Search results for: holdings

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  • 25 May 2015
    Business & Finance

    Goldenport Holdings Inc, Athens-based owner and operator of a fleet of dry bulk and container vessels, has taken full ownership of two 2009-built bulkers. The acquisition comes in the wake of termination of a joint venture company established with Topley Corporation, the Sentinel Holdings Inc. (Sentinel). Goldenport and Topley, a subsidiary of Glencore International AG, agreed the termination […]

  • 29 October 2019
    Exploration & Production

    Singapore’s offshore service rigs provider Ezion Holdings had entered into a conditional sale and purchase agreement for three jack-up rigs with TK and HR Services S.A. de C.V.

  • 25 June 2014
    Business & Finance

    Nautilus Holdings Ltd, a privately-held containership owner, and several affiliates have sought relief in Chapter 11 to keep their ship leasing business alive, which has been engulfed in $770 million of debt. The company joins other shippers that have fallen victims to sluggish market conditions and dip of international shipping rates brought about by appearance […]

  • 7 January 2016
    Business & Finance

    Singapore-based Vallianz Holdings on January 6, 2016, entered into two agreements to purchase two new built vessels for a total amount of $21.8 million.  The agreement was signed through Vallianz’s wholly owned subsidiary, Vallianz Engineering, but Vallianz did not reveal the name of the owner of two vessels. Vallianz is a vessel owner providing chartering, brokering, vessel management and marine marketing […]

  • 1 July 2007

    The 32nd America’s Cup Match is on ‘pause’ today, a scheduled off day on the race calendar. Yesterday, shifty, unstable conditions saw racing postponed for the day, making this effectively a two day break in the schedule.

  • 23 December 2015
    Business & Finance

    Greek owner and operator of dry bulk and container vessels Goldenport Holdings concluded the sale of three container vessels yesterday. Pursuant to the extraordinary general meeting (EGM) resolution dated November 23, 2015, the company completed the sale of the 1996-built 5,551 TEU container vessel Fortunate, 1992-built 970 TEU container vessel Gitte and 1992-built 970 TEU container vessel […]

  • 18 March 2015
    Business & Finance

    Navigator Holdings Ltd. has reported both record revenue of USD 78.4 million and net income of USD 24.3 million for the fourth quarter of 2014. This is an increase of USD 11.1 million, or 16.5%, when compared to the USD 67.3 million of operating revenue for the three months ended December 31, 2013. The company attributed the rise to increases in the weighted […]

  • 17 March 2015
    Business & Finance

    Bermuda-headquartered crude oil tanker company DHT Holdings has agreed on charters for four of its tankers, one VLCC, two Aframaxes and one Suezmax. The VLCC DHT Chris has been chartered to an unnamed commodity house for a period of about 10 months from February 2015 at a rate of USD 45,000 per day. The two Aframax vessels, […]

  • 17 August 2018
    Business & Finance

    DHT Holdings agreed to exchange existing convertible notes due 2019 and entered into private placement contracts.

  • 21 May 2007

    Desafío Español 2007 continues to hold on to hope in its Semi Final series against the top ranked challenger Emirates Team New Zealand. A win by the Spanish on Sunday brought the scoreline to 4-2. The Kiwis need one more win to advance to the FInal, while Karol Jablonski’s Spanish squad is fighting for its […]

  • 24 March 2017
    Business & Finance

    A slowdown in global trade, weak commodity prices and a strong USD continued to negatively affect Norwegian rolling cargo shipping specialist Wilh. Wilhelmsen Holding group’s (WWH) total income. Although the company’s operating profit for the full year 2016 increased to USD 327 million from USD 122 million seen in 2015, Wilh. Wilhelmsen Holding’s operating revenue for the period […]

  • 14 April 2016
    Business & Finance

    Rickmers Holding AG and E.R. Capital Holding GmbH & Cie. KG are reviewing a potential merger of their shipmanagement units – Rickmers Maritime Services and E.R. Schiffahrt – into a global joint venture. The companies have signed a declaration of intent to create a new company that would manage around 220 vessels. The joint statement said that […]

  • 30 August 2016
    Business & Finance

    Rickmers Holding AG and E.R. Capital Holding have decided not to pursue the merger of their ship management units – Rickmers Maritime Services and E.R. Schiffahrt – for the time being. Rickmers, a service provider in the maritime transport sector and a containership owner based in Hamburg and Singapore, and E.R. Capital Holding, a financial holding […]

  • 30 March 2020

    Yilport Holding is working with Konecranes Ports Services to recommission 23 port cranes at Italy’s Taranto Port.

  • 9 May 2019
    Business & Finance

    DHT Holdings returned to profitability in the first quarter of this year.

  • 12 February 2019
    Business & Finance

    Yilport Holding’s worldwide terminals handled 5% more volumes in 2018, compared to a year before.

  • 29 January 2019
    Business & Finance

    COSCO SHIPPING Holdings Co. has raised USD 1.1 billion (RMB  7.7 billion) from a private share offering. 

  • 2 November 2018
    Business & Finance

    DHT Holdings extended time-charters for two of its VLCCs to an unnamed oil major.

  • 24 October 2018
    Business & Finance

    Ecuador’s first deep sea terminal, Yilport Puerto Bolívar, orders new cranes to boost terminal capabilities.

  • 16 May 2017
    Business & Finance

    In a written response to the board of DHT Holdings, John Fredriksen’s tanker operator Frontline has again requested that the company’s board engage in “good faith negotiations” on the earlier proposed business combination between the parties. Additionally, Frontline asked the board of Bermuda-based DHT Holdings to redeem the poison pill and permit the tanker operator to take its offer […]

  • 4 December 2012

    As 2013 looms, it is time to take a look at what 2012 has brought the maritime and offshore industries. Various trade associations voice their opinions on what has happened and what is to be expected next year. “Honestly, there is so much uncertainty, turbulence and change in the world that this past year was […]

  • 13 February 2015
    Business & Finance

    Malaysian port operator Westports Holdings Berhad achieved record operational revenue of RM 1.50 billion and profit after tax of RM 512 million (USD 141.2 million) in 2014. The record level of operational revenue in 2014, increased by 11.5%, has been supported by the expansion of container terminal (CT 7), enabling  Westports to raise its performance to record level of […]