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2014-07-29 08:22:37

PIRAEUS, Greece, July 29, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (OTC: NEWL) ("NewLead" or the "Company") announced today that the "Newlead Venetico," a 2012-built dry-bulk eco-type Handysize vessel of 32,500 dwt, was delivered to NewLead's fleet on July 25, 2014. The Newlead Venetico is trading on the spot market and is expected to generate approximately $1.7 million EBITDA per year assuming $1.73 million yearly OPEX. The Newlead Venetico is the second of the two eco-type...

2014-07-07 12:20:33

PIRAEUS, Greece, July 7, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") announced today that on June 23, 2014, in arbitration proceedings currently pending between the Company and Ironridge Global IV, Ltd. ("Ironridge"), the Company filed claims against Ironridge for breach of contract, fraudulent inducement of contract and fraud, securities market manipulation and misrepresentation in violation of United States federal securities laws, unjust...

2014-06-26 20:20:21

PIRAEUS, Greece, June 26, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") today announced that, on June 25, 2014, the Company received a letter from the NASDAQ Listing Qualifications Staff (the "Staff") of The NASDAQ Stock Market LLC ("NASDAQ") notifying the Company that the Staff has determined pursuant to its discretionary authority set forth in Listing Rule 5101 to delist the Company's securities based on public interest concerns raised by...

2014-06-26 08:21:16

PIRAEUS, Greece, June 26, 2014 /PRNewswire/ -- On June 18, 2014, NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") announced that the Company satisfied its obligations under the $44.8 million court ordered settlement agreement (referred to in the prior press release as a "balance sheet program") with MG Partners Limited ("MGP") and Hanover Holdings I, LLC ("Hanover"), all as more fully described in NewLead's current reports on Form 6-K, as initially filed on December...

2014-06-20 08:21:38

NEW YORK, June 20, 2014 /PRNewswire/ -- DryShips, Inc. (NASDAQ: DRYS) is an international provider of ocean transportation services for drybulk and petroleum cargoes through their ownership and operation of drybulk carrier vessels and oil tankers. The company also engages in offshore drilling services through their majority-owned subsidiary Ocean Rig UDW (ORIG), which specializes in the ultra-deepwater and harsh-environment segment of the offshore drilling industry. DryShips operates...

2014-06-18 08:22:01

PIRAEUS, Greece, June 18, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") today announced that the Company completed the $44.8 million balance sheet program ("program") with Magna Group Partners Limited ("MGP") and Hanover Holdings I, LLC ("Hanover"). Through this program NewLead enhanced its balance sheet by $44.8 million by settling past-due indebtedness. The program allowed NewLead to complete the acquisition of one newbuilding eco-type 35,000...

2014-06-17 16:20:36

PIRAEUS, Greece, June 17, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") today announced that Ironridge Global IV, Ltd. ("Ironridge") has inappropriately, again, exercised "self-help" in directing the transfer agent to issue shares to it, after conceding in court that NewLead had made an election to pay the dividend and embedded dividend liability of the Promissory Note ("Note") in cash. NewLead has given notice of this election and, without...

2014-06-16 12:21:19

PLYMOUTH MEETING, Penn. and SAN DIEGO, June 16, 2014 /PRNewswire/ -- General Dynamics NASSCO, a wholly owned subsidiary of General Dynamics (NYSE: GD), has entered into a contract with an affiliate of American Petroleum Tankers (APT), a wholly owned subsidiary of Kinder Morgan Energy Partners, L.P. (NYSE: KMP), for the design and construction of an additional 50,000 deadweight ton LNG-conversion-ready product carrier with a 330,000 barrel cargo capacity. Construction is scheduled to...

2014-06-12 08:21:31

PIRAEUS, Greece, June 12, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") announced today that on June 3, 2014, NewLead received a Temporary Restraining Order against Ironridge Global IV, Ltd ("Ironridge") enjoining the issuance of further common shares of NewLead pursuant to its Series A Preference Shares. On June 11, 2014, the United States District Court, Southern District of New York ("Court") determined that a Preliminary Injunction against...

2014-06-05 08:20:51

PIRAEUS, Greece, June 5, 2014 /PRNewswire/ -- NewLead Holdings Ltd. (NASDAQ: NEWL) ("NewLead" or the "Company") announced today that on June 3, 2014, the Company was granted a Temporary Restraining Order ("TRO"), against Ironridge Global IV, Ltd. ("Ironridge") prohibiting the further issuance of common shares in payment of dividends on Series A Preference Shares ("Preference Shares") of NewLead. The TRO is pending the hearing and decision on Petition for Preliminary Injunctive Relief...


Word of the Day
lunula
  • A small crescent-shaped structure or marking, especially the white area at the base of a fingernail that resembles a half-moon.
This word is a diminutive of the Latin 'luna,' moon.
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