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Marine Freight & Logistics

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Belships Reports Exact Number Of Considerations Shares Related To Acquiring Of Sofie Victory

Thursday, 6 Jun 2019

June 6 (Reuters) - Belships ASA ::REG-BELSHIPS ASA : EXACT NUMBER OF CONSIDERATIONS SHARES RELATED TO ACQUIRING OF SOFIE VICTORY AS.OF NET CONSIDERATION OF APPROXIMATELY USD 10 MILLION, USD 2.0 MILLION WILL BE PAID IN CASH.CONSIDERATIONS SHARES NOW SET TO 10.7 MILLION WITH 8.6 MILLION TO BE DELIVERED TO EGD ULTRA ECO AND 2.14 MILLION TO BE DELIVERED TO BLOSSOM SHIPMANAGEMENT.SHARES IS EXPECTED TO BE ISSUED BY END OF Q2 2019.OF NET CONSIDERATION OF ABOUT $10 MILLION, $8 MILLION TO BE SETTLED BY ISSUANCE OF NEW BELSHIPS SHARES TO SOFIE VICTORY SELLERS AS AT NOK 7/SHARE.

Star Bulk Carriers Agrees To Acquire Eleven Dry Bulk Vessels From Delphin Shipping LLC

Tuesday, 28 May 2019

May 27 (Reuters) - Star Bulk Carriers Corp ::. AGREES TO ACQUIRE ELEVEN DRY BULK VESSELS FROM DELPHIN SHIPPING LLC.STAR BULK CARRIERS - DEAL FOR AGGREGATE PURCHASE PRICE OF $139.5 MILLION PAYABLE IN FORM OF $80.0 MILLION IN CASH AND 4.503 MILLION COMMON SHARES OF STAR BULK.STAR BULK - AS A RESULT OF TRANSACTION, ENTITIES AFFILIATED WITH KELSO ARE EXPECTED TO OWN APPROXIMATELY 4.6% OF OUTSTANDING COMMON SHARES OF CO.STAR BULK CARRIERS-CASH PORTION OF DEAL TO BE FINANCED WITH PROCEEDS OF NEW 7-YEAR CAPITAL LEASE OF UPTO $93.6 MILLION WITH CHINA MERCHANTS BANK LEASING.CASH PORTION OF DEAL TO BE FINANCED ALSO WITH AN ADDITIONAL TRANCHE OF $15.0 MILLION FOR FINANCING OF SCRUBBERS.

Global Ship Lease Announces Agreement To Acquire Three Containerships

Thursday, 23 May 2019

May 23 (Reuters) - Global Ship Lease Inc ::GLOBAL SHIP LEASE ANNOUNCES AGREEMENT TO ACQUIRE THREE CONTAINERSHIPS.GLOBAL SHIP LEASE INC - PROPOSED DEAL FOR PURCHASE PRICE OF $48.5 MILLION..GLOBAL SHIP LEASE INC - UPON DELIVERY DURING Q2, FIRST VESSEL WILL COMMENCE A FIVE-YEAR CHARTER WITH MAERSK LINE.GLOBAL SHIP LEASE INC - COMPANY HAS SECURED NEW SENIOR SECURED BANK DEBT TO FINANCE A PORTION OF PURCHASE PRICE.GLOBAL SHIP LEASE INC - NEW DEBT IS ON MARKET TERMS WITH A MATURITY OF LATE 2024..GLOBAL SHIP LEASE - TWO OTHER VESSELS ARE EXPECTED TO BE DELIVERED DURING Q3.GLOBAL SHIP LEASE - TWO OTHER VESSELS WILL COMMENCE 3-YEAR CHARTERS WITH MAERSK LINE, WITH TWO CONSECUTIVE ONE-YEAR EXTENSIONS AT CHARTERER'S OPTION.

