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Greek Tax Revisions to Impact Shipping Industry

29 May 2013
Changes recently approved by the Greek parliament regarding the country’s tax laws will impact companies in the shipping industry, according to Moore Stephens, an international accountant and shipping adviser.
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Diana Containerships Posts First Quarter Loss
21 May 2013
Diana Containerships today reported a net loss of $31.8 million in the first quarter of 2013, compared with a net income of $1.9 million in the first quarter of 2012.
 
Navios Maritime Holdings Reports Net Loss of $10.2 Million
21 May 2013
Navios Maritime Holdings today reported a net loss of $10.2 million in the first quarter of 2013, plummeting from a net profit of $9.5 million in the first quarter of 2012.
 
Euroseas Reduces Loss Despite Weaker Revenue
17 May 2013
Euroseas today reported a net loss of $4.6 million in the first quarter of 2013, improving from a net loss of $9.0 million in the first quarter of 2012.
 
Diana Containerships Sells Second Vessel for Scrapping
03 May 2013
Diana Containerships will scrap another container ship, cutting the number of vessels in its container fleet to nine.
 
Danaos Increases Earnings, Eyes Fleet Renewal
30 Apr 2013
Danaos posted higher earnings and revenue in the first quarter as the Greek charter shipowner unveiled plans to renew its container ship fleet.
 
Capital Product Partners’ Profit Soars in First Quarter
30 Apr 2013
Capital Product Partners today reported revenue in the first quarter was $40.0 million, including $0.3 million in profit sharing revenues, compared with $39.8 million in the same quarter in the previous year.
 
Box Ships' Profit Down 15 Percent in First Quarter
26 Apr 2013
Box Ships reported net income in the first quarter of 2013 of $4.0 million, down 15 percent from $4.7 million in the first quarter of 2012.
 
Diana Containerships Sells Vessel for Scrapping
17 Apr 2013
Diana Containerships, through a separate wholly-owned subsidiary, has signed a memorandum of agreement to sell its 1989-built vessel Maersk Madrid to an unaffiliated third party for demolition...
 
Evergreen Rearranges East Mediterranean Services
11 Apr 2013
Evergreen Line has adjusted its Greek Turkey Service, GTS, by adding a call at the Turkish port of Gebze.
 
Diana Shipping’s Profit, Revenue Decline
14 Mar 2013
Diana Shipping today reported net income in the fourth quarter of 2012 was $5 million, slumping 75 percent from $20.2 million in the fourth quarter of 2011.