Financial platform teams with new investors to buy Turkish fleet for new pool
Start-up MPP Shipping and Germany’s Grona Shipping build initial multipurpose operation to 14 ships, with more consolidation planned
Bulkers
2020 Bulkers now has zero bulkers after selling its last two vessels
Net book gains of $178m from the sale of its six vessels will follow next year
Darren Maupin lifts Navios Partners stake above 17% — and closer to Angeliki Frangou’s holding
Swiss fund manager adds shares on his own account, on top of stake held through Pilgrim Global firms
US-listed EuroDry expands Greek loan book in debut deal with CrediaBank
Greek ship owners rely ever more on local lenders to roll over debt and finance growth
‘If you want to go far, then go with a partner’: Bahri chief targets dry bulk growth
Company invites future partners to collaborate as it targets iron ore, sulphur and coke
Costamare Bulkers banks $44m gain from six sales as it targets bigger ships
Greek owner also progressing its cooperation with charterer Cargill
Predicting capesize bonanza, Seanergy ups dividend and confirms debut newbuilding
Public bulker company expects ‘sustained period of strong rates’ for its business
Oldendorff-backed lender builds shipping book amid ‘massive’ credit supply
Maritime & Merchant Bank says pressure is being exerted on lending margins
Lomar sponsors two shipping students in memory of former boss Achim Boehme
‘Exceptional’ duo are taking international shipping & chartering degree
HMM profit hammered as container ship rates plunge
South Korean owner says operating margin was stable