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Sovcomflot, NOVATEK, COSCO, Silk Road Fund sign joint venture agreement

During the 2019 St. Petersburg International Economic Forum, PJSC NOVATEK, PAO Sovcomflot, China’s COSCO SHIPPING Corporation Limited, and the Silk Road Fund Co., Ltd, signed a four-party agreement to establish a joint venture Maritime Arctic …

Jun 7, 2019 / Curious

Star Bulk Carriers Corp agrees to acquire eleven dry bulk vessels from Delphin Shipping LLC

Star Bulk Carriers Corp. (Star Bulk) (Nasdaq: SBLK, Oslo: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes announced yesterday that it has entered into an en bloc definitive agreement with entities controlled by …

May 28, 2019 / Vessels

Seadrill Partners LLC receives early termination notice for the West Capricorn contract

Seadrill Partners LLC (SDLP) has received early termination notice for the West Capricorn contract approximately three months ahead of schedule. The contract was originally expected to run through late July 2019 and the Company now expect it to …

Apr 19, 2019 / Vessels

Eagle Bulk Shipping Inc. Receives Commitment for a New Credit Facility Totaling USD 208 Million

Eagle Bulk Shipping Inc. (NASDAQ: EGLE) (Eagle) announced today that Eagle Bulk Ultraco LLC, a wholly-owned subsidiary of the Company, has received a loan commitment from a consortium of banks for a new five year senior secured facility (the …

Jan 22, 2019 / Finance

Seadrill Partners Announces Contract Award for the West Vencedor

Seadrill Partners LLC (SDLP) has secured a six-well contract with three option wells for the West Vencedor offshore Cote d'Ivoire.Backlog for the firm portion of the contract is expected to be approximately $20 million with commencement expected in …

Jan 16, 2019 / Vessels