Search results for: NewLead

165256 results

A list of search results

  • 4 March 2015
    Business & Finance

    Piraeus-based dry bulk and petroleum shipping company NewLead Holdings has entered into a contract of affreightment for one of its dry bulk vessels, the 1990-built Panamax Newlead Markela. The contract is for the transportation, anticipated to be completed within a twelve month period, of approximately 704,000 tons of aggregates over eleven consecutive voyages. The Newlead […]

  • 25 February 2015
    Business & Finance

    The Greek dry bulk carrier and tanker operator NewLead Holdings has entered into its first contract of affreightment with an undisclosed client for one of the five bitumen tankers recently added to the fleet.  The 2009-built Katerina L has been chartered for a period of ten months, and will ship a minimum of 31,000 tons of bitumen over […]

  • 20 May 2015
    Business & Finance

    Greek dry bulk carrier and tanker operator NewLead Holdings has entered into a time charter contract for one of its recently delivered bitumen tankers, the 2009-built Ioli, for a minimum of one year. The vessel has already been delivered to an undisclosed charterer,  who has the option to extend the time charter contract for up to […]

  • 28 January 2015
    Business & Finance

    Greek shipping and logistics company NewLead Holdings has bought and leased five bitumen tankers, expanding its fleet to ten vessels in less than a year. NewLead bought three bitumen tankers, the 5887 dwt Captain Nikolas I, the 3,416 dwt Nepheli and the 2,888 dwt Sofia, for a purchase price of approximately USD 21 million, to be paid through a […]

  • 14 July 2016
    Business & Finance

    Greece-based dry bulk carrier and tanker operator NewLead Holdings Ltd. has generated over USD 15.7 million in operating revenues from its bitumen tankers and shipped over 3.1 million barrels of bitumen in 2015. The company’s bitumen fleet utilization was 92.7 percent during the year as NewLead’s number of available days and operating for the bitumen tanker vessels […]

  • 25 September 2015
    Business & Finance

    Piraeus-based dry bulk and petroleum shipping company NewLead Holdings has entered into a time charter contract for one of its dry bulk Eco-type Handysize vessels, the Newlead Castellano, for two consecutive voyages, anticipated to be completed by the end of November 2015. The vessel was delivered to the charterers at the beginning of September at a […]

  • 25 September 2015
    Business & Finance

    Piraeus-based dry bulk and petroleum shipping company NewLead Holdings has entered into a time charter contract for one of its dry bulk Eco-type Handysize vessels, the Newlead Castellano, for two consecutive voyages, anticipated to be completed by the end of November 2015. The vessel was delivered to the charterers at the beginning of September at a […]

  • 9 April 2014
    Business & Finance

    NewLead, an international shipper that owns a fleet of dry bulk carriers and double-hull product tankers, continues with its restructuring and is now just a steep closer to acquire two second-hand Panamax ships. The company has signed a term sheet with a leading financial institution to provide 75% debt financing for the two vessels for […]

  • 22 June 2012
    Business & Finance

      NewLead Holdings Ltd. yesterday announced that the Company entered into an agreement with Piraeus Bank S.A. to proceed with the sale of the two tanker vessels, Hiona and Hiotissa, for an aggregate amount of $57.0 million and to convert, subject to satisfaction of certain conditions precedent by the Company, $18.1 million debt into 22.1 […]

  • 15 November 2011
    Business & Finance

    NewLead Holdings Ltd., an international shipping company owning and operating tankers and dry bulk vessels, announced that on November 10, 2011, the “Newlead Gujarat,” a new geared Kamsarmax dry bulk vessel of 79,263 dwt, was delivered from Cosco Dalian Shipyard Co. to NewLead’s fleet. The “Newlead Gujarat” is the second geared Kamsarmax that NewLead built […]

  • 12 March 2012
    Business & Finance

      NewLead Holdings Ltd., an international shipping company owning and operating tankers and dry bulk vessels, today announced the completion of the sale of the four LR1 product tankers and one Panamax dry bulk vessel, the 1990-built “Newlead Esmeralda”. The sale of these vessels was conducted as part of the Company’s overall financial restructuring plan. […]

