Greece
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Greece council recommends 60 euro limit on ATM withdrawals from Tuesday
ATHENS: Economists with PhDs and hedge-fund traders can barely stay on top of the vagaries of Greece’s spiraling debt crisis....
Investors sue OW Bunker for $120m
ATHENS: Danes who invested in OW Bunker’s initial public offering (IPO) are suing the now-defunct bunker supplier for DOK 800m...
GC Rieber refinances five survey vessels with $226m in loans
ATHENS: Norway’s GC Rieber Shipping has refinanced five of its research/survey vessels with $226m in loans from two banking consortia....
Capesize market index grows by 810Pts to 1,393Pts
ATHENS: The capesize market has advanced each consecutive trading day since June 11, with the Baltic Cape Index growing by...
Top Greece refiner, enough fuel supplies for months
ATHENS: Greece’s biggest oil refiner Hellenic Petroleum has enough fuel reserves to last for many months to meet market demand,...
EU ready to reaffirm debt rescheduling pledge to clinch Greece deal
ATHENS: Greece’s creditors see limited scope to accommodate Athens in talks on financing for reforms to clinch a deal on...
Greece debt sustainable, with new bailout
ATHENS: Greece debt will miss debt targets set out by creditors in 2012 but an analysis prepared for euro zone...
Greece’s creditor propose to target shipping sector
ATHENS: Greece’s shipping sector faces paying a higher tonnage tax, and a phase-out of the special tax allowances it has...
Anthony Veder orders 18,000-cbm LNG carrier from Germany’s Neptun Werft shipyard
ATHENS: Anthony Veder has ordered an 18,000-cbm LNG carrier from Germany’s Neptun Werft shipyard. After being delivered in late 2017,...
Cape index grows by 810pts in its consecutive trading
ATHENS: The capesize market has advanced each consecutive trading day since June 11, with the Baltic Cape Index growing by...
Greece’s creditors take aim at nation’s shipowners
ATHENS: Greece’s creditors are taking aim at the nation’s shipowners in a move that could see many more lines move...
ECB likely to cancel financial assistance to Greek bank
ATHENS: The European Central Bank is likely to cancel Emergency Liquidity Assistance (ELA) to Greece's banks on Sunday (today). According...
Singledecker Celtica Hav cargo ship catches fire off Aberdeen
ATHENS: A small general cargo vessel burst into flames around 10 nm off the port of Aberdeen, Scotland, forcing the...
Eurozone can help Greece to repay debt in 5 month bailout extension
ATHENS: The eurozone can help Greece repay maturing debt in the coming months with money that remains available to Athens...
FreeSeas acquires 51% stake in standcorp
ATHENS: NASDAQ-listed FreeSeas is pushing through a reverse stock split of the company’s issued and outstanding common stock at a...
General cargo ship catches fire off Aberdeen
ATHENS: A small general cargo vessel burst into flames around 10 nm off the port of Aberdeen, Scotland, forcing the...
Petrobras request US judge to throw out fraud case by investors
ATHENS: Petrobras, Brazil’s graft-racked state-run oil giant asked a US judge on Thursday to throw out a fraud case against...
Bailout talks stumble as Greece refuses to compromise
ATHENS: Brussels Ahead of a summit with European Union leaders on Thursday, a meeting between eurozone finance ministers and Greek...
Greece Lurches Closer to Default if not pays €1.5b to IMF
ATHENS: European officials resumed talks on Greece’s bailout on Thursday after a day of negotiations broke up in the early...
Star Bulk offloads ageing capsize 170,631dwt
ATHENS: Drybulk giant Star Bulk Carriers has sold ageing capesize Star Mega (170,631 dwt, built 1994) to an unnamed party....
