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Latest Chartering Stories

2010-05-17 07:30:00

NEW YORK, May 17 /PRNewswire-FirstCall/ -- Baltic Trading Limited (NYSE: BALT), a drybulk company focused on the spot market, announced today that it has taken delivery of the Baltic Bear, a Capesize newbuilding, and the Baltic Jaguar, a 2009-built Supramax vessel.

2010-05-12 15:37:00

NEW YORK, May 12 /PRNewswire-FirstCall/ -- Genco Shipping & Trading Limited (NYSE: GNK) today announced that it has reached an agreement to sign a time charter for the Genco Beauty, a 1999-built Panamax vessel, with D/S Norden A/S, Copenhagen for approximately 11 to 13.5 months at a rate of $27,000 per day, less a 5% third-party brokerage commission.

2010-05-03 15:30:00

NEW YORK, May 3 /PRNewswire-FirstCall/ -- Genco Shipping & Trading Limited (NYSE: GNK) today reported its financial results for the three months ended March 31, 2010. The following financial review discusses the results for the three months ended March 31, 2010 and March 31, 2009. First Quarter 2010 and Year-to-Date Highlights Recorded net income of $33.5 million, or $1.07 basic and $1.06 diluted earnings per share attributable to Genco's shareholders for the first quarter; Signed one...

2010-04-29 16:03:00

NEW YORK, April 29 /PRNewswire-FirstCall/ -- Baltic Trading Limited (NYSE: BALT), a drybulk company focused on the spot market, announced today that it has taken delivery of the Baltic Panther, a 2009-built Supramax vessel.

2010-04-28 15:53:00

NEW YORK, April 28 /PRNewswire-FirstCall/ -- General Maritime Corporation (NYSE: GMR) today reported its financial results for the three months ended March 31, 2010. Financial Review: 2010 First Quarter The Company recorded a net loss of $9.1 million or $0.16 basic and $0.16 diluted loss per share for the three months ended March 31, 2010 compared to net income of $18.9 million or $0.35 basic and $0.34 diluted earnings per share for the three months ended March 31, 2009.

2010-04-28 05:55:00

PIRAEUS, Greece, April 28 /PRNewswire-FirstCall/ -- NewLead Holdings Ltd. (Nasdaq: NEWL) ("NewLead") announced today that it has completed the first phase of its turnaround with the sale of three additional non-core vessels and the agreement to purchase one newbuild Post-Panamax vessel.

2010-04-23 07:30:00

NEW YORK, April 23 /PRNewswire-FirstCall/ -- Genco Shipping & Trading Limited (NYSE: GNK) today announced that it has reached an agreement to extend the time charter for the Genco Marine, a 1996-built Handymax vessel, with STX Pan Ocean Co. Ltd.

2010-04-09 07:30:00

NEW YORK, April 9 /PRNewswire-FirstCall/ -- Genco Shipping & Trading Limited (NYSE: GNK) today announced that it has reached an agreement to extend the time charter for the Genco Knight, a 1999-built Panamax vessel, with Swissmarine Services S.A.

2010-04-08 15:30:00

NEW YORK, April 8 /PRNewswire-FirstCall/ -- Baltic Trading Limited (NYSE: BALT), a drybulk company focused on the spot market, announced today that it has taken delivery of the Baltic Leopard, a 2009-built Supramax vessel.

2010-04-06 07:00:00

PIRAEUS, Greece, April 6 /PRNewswire-FirstCall/ -- NewLead Holdings Ltd.


Word of the Day
upstander
  • A person who stands up for something, as contrasted to a bystander who remains inactive.
  • One of the upright handlebars on a traditional Inuit sled.
The word 'upstander' in the first sense here is a play on the word 'bystander' and the idea of 'standing up' for something.