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Latest Panamax Stories

2014-08-12 08:40:19

New community resource for creating complex Docker architectures MONROE, La., Aug. 12, 2014 /PRNewswire/ -- CenturyLink, Inc. (NYSE: CTL) today announced the contribution of Panamax, a Docker management platform, to the open-source community. Ideal for even the most complex Docker architectures, Panamax gives developers a single management platform to easily create, share and deploy any Docker-containerized application. http://photos.prnewswire.com/prnvar/20090602/DA26511LOGO...

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...

2014-06-12 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...

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...

2014-05-12 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....

2014-04-08 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....


Word of the Day
omphalos
  • The navel or umbilicus.
  • In Greek archaeology: A central boss, as on a shield, a bowl, etc.
  • A sacred stone in the temple of Apollo at Delphi, believed by the Greeks to mark the 'navel' or exact center-point of the earth.
'Omphalos' comes from the ancient Greek.
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