With traditional sources of capital unavailable we are currently seeing more interest than ever before from alternative capital providers. The options for a shipping company include debt restructuring less severe strategies (amend debt terms, waivers, refinance debt and more severe strategies file for bankruptcy protection and sell assets). Analysts suggest that shipping companies need to [...]
RINA is celebrating its ties with Greece on its 150th anniversary. Formed in Genoa, Italy, in 1861 as a ship classification society, RINA is today a global multi-disciplinary and multi-cultural company with growing business in Greece and the surrounding region. Speaking at a reception to mark the event held on board the SS Hellas Liberty [...]
The 2nd Safety4Sea Forum, a PRO BONO event, successfully completed on 5th of October 2011 in Eugenides Foundation, Athens, covering a wide range in QHSE issues. The event has been well attended by over 340 delegates at the venue representing more than 170 companies, plus more than 100 persons watching live streaming. The event organized [...]
Marine Money Greek Shipfinance Conference, Christina Anagnostara: “Borrowers need to be proactive and transparent in their relationships with their creditors”,…
HEMPIRA expects substantial increase of its membership in the next renewal, Boarding and leaving a vessel at sea, Manos Lorentzos: “The softening of H&M market cannot be continued”…
Consistent to its fleet growth policy with newbuilding and modern second hand bulk carriers Nasdaq listed Star Bulk Carriers has recently named two newbuilding vessels at Hanjin Heavy Industries & Construction in Subic Bay at Philippines. The two capesizes are the 179.600dwt “Star Borealis” which was delivered and began a 10 year charter with STX [...]
By Harry N. Vafias, CEO & President of StealthGas Inc.
By Capt. Malcolm MacKenzie.
The Greek Shipping community showed up in force with more than seventy participants at the annual Seagull User Meeting held in the early evening of October 19th at the Athenaeum Intercontinental Hotel, Athens. As part of this meeting Seagull welcomed NewsLink as a valued co-host. The Seagull User Meetings have been designed for the local [...]