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Latest NewLead Holdings Ltd. Stories

2014-05-19 08:21:43

PIRAEUS, Greece, May 19, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") announced today that the "Newlead Albion", a 2012-built dry-bulk eco-type Handysize vessel of 32,318 dwt, was delivered to NewLead's fleet on Monday, May 19, 2014. The Newlead Albion is trading on the spot market and is expected to generate $2.0 million EBITDA per year assuming $1.73 million yearly OPEX. The Newlead Albion is one of the two eco-type vessels that the...

2014-05-15 08:20:50

PIRAEUS, Greece, May 15, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") today announced that a 1-for-50 reverse stock split of its common shares has been approved by the Company's Board of Directors and by written consent of a majority of NewLead's shareholders, in order for the Company to maintain its compliance with the minimum bid price requirement of $1.00 per share for continued listing on the NASDAQ Global Select Market ("NASDAQ"). The...

2014-05-12 12:20:50

PIRAEUS, Greece, May 12, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") announced today that its Annual Report on Form 20-F for the fiscal year ended December 31, 2013 (the "Annual Report") has been filed with the U.S. Securities and Exchange Commission. The Annual Report is available on the Company's website, www.newleadholdings.com, in the "Investor Relations" section under "Annual Reports." About NewLead Holdings Ltd. NewLead Holdings Ltd....

2014-04-23 08:22:12

NEW YORK, April 23, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ-GS: NEWL) has historically been an international shipping company that has been transforming into an international vertically integrated shipping and commodity company. NewLead engages in the transportation of refined products, such as gasoline and jet fuel, and dry bulk goods, such as iron ore, coal and grain. Management has announced several actions in recent months that suggest aggressive expansion...

2014-04-08 08:21:11

PIRAEUS, Greece, April 8, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") announced today that it has previously signed a term sheet with a leading financial institution to provide 75% debt financing for two second-hand Panamax vessels for a total of $35 million. The two vessels are expected to be delivered to NewLead's fleet within the next three months, subject to the receipt of the necessary financing for the balance of the purchase price....

2014-03-14 08:21:24

PIRAEUS, Greece, March 14, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") today announced that it has executed definitive agreements for the acquisition of two eco-type 31,800 dwt, Handysize bulk carriers built in 2012 for a total acquisition price of $37.0 million. The two eco-type vessels are expected to be delivered in NewLead by the end of June and July this year. Upon completion of this acquisition, NewLead will own five dry-bulk...

2014-03-10 08:21:31

PIRAEUS, Greece, March 10, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") announced today that on March 4, 2014, it completed the issuance of $25.0 million in Perpetual Series A Preferred Shares ("Preferred Shares") to an institutional investor under a share subscription agreement ("Agreement"). The preferred shares can be redeemed by the Company or converted by the purchaser in common shares. The Company received partial consideration of $2.5...

2014-03-06 08:21:20

PIRAEUS, Greece, March 6, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") today announced that a 1-for-10 reverse stock split of its common shares has been approved by the Company's Board of Directors and by written consent of a majority of shareholders, effective upon the commencement of trading today, March 6, 2014. The reverse split will consolidate every ten common shares into one common share, par value of $0.10 per share. As a result of...

2014-02-13 12:20:22

PIRAEUS, Greece, Feb. 13, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") announced today that it has signed a term sheet with a leading financial institution to provide 75% debt financing for two eco-type 31,800 dwt, 2012-built Handysize vessels for a total of $37.0 million. The two vessels are expected to be delivered to NewLead's fleet within the next three months. Mr. Michael Zolotas, Chairman and Chief Executive Officer of NewLead, stated,...

2014-01-09 08:22:51

PIRAEUS, Greece, Jan. 9, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") announced today that it has been granted access to develop and mine the Five Mile mine (7,695 mineral acres), that includes a CSX rail load facility, the Andy Rail Terminal, in Kentucky, USA which mine the Company agreed to acquire in 2012. As previously announced, NewLead has received a reserve report, dated May 2013, for the Five Mile mine, compliant with the U.S....


Word of the Day
sough
  • A murmuring sound; a rushing or whistling sound, like that of the wind; a deep sigh.
  • A gentle breeze; a waft; a breath.
  • Any rumor that engages general attention.
  • A cant or whining mode of speaking, especially in preaching or praying; the chant or recitative characteristic of the old Presbyterians in Scotland.
  • To make a rushing, whistling, or sighing sound; emit a hollow murmur; murmur or sigh like the wind.
  • To breathe in or as in sleep.
  • To utter in a whining or monotonous tone.
According to the OED, from the 16th century, this word is 'almost exclusively Scots and northern dialect until adopted in general literary use in the 19th.'
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