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Capital Ship Management Corp. Demonstrates Commitment to a Sustainable Maritime Industry with MRV Assessment from LRQA

ATHENS, GREECE -- (Marketwired) -- 03/23/17 -- Capital Ship Management Corp. completed the first accredited assessment of their MRV monitoring plan for the vessel M/T ''Alkiviadis'' on March 7 2017. The assessment was performed by the world''s leading provider of professional assurance services, LRQA, which is a member of the Lloyd''s Register group (LR).The assessment was conducted in accordance with Regulation (EU) 2015/757 (monitoring, reporting and verification of Carbon Dioxide (CO2) from shipping activities), also known as MRV Regulation. The MRV ...

23.03.2017

Ocean Rig UDW Inc. Announces Availability of 2016 Annual Report on Form 20-F

GRAND CAYMAN, CAYMAN ISLANDS -- (Marketwired) -- 03/22/17 -- Ocean Rig UDW Inc. (NASDAQ: ORIG) ("Ocean Rig"), a global provider of offshore deepwater drilling services, announced today that its annual report on Form 20-F for the year ended December 31, 2016 (the "Annual Report") has been filed with the U.S. Securities and Exchange Commission. The Annual Report may also be accessed through the Ocean Rig website, , at the Investor Relations section under Quarterly and Annual Reports.Shareholders may also request a hard copy of the Annual Report, which includes the Company� ...

22.03.2017

Star Bulk Announces Availability of Its 2016 Annual Report on Form 20-F

ATHENS, GREECE -- (Marketwired) -- 03/22/17 -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (NASDAQ: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced that the Company''s annual report on Form 20-F (the "Annual Report"), which contains the Company''s audited financial statements for the fiscal year ended December 31, 2016, was filed with the Securities and Exchange Commission on March 22, 2017. The Annual Report can be found on the Commission''s website at and on the Comp ...

22.03.2017

Goldman Sachs Principle Strategic Investments and GE Ventures Lead $8.5 Million Investment in the New York Shipping Exchange (NYSHEX)

NEW YORK, NY -- (Marketwired) -- 03/21/17 -- The New York Shipping Exchange (NYSHEX), the innovator of the first digital forward freight contract for global container shipping, today announces $8.5 million in Series A funding led by Goldman Sachs Principle Strategic Investments and GE Ventures, with participation from Blumberg Capital, Tectonic Capital and other investors.Founded in 2015, NYSHEX provides the global shipping industry a standardized "over-the-counter" exchange for entering enforceable freight contracts. It is based on proven and relevant principles from the New York S ...

21.03.2017

Capital Ship Management Corp. is Awarded the "Best Vessel Operator - Europe" Sea Transport Award 2017

ATHENS, GREECE -- (Marketwired) -- 03/21/17 -- Capital Ship Management Corp. was awarded the "Best Vessel Operator - Europe " Sea Transport Award 2017 by UK publication "Transport News" and AI Global Media Ltd.Mr. Evangelos Marinakis, Chairman of Capital Maritime & Trading Corp. commented: "We are honored to receive this award which testifies to the safe, environmentally responsible and commercially successful transportation of our clients'' cargoes around the world."Capital Ship Management Corp. (a subsidiary of Capital Maritime & Trading Corp. ...

21.03.2017

Dynagas LNG Partners LP Announces Filing of Form 20-F With the SEC

MONACO -- (Marketwired) -- 03/20/17 -- Dynagas LNG Partners LP (the "Partnership") (NYSE: DLNG), an owner and operator of LNG carriers, today announced that on March 20, 2017 it filed its Annual Report on Form 20-F for the year ended December 31, 2016 (the "Annual Report") with the U.S. Securities and Exchange Commission.The Annual Report is available through the Partnership''s website, .Alternatively, unitholders may also receive a hard copy of the Annual Report, free of charge, by request to Capital Link, Inc., using the contact details provided at the end of t ...

20.03.2017

Safe Bulkers, Inc. Amends Exchange Offer for its Series B Preferred Shares

MONACO -- (Marketwired) -- 03/17/17 -- Safe Bulkers, Inc. ("Safe Bulkers", the "Company", or "we") (NYSE: SB) today announced an amendment to the previously announced exchange offer (the "Exchange Offer") for any and all of its outstanding Series B Cumulative Redeemable Perpetual Preferred Shares, par value $0.01 per share, liquidation preference $25.00 per share (the "Series B Preferred Shares"). The Exchange Offer is being modified to include a non-waivable condition to completion of the Exchange Offer that such completion will not result in ...

17.03.2017

DryShips Inc. Announces Successful Completion of the $200.0 Million Common Stock Offering

ATHENS, GREECE -- (Marketwired) -- 03/17/17 -- DryShips Inc. (NASDAQ: DRYS) (the "Company"), a diversified owner of ocean going cargo vessels, announced today that it has successfully completed the previously announced $200.0 million common stock offering, in which the Company raised net proceeds of $198.0 million, pursuant to the prospectus supplement filed on February 17, 2017.Following the completion of the offering, the Company has approximately 152,055,576 common shares outstanding.Mr. George Economou, Chairman and CEO commented:"We are very pleased to have successfully ra ...

17.03.2017

TEN Ltd Reports Year End and Fourth Quarter 2016 Profits and Declares Dividend

ATHENS, GREECE -- (Marketwired) -- 03/17/17 -- TEN, Ltd (NYSE: TNP)Net income for the year 2016 of $55.8 million or $0.47 per shareEBITDA for the year 2016 of $205.1 million.Net income in the fourth quarter 2016 of $11.9 million or $0.10 per common share, net of preferred stock dividends.EBITDA for the fourth quarter 2016 of $53.7 million.Strong balance sheet and cash liquidity at $197.8 million as of December 31, 2016.Total fleet contracted revenue at minimum $1.4 billion and average fleet charter employment of 2.7 years.Maintaining outstanding fleet utilization at 98% in the fourth quarter ...

17.03.2017

DryShips Inc. Announces per Share Amount of Regular Dividend for the Quarter Ended December 31, 2016

ATHENS, GREECE -- (Marketwired) -- 03/16/17 -- DryShips Inc. (NASDAQ: DRYS) (the "Company" or "DryShips"), a diversified owner of ocean going cargo vessels, announced today that it will pay a regular dividend of approximately $0.017412 per common share in connection with the previously announced dividend for the quarter ended December 31, 2016. As previously announced, the Board of Directors declared a regular fixed dividend of $2.5 million for the quarter ended December 31, 2016 to the common shareholders of record as of March 15, 2017, with the dividend per share amount ...

16.03.2017

Seanergy Announces Proactive Covenant Deferral and Waiver Agreements of its Bank Lending Facilities

ATHENS, GREECE -- (Marketwired) -- 03/14/17 -- Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ: SHIP), announced today that it has entered into agreements with four of its senior lenders for the proactive waiver and deferral of the application date of certain major financial covenants. Based on these agreements the Company expects to be in compliance with all major applicable covenants concerning the Company and the respective borrowers or that such covenants will be waived and postponed until the second quarter of 2018."We are pleased to