SHIPPING
COSCO Shipping Ports’ Profit, Revenue Jump in 3Q
Hong Kong’s port operator COSCO Shipping Ports (CSP) delivered a rise in profit attributable to equity holders, as revenue surged…
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DryShips to Purchase Quartet from Economou Entities
Greece-based ship owner and operator DryShips has reached an agreement to buy four vessels from entities owned by its Chairman…
Cyprus: Revenue from ship management climbs to a five-year high
Revenue generated by the Cyprus ship management industry in the first half of 2018 amounted to €506 mln, or 5.1%…
New, bigger cranes for Limassol port
Limassol port container terminal operator Eurogate said it has taken delivery of two new gantry cranes that will enable the…
Costamare Gets Funds for Newbuilds, Opts for Scrubbers
Greek shipping company Costamare Inc. had a busy third quarter of 2018 as it secured financing for newbuildings, decided to…
Star Bulk Repays All Debt from 2016 Finance Restructuring
Greece-based shipping firm Star Bulk Carriers has made way for vessel acquisitions and dividend payments as it cleared all debt…
European Shipowners Welcome EU-Singapore Trade Deal
European shipowners welcomed the free trade agreement between the EU and Singapore, which was signed during last week’s Asia-Europe summit.…
