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Latest Chartering Stories

2011-08-02 07:30:00

PIRAEUS, Greece, Aug. 2, 2011 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or "the Company"), an international shipping company owning and operating tankers and dry bulk vessels, today announced that on July 28, 2011, the "Navios Serenity," a new Handysize dry bulk vessel of 35,000 dwt, was delivered from a Korean shipyard to NewLead's fleet. Mr. Michael Zolotas, president, chief executive officer and interim chief financial officer of NewLead, stated, "We are pleased...

2011-07-27 15:29:00

NEW YORK, July 27, 2011 /PRNewswire/ -- General Maritime Corporation (NYSE: GMR) today reported its financial results for the three and six months ended June 30, 2011. Financial Review: Second Quarter 2011 Excluding certain non-cash items described below, the Company recorded a net loss of $36.8 million or $0.33 basic and $0.33 diluted loss per share for the three months ended June 30, 2011 compared to a net loss of $14.0 million or $0.24 basic and $0.24 diluted loss per share for the...

2011-07-26 15:30:00

NEW YORK, July 26, 2011 /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, 2011. The following financial review discusses the results for the three and six months ended June 30, 2011 and June 30, 2010. Second Quarter 2011 and Year-to-Date Highlights Recorded net income attributable to Genco for the second quarter of $10.1 million, or $0.29 basic and diluted earnings...

2011-06-21 07:00:00

PIRAEUS, Greece, June 21, 2011 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or "the Company"), an international shipping company owning and operating tankers and dry bulk vessels, today announced that on June 13, 2011, the new Post-Panamax vessel "Newlead Endurance" of 92,000 dwt was delivered from a Korean shipyard to NewLead's fleet. NewLead financed the vessel through a sale and immediate bareboat leaseback transaction. Mr. Michael Zolotas, president and chief...

2011-05-11 15:18:00

NEW YORK, May 11, 2011 /PRNewswire/ -- Baltic Trading Limited (NYSE: BALT), a drybulk company focused on the spot market, announced today that it has reached separate agreements to enter into spot market-related time charters for two Supramax vessels, the Baltic Panther and the Baltic Jaguar. The Baltic Panther is expected to deliver to its charterer, Klaveness Chartering, on or about May 21, 2011, to commence a spot market-related time charter for 22.5 to 25.5 months. The rate for the...

2011-05-10 15:20:00

NEW YORK, May 10, 2011 /PRNewswire/ -- General Maritime Corporation (NYSE: GMR) today reported its financial results for the three months ended March 31, 2011. Financial Review: 2011 First Quarter Excluding the $3.3 million non-cash loss relating to the disposal of vessels and vessel equipment as well as the $1.8 million impairment of goodwill and $0.1 million other income, the Company recorded a net loss of $26.5 million or $0.31 basic and $0.31 diluted loss per share for the three...

2011-05-03 15:35:00

NEW YORK, May 3, 2011 /PRNewswire/ -- Baltic Trading Limited (NYSE: BALT) ("Baltic Trading" or the "Company") today reported its financial results for the three months ended March 31, 2011. The following financial review discusses the results for the three months ended March 31, 2011 and December 31, 2010. Since the Company began operations in October 2009 and took delivery of its first vessel on April 8, 2010, comparable historical data for the three months ended March 31, 2010 does not...


Word of the Day
grass-comber
  • A landsman who is making his first voyage at sea; a novice who enters naval service from rural life.
According to the OED, a grass-comber is also 'a sailor's term for one who has been a farm-labourer.'