Marine Transportation

Tsakos Energy Navigation Ltd prices offering of common shares

Tsakos Energy Navigation Ltd:Public offering of 11 mln common shares was priced at $7.30 per share.Gross proceeds from the offering are expected to be about $80.3 mln.Grants underwriters a 30-day option to purchase up to an additional 1,650,000 common shares.Plans to use the net proceeds of the...

Thursday, 24 Apr 2014

Knightsbridge Tankers Ltd and Frontline 2012 Ltd agree to create U.S. listed Capesize company with fleet of 39 modern vessels

Knightsbridge Tankers Ltd and Frontline 2012 Ltd:Agrees to combine Frontline 2012's remaining fleet of 25 fuel efficient vessels with Knightsbridge.Newbuildings have expected deliveries between September and September 2016, with five vessels delivering in 2014, 14 vessels in 2015 and six vessels in...

Thursday, 24 Apr 2014

Rederi Transatlantic AB elects Ernst & Young Aktiebolag as auditor

Rederi Transatlantic AB:Says its Annual General Meeting resolved, in accordance with proposal of nomination committee, to elect authorized audit firm of Ernst & Young Aktiebolag as auditor, with a mandate period ending with 2015 Annual General Meeting.Ernst & Young Aktiebolag appoints the authorized...

Thursday, 24 Apr 2014

KAWASAKI KINKAI KISEN expects extraordinary loss and raises full-year consolidated revenue outlook for FY 2014; reaffirms year-end dividend forecast for FY 2014

KAWASAKI KINKAI KISEN KAISHA LTD:Sees extraordinary loss of 453 mln yen as impairment loss on vessels, for fiscal year ended March 31, 2014.Full-year consolidated outlook for revenue of 45,600 mln yen raised from 45,100 mln yen, for fiscal year ended March 31, 2014.Full-year operating profit outlook...

Thursday, 24 Apr 2014

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