  • 23 September 2014
    Business & Finance

    NewLead Holdings Ltd. has taken delivery of the “Newlead Castellano”, a 2013-built dry-bulk eco-type Handysize vessel of 35,542 dwt, on September 16, 2014. The company said that Newlead Castellano was trading on the spot market and was expected to generate approximately $1.7 million EBITDA per year assuming $1.73 million yearly operating expenses. The Newlead Castellano […]

  • 21 January 2013
    Business & Finance

    NewLead Holdings Ltd., announced on Friday that Michael Zolotas, president and chief executive officer of NewLead, will assume the role and responsibilities of chairman of the Company following the recent resignation of Nicholas Fistes as chairman and director of the Company. Michael Zolotas, chairman, president and chief executive officer of NewLead, stated, “I would like […]

  • 14 March 2014
    Business & Finance

    NewLead Holdings Ltd. (NewLead) has executed definitive agreements for the acquisition of two eco-type 31,800 dwt, Handysize bulk carriers built in 2012 for a total acquisition price of $37.0 million. The two eco-type vessels are expected to be delivered in NewLead by the end of June and July this year. Upon completion of this acquisition, […]

  • 6 April 2012
    Business & Finance

    NewLead Holdings Ltd. announced yesterday that the Company has recently completed the redelivery of four dry bulk vessels, the “Australia”, the “Brazil”, the “China” and the “Grand Rodosi”, to their owners, which are affiliates of Lemissoler Maritime Company W.L.L. As previously announced, NewLead had signed an agreement with Lemissoler for the sale and leaseback of […]

  • 17 December 2014
    Business & Finance

    Bermuda-registered shipowner NewLead Holdings Ltd. said it had reached a full and final settlement with equity investor Ironridge Global IV on December 11, 2014 of all disputes between the parties. Pursuant to the settlement, the arbitration proceedings between the parties have been terminated. In addition, the Share Subscription Agreement entered into on March 4, 2014 and […]

  • 11 March 2015
    Business & Finance

    Greek-based shipping company NewLead Holdings Ltd has closed a USD 10 million loan with TCA Fund Management Group (TCA). The initial draw will be set at USD 4,2 million, TCA said. “We have been in talks for over a year, with TCA witnessing our growth from just two vessels to over 10 in less than a year. We […]

  • 14 November 2012

    The Greek shipowner NewLead Holding is determined to reclaim $16.4m in unpaid charter fees owed by Taiwan’s Today Makes Tomorrow (TMT), the Shipping Herald reports. NewLead makes constant monitoring on its fleet and investments, NewLead spokesperson said and added: “NewLead’s next step is to target assets in the UK that belong to TMT or Nobu […]

  • 16 August 2011
    Business & Finance

    NewLead Holdings Ltd., an international shipping company owning and operating tankers and dry bulk vessels, today announced that on August 12, 2011, First Business Bank (“FBB”) and NewLead entered into a sale agreement for two vessels, the Newlead Prosperity and the Newlead Spartounta. Pursuant to the terms of the sale agreement, the Company will cooperate […]

  • 2 August 2011
    Business & Finance

    NewLead Holdings Ltd., an international shipping company owning and operating tankers and dry bulk vessels, today announced that on July 28, 2011, the “Navios Serenity,” a new Handysize dry bulk vessel of 35,000 dwt, was delivered from a Korean shipyard to NewLead’s fleet. Mr. Michael Zolotas, president, chief executive officer and interim chief financial officer […]

  • 4 December 2013
    Business & Finance

      NewLead Holdings Ltd. (NewLead) announced today that it has recently agreed to acquire one newbuilding Eco Type geared double hull Handysize dry bulk vessel for a purchase price of $19.5 million. The vessel is 35,000 dwt and is expected to be delivered in the third quarter of 2014. Mr. Michael Zolotas, chairman and chief […]

  • 12 October 2011
    Business & Finance

      NewLead Holdings Ltd., an international shipping company owning and operating tankers and dry bulk vessels, today announced that it has recently received a second favorable arbitration award against TMT Bulk Corp. for $1,969,821.75 inclusive of interest and costs. This is the second favorable arbitration award to NewLead. The total amount received to date, under […]