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Latest Container ship Stories

2014-07-22 16:20:57

ATHENS, Greece, July 22, 2014 /PRNewswire/ -- Box Ships Inc., (NYSE: TEU), or the Company, a global shipping company specializing in the transportation of containers, today announced the full repayment of the outstanding amount under its loan agreement with Commerzbank AG ("Commerzbank"), dated July 29, 2011. The outstanding amount of the loan, as of July 21, 2014, amounted to $21.5 million and the parties agreed to the payment of $15.0 million plus accrued interest, in full and...

2014-05-19 08:21:56

TREVISO, Italy, May 19, 2014 /PRNewswire/ -- DeLclima units combine comfort and efficiency at the new MSC headquarters in Genoa The new San Benigno business center in Genoa is now almost finished. The three towers that occupy compartment 2 are still under construction. Here, close to the commercial port, MSC has decided to establish its headquarters to increase its activities in the territory, in competition with the other shipping giant, Costa. MSC,...

2014-05-09 12:21:01

ATHENS, Greece, May 9, 2014 /PRNewswire/ -- Box Ships Inc., (NYSE: TEU), or the Company, a global shipping company specializing in the transportation of containers, today announced plans to release its results for the first quarter ended March 31, 2014, after the market closes on Monday, May 12, 2014. On Tuesday, May 13, 2014 at 9:00 am ET, a conference call and webcast will be held to review the results. Interested parties should call +1-877-300-8521 (USA) or +1-412-317-6026...

2014-04-14 16:20:18

LONDON, April 14, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report: India Shipping Report Q1 2014 Includes 3 FREE quarterly updates BMI Industry ViewThe primary issue in Indian shipping continues to be the state of the nation's ports. Investment in the12 major state-run facilities has not kept up with the demand engendered by the rapid economic growthexperienced in India over the past decade. This is leading to repeated issues of congestion in the ports,...

2014-04-09 12:27:54

LONDON, April 9, 2014 /PRNewswire/ -- Reportbuyer.com has added a new market research report:China Shipping Report Q1 2014Includes 3 FREE quarterly updatesBMI Industry ViewBMI maintains its cautious outlook for the Chinese port and shipping sector, highlighting that indicatorscontinue to align to back our view of a slowdown in China's economic growth. We expect the economy toexpand by 6.7% in 2014, but we caution that there are downside risks to this forecast.After a decade-long cycle...

2014-03-31 16:21:08

ATHENS, Greece, March 31, 2014 /PRNewswire/ -- Paragon Shipping Inc. (NASDAQ: PRGN) ("Paragon Shipping" or the "Company"), a global shipping transportation company specializing in drybulk cargoes, announced today that it has entered into a firm commitment for a new $120.0 million senior secured amortizing credit facility with a syndicate of major European banks led by Nordea Bank Finland PLC to partly finance up to 60% of the market value of the Company's two Ultramax newbuildings...

2014-03-07 16:20:34

ATHENS, Greece, March 7, 2014 /PRNewswire/ -- Box Ships Inc., (NYSE: TEU), or the Company, a global shipping company specializing in the transportation of containers, today announced plans to release its results for the fourth quarter and year ended December 31, 2013, after the market closes on Tuesday, March 11, 2014. On Wednesday, March 12, 2014 at 9:00 am ET, a conference call and webcast will be held to review the results. Interested parties should call +1-877-300-8521 (USA) or...

2014-03-05 16:20:59

ATHENS, Greece, March 5, 2014 /PRNewswire/ -- Paragon Shipping Inc. (NASDAQ: PRGN) ("Paragon Shipping" or the "Company"), a global shipping transportation company specializing in drybulk cargoes, announced today that it has signed shipbuilding contracts for three eco-design Kamsarmax drybulk carriers. These eco-design Kamsarmax newbuildings have a carrying capacity of 81,800 dwt each, and will be built at Jiangsu Yangzijiang Shipbuilding Co. Two of the newbuildings are scheduled to...

2014-01-28 12:24:45

LONDON, Jan. 28, 2014 /PRNewswire/ -- Reportbuyer.com just published a new market research report:United States Shipping Report Q4 2013Includes 3 FREE quarterly updatesBMI maintains its cautiously positive view on the US shipping sector. We forecast contractions inthroughput at both the port of Los Angeles and the Port of New York/New Jersey. We have revised downour 2013 US real GDP growth forecast from 2.1% to 1.8%, which is mostly attributable to base effects frompoor data readings...

2014-01-08 08:34:31

~ Fast implementation of Tableau tools enables close collaboration between employees for logistics specialist SEATTLE, Jan. 8, 2014 /PRNewswire/ -- Tableau Software (NYSE: DATA) today announced that Hamburg Sud, a worldwide logistics specialist based in Hamburg, is using Tableau for its data analytics. With Tableau, Hamburg Sud will increase collaboration between employees based in a variety of locations, and helped the company gain a competitive advantage by providing staff with...


Word of the Day
glogg
  • Scandinavian punch made of claret and aquavit with spices and raisins and orange peel and sugar.
This word comes from the Swedish 'glogg,' which is an alteration of 'glodgat,' mulled (wine).
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