Shipowner and operator Euroseas Ltd.
Ships & Shipbuilding
News & Analysis
18 Jun 2013
The Coast Guard has told Horizon Lines the carrier can convert two steam-powered ships to LNG and diesel propulsion in non-U.S. shipyards and still be able to operate the vessels in the Jones Act domestic trade.
14 Jun 2013
Seaspan has accepted delivery of the MOL Excellence, a 4,600 20-foot-equivalent unit container ship.
14 Jun 2013
A.P. Moller-Maersk will pay about $100 million less than expected for its 20 Triple E vessels ordered from South Korea’s Daewoo Shipbuilding & Marine Engineering, The Economic Times reports.
10 Jun 2013
Ship finance is so scarce that the glut of vessel capacity that’s depressing freight rates in the major east-west trades this year could vanish by 2016 unless shipowners and shipping lines find new ways to finance orders for the fuel-efficient ships they’ll need if they hope to lower their costs.
07 Jun 2013
A corporate bond issued by Rickmers Holding is trading on the Frankfurt Stock Exchange after raising 175 million euros ($231 million) for the Hamburg-based shipping company.
07 Jun 2013
The first of Maersk’s 20-strong Triple E vessels is currently undergoing sea trials in Korea.
06 Jun 2013
On July 1, Singapore’s Green Ship Program will be expanded to recognize Singapore-flag ships that adopt approved sulfur oxide scrubber technology that goes beyond existing International Maritime Organization’s emissions requirements.
04 Jun 2013
SinOceanic Shipping ASA signed a $154.4 million sale and charter-back deal for a 13,100-TEU container ship as part of a refinancing of one of the Oslo-based company’s subsidiaries.
30 May 2013
Costamare, the Greek container ship charter owner, has formed a joint venture with U.S. investment group York Capital Management to spend $500 million on vessel acquisitions.
Companies in the news
Jun 5, 2013 2:00PM EDT
Commentary
Torn and Tattered