Hunter Maritime Acquisition Corp. Agrees Purchase of Five Identified Capesize Dry Bulk Vessels for a Total of $139.4 mil

Hunter Maritime Acquisition Corp. announced that it has entered into definitive agreements pursuant to which it has agreed to purchase, for an aggregate purchase price of $139.4 million in cash

COSCO Corp. and European owner agree to extend delivery date for a bulk carrier

The Board of Directors of COSCO Corporation (Singapore) Limited on Dec. 15 announced that COSCO (Zhoushan) Shipyard Co., Ltd., a subsidiary of the Company’s 51% owned subsidiary, COSCO Shipyard Group Co.

Seanergy Maritime Holdings Corp. Expects Improved Second Half Financial Results, On Better Dry Bulk Market Conditions

Seanergy Maritime Holdings Corp. announced its financial results for the second quarter and six months ended June 30, 2016.

Cosco Corp hit by loss in Q1 amid tough shipbuilding and bulk market

Cosco Corporation (Singapore) Limited has been hit by a deep loss in the first quarter of 2016 as against a...

Teekay Corp delivers stellar rise in profit for 2015

Teekay Corp has recorded a stellar improvement in profit for 2015 compared to the previous financial year, aided by growth of various projects during the year and the strong tanker shipping market. ...

China Cosco Shipping Corp officially established

Newly formed China Cosco Shipping Corporation Limited has been officially launched on Thursday in Shanghai, gelling together China’s two biggest state-owned shipping conglomerates – China Cosco Group and China Shipping Group (CSG). ...

Cosco Corp sinks to 2015 loss on poor shipyard and shipping markets

Cosco Corporation (Singapore) Limited has been hit by a loss in 2015, reversing from the profit of 2014 as the company is weighed down by poor markets for both shipyard and shipping businesses. ...