0.3 million, or $0.01 basic and...

2012-02-16 16:00:00

ATHENS, Greece, Feb. 16, 2012 /PRNewswire/ -- Box Ships Inc. (NYSE: TEU) (the "Company"), a global shipping company specializing in the seaborne transportation of containers, announced today its results for the fourth quarter of 2011 and for the period from its Initial Public Offering ("IPO") on April 14, 2011 to December 31, 2011 ("period ended December 31, 2011"). Three Months Period Financial Highlights...

2012-01-30 15:30:00

ATHENS, Greece, Jan. 30, 2012 /PRNewswire/ -- Paragon Shipping Inc. (NYSE: PRGN) ("Paragon Shipping" or the "Company"), announced today that Deiulemar Compagnia di Navigazione SpA, the charterer of the M/V Friendly Seas (the "Vessel"), a 2008-built 58,779 dwt Supramax bulkcarrier (the "Charterer"), has continued to fail to provide payment due since January 5 and has failed to provide the Vessel with voyage instructions. Accordingly, Paragon Shipping has provided written notice to the...

2012-01-17 08:08:00

ATHENS, Greece, Jan. 17, 2012 /PRNewswire/ -- Paragon Shipping Inc. (NYSE: PRGN) ("Paragon Shipping" or the "Company"), announced today that it has been notified by Deiulemar Compagnina di Navigazione SpA, the charterer of the M/V Friendly Seas, a 2008 built 58,779 dwt Supramax bulkcarrier, (the "Charterer") that it will seek to modify the terms of the existing charter, which has a remaining duration of about 27 months (assuming earliest redelivery) at a gross daily rate of $ 33,750. The...

2011-11-02 16:04:00

NEW YORK, Nov. 2, 2011 /PRNewswire/ -- General Maritime Corporation (NYSE: GMR) today announced selected financial results for the three and nine months ended September 30, 2011. Financial Review: Third Quarter 2011 For the three months ended September 30, 2011, excluding certain estimated non-cash items described below, the Company recorded a net loss of $55.1 million or $0.46 basic and $0.46 diluted loss per share for the quarter compared to a net loss of $24.9 million or $0.29 basic...