Dryships Inc. Announces Acquisition Of Vessel

Saturday, 4 May 2019

May 3 (Reuters) - DryShips Inc ::DRYSHIPS INC. ANNOUNCES ACQUISITION OF VESSEL.DRYSHIPS INC - AGREED TO ACQUIRE ONE NEWCASTLEMAX DRYBULK CARRIER FOR A PURCHASE PRICE OF ABOUT $50.0 MILLION.DRYSHIPS INC - PURCHASE INCLUDES EXISTING FINANCING IN PLACE AND WILL BE EFFECTED BY WAY OF LONG-TERM BAREBOAT CHARTER PARTY WITH PURCHASE OBLIGATION.DRYSHIPS INC - VESSEL IS EXPECTED TO BE DELIVERED TO DRYSHIPS IN THE SECOND QUARTER OF 2019.

DFDS Invests DKK 10 Mln In Biofuel Developer Mash Energy

Thursday, 25 Apr 2019

April 25 (Reuters) - Dfds A/S ::DFDS INVESTS IN BIOFUEL DEVELOPER MASH ENERGY.IS INVESTING IN START-UP COMPANY MASH ENERGY APS.MASH ENERGY APS PRODUCES BIOFUEL FROM AGRICULTURAL WASTE, CURRENTLY FROM BY-PRODUCTS OF NUT PROCESSING IN TANZANIA AND INDIA.GOAL IS TO DEVELOP A COMMERCIALLY VIABLE ALTERNATIVE TO FOSSIL FUELS, INCLUDING TESTING ON A DFDS FERRY.INVESTMENT COMPRISES DKK 10M MADE IN THREE STAGES FOR A 24% OWNERSHIP SHARE OF COMPANY AFTER FINAL STAGE.

Kirby Corporation Closes Acquisition Of Cenac Marine Services Marine Transportation Fleet

Friday, 15 Mar 2019

March 14 (Reuters) - Kirby Corp ::KIRBY CORPORATION CLOSES THE ACQUISITION OF THE CENAC MARINE SERVICES MARINE TRANSPORTATION FLEET.

Star Bulk Carriers Corp. Acquisition Of Own Shares

Saturday, 16 Feb 2019

Star Bulk Carriers Corp ::STAR BULK CARRIERS CORP. ACQUISITION OF OWN SHARES.

CMA CGM launches its public tender offer for CEVA shares

Tuesday, 12 Feb 2019

Feb 12 (Reuters) - CMA CGM/CEVA Logistics AG ::* CMA CGM launches its public tender offer for CEVA shares.* Offer price of CHF 30 per share, open from February 12 .* CMA CGM says the board of CEVA Logistics is fully aligned with the offer .* CMA CGM reiterates that the combined group will become a global leader in transport and logistics.

First Ship Lease Trust Says Units Enter Deal To Construct Two LR2 Product Tankers

Thursday, 13 Dec 2018

Dec 13 (Reuters) - First Ship Lease Trust ::TWO UNITS OF CO HAVE ENTERED INTO SEPARATE CONTRACTS WITH COSCO SHIPPING HEAVY INDUSTRY (YANGZHOU) CO., LTD.DEAL FOR $97.6 MILLION.DEAL TO CONSTRUCT TWO LR2 PRODUCT TANKERS.

Safe Bulkers Enters Into A Agreement For The Acquisition Of A Japanese Post-Panamax Class Dry-Bulk Vessel

Tuesday, 27 Nov 2018

Nov 26 (Reuters) - Safe Bulkers Inc ::SAFE BULKERS, INC. ENTERS INTO A MEMORANDUM OF AGREEMENT FOR THE ACQUISITION OF A JAPANESE POST-PANAMAX CLASS DRY-BULK VESSEL.SAFE BULKERS INC - VESSEL IS EXPECTED TO BE DELIVERED WITHIN FIRST HALF OF 2020..SAFE BULKERS INC - HAS OPTION TO FINANCE UP TO 50PCT OF PURCHASE PRICE OF VESSEL THROUGH PERIODIC ISSUANCE OF COMPANY'S COMMON STOCK TO SELLER..SAFE BULKERS INC - CASH COMPONENT OF PURCHASE PRICE WILL BE FINANCED WITH CASH ON HAND..

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