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Last updated on April 18, 2014 at 9:47 EDT

Latest NewLead Holdings Ltd. Stories

2012-03-02 07:30:00

PIRAEUS, Greece, March 2, 2012 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") today announced that a 1-for-5 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 opening of the markets on March 19, 2012. The reverse split will consolidate every five common shares into one common share, par value of $0.01 per share. The number of...

2011-12-22 15:05:00

PIRAEUS, Greece, Dec. 22, 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 it agreed to sell four LR1 products tanker vessels. The sale of two vessels, the Newlead Fortune and the Newlead Avra, was completed today. The sale of the other two vessels, the Newlead Compass and the Newlead Compassion, is expected to be completed by the...

2011-12-09 07:30:00

PIRAEUS, Greece, Dec. 9, 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 it has recently received a fifth favorable arbitration award against TMT Bulk Corp. ("TMT") for $1,658,376.21 plus interest. The total amount awarded to date, under the fifth interim arbitration awards, is approximately $8,658,000 plus interest. As of December 9, 2011, the...

2011-11-23 07:30:00

PIRAEUS, Greece, Nov. 23, 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 it has recently received a fourth favorable arbitration award against TMT Bulk Corp. ("TMT") for $1,757,015.04 plus interest. The total amount awarded to date, under the four interim arbitration awards, is approximately $7,000,000 plus interest. As of November 18, 2011, the...

2011-11-15 07:30:00

PIRAEUS, Greece, Nov. 15, 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 it has recently received a third favorable arbitration award against TMT Bulk Corp. ("TMT") for $1,334,663.26 plus interest. The total amount awarded to date, under the three interim arbitration awards, is $5,267,488.34 plus interest. As of November 12, 2011, the total...

2011-11-14 07:30:00

PIRAEUS, Greece, Nov. 14, 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 November 10, 2011, the "Newlead Gujarat," a new geared Kamsarmax dry bulk vessel of 79,263 dwt, was delivered from Cosco Dalian Shipyard Co. to NewLead's fleet. The "Newlead Gujarat" is the second geared Kamsarmax that NewLead built at Cosco Dalian Shipyard Co....

2011-10-12 07:30:00

PIRAEUS, Greece, Oct. 12, 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 it has recently received a second favorable arbitration award against TMT Bulk Corp. ("TMT") for $1,969,821.75 inclusive of interest and costs. This is the second favorable arbitration award to NewLead. The total amount received to date, under both arbitration awards is...

2011-09-28 08:00:00

PIRAEUS, Greece, Sept. 28, 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 its financial results for the second quarter and six months ended June 30, 2011. Michael Zolotas, President, Chief Executive Officer and Interim Chief Financial Officer of NewLead, stated: "Despite difficult industry dynamics, NewLead expanded its operational fleet by...

2011-09-22 07:31:00

PIRAEUS, Greece, Sept. 22, 2011 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or "the Company") today announced that the date and time of the release of its financial results for the second quarter and six months ended June 30, 2011 and conference call and webcast details have changed. The results for the second quarter and six months ended June 30, 2011 will now be released before the opening of the market on Wednesday, September 28, 2011. The Company will hold its...

2011-09-22 07:30:00

PIRAEUS, Greece, Sept. 22, 2011 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or "the Company") today announced that the Company has received two deficiency notices from The NASDAQ Stock Market LLC ("NASDAQ"). On September 16, 2011, the Company received a written notification from the NASDAQ indicating that the Company is not in compliance with NASDAQ Listing Rule 5450(b)(1)(C) for continued listing on The NASDAQ Global Select Market because the Market Value of the...