Shipping
CNCo new Vancouver office to spur dry bulk growth
(Posted on 16/08/18)The China Navigation Company (CNCo), has celebrated the official opening of its new branch office this month in Vancouver, British Columbia, Canada.The opening ceremony was attended by The Honourable, Bruce Ralston, Minister of Jobs, Trade & Technology, British Columbia, who unveiled a plaque in the CNCo office located at W...
CSL releases Corporate Sustainability Report
(Posted on 16/08/18)The CSL Group has released its 2017 Corporate Sustainability Report, detailing the company’s progress over the past year on a wide range of sustainability goals.The report features CSL’s sustainability performance for the 2017-18 fiscal year and covers results and ongoing initiatives in the areas of governance, safety...
Seanergy’s positive momentum
(Posted on 16/08/18)Seanergy Maritime Holdings Corp. has announced its financial results for the second quarter and six months ended June 30, 2018. For the quarter ended June 30, 2018, the Company generated net revenues of $16.8 million, an 8% decrease compared to the second quarter of 2017. For the six-month period ended June 30, 2018, net revenues...
DryShips returns to second-quarter profitability
(Posted on 02/08/18)Nasdaq-listed DryShips Inc. , a diversified owner and operator of ocean going cargo vessels, has announced its unaudited financial and operating results for the quarter ended June 30, 2018. The company, founded in 2004 by its current Chief Executive Officer, George Economou, has suspended its dividend, preferring instead to spend...
CJC strengthens Admiralty and Casualty teams
(Posted on 02/08/18)Specialised international shipping law firm Campbell Johnston Clark (CJC) has announced new senior appointments to the Admiralty and Casualty teams in its London and Singapore offices. Paul Apostolis is joining CJC’s Singapore office from HFW Singapore while Andrew Gray joins as a partner in London from Clyde &...
Scorpio’s loan facility commitment
(Posted on 02/08/18)Scorpio Bulkers Inc. has announced that the Company has received a commitment from ABN AMRO Bank N.V. and Norddeutsche Landesbank Girozentrale for a loan facility of up to $60.0 million. The loan facility will be used to finance up to 60% of the fair market value of two Ultramax dry bulk vessels (SBI Perseus and SBI Phoebe)...
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