DryShips shares plummet

DryShips shares took a nosedive Monday after the company nixed a $700m bond offering and as shipping shares suffered across the board.

George Economou

The Nasdaq-listed shipowner’s shares lost 21% to close the day at $1.47, putting it as the biggest decliner among sharply declining maritime stocks. The drop slashed $169m from the company’s market capitalisation.

As TradeWinds reported earlier in the day, DryShips announced that it withdrew a $700m secured notes offering aimed at refinancing existing convertible notes.

Still, chief executive officer George Economou said that with a $350m bridge loan and a $100m in proceeds from refinancing of another loan, the company is confident it will refinance the notes “in a timely manner”. The $700m in existing convertible notes, which have a

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Australian Owner Orders Innovative LNG-Powered RoRo Ferry From FSG

Australian Owner Orders Innovative LNG-Powered RoRo Ferry From FSG

 

                        

 

Flensburger-Schiffbau-Gesellschaft (FSG) has chalked up yet another global sales success by signing a contract with the Australian shipping company SeaRoad for a 181m long RoRo ferry ship new building. What is special about this ship however is that it will be the first of its kind for FSG to be powered by extremely eco-friendly LNG – liquefied natural gas – rather than by Diesel or heavy oil.

FSG and SeaRoad have been working intensively over the past years on this project which can now successfully move on into a new phase with the signing of this contract. For FSG Managing Director Peter Sierk this is very much more than just another contract.

“On the one hand, our shipyard is to

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Grimaldi: “Reducing the Port Authorities in Italy would be a mistake”

Grimaldi: “Reducing the Port Authorities in Italy would be a mistake”

Heraklion - Interview with the President of the Italian shipowners, Manuel Grimaldi

Heraklion -“I think that the port reform law should be drawn up at a table where only three ‘people’ are sitting: Minister Lupi, Assoporti and Confitarma”. Those were the words of the President of the Italian shipowners, Manuel Grimaldi, who gave a speech on the side-lines of the Euromed Convention held in Crete.“This ‘table’ should only host the Minister, the people who pay the bill (us) and the people providing the services (the ports). We shouldn’t have one port holding its own ‘table’ in secrecy, then another one… another table at the Ambrosetti

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Trasmediterránea no está en venta.


Acciona sale al paso de los rumores de venta a Balearia.

El presidente de Trasmediterránea habría enviado una carta saliendo al paso de los rumores de venta a Balearia.

Según ha apuntado  el diario digital www.02b.com, Vega Penichet su presidente lo habría hecho por escrito y aduciendo que esa operación con Balearia es inviable jurídicamente, por que las autoridades de la competencia se opondrían.

En un giro de 180º grados ante anteriores declaraciones ahora el presidente dice estar interesados en expandir las operaciones de Trasmediterránea.

Hasta ahora Acciona como otras constructoras presionadas para reducir su deuda tenía un plan de desinversión en activos no estratégicosque incluía a Trasmediterránea cosa que han reiterado varias veces; pero la mejora económica puede fortalecer su idea de

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Navieras analizarán futuro de los puertos en congreso de Amanac

 

Por:
Redacción T21

 

 

El sector marítimo-portuario iniciará hoy un análisis de las reformas estructurales impulsadas por el Gobierno Federal y su impacto en el comercio exterior, la capacidad instalada de los puertos marítimos, la sobrerregulación para ingreso o salida de carga desde y hacia el país y el reto de mantener la competitividad de los principales puertos comerciales frente a los de Latinoamérica (Latam), que se alzan como un desafío.

Entre las consideraciones que las navieras, agentes aduanales, tripulantes y actores del comercio marítimo nacional e internacional realizarán en el congreso de la Asociación Mexicana de Agentes Navieros (AMANAC)que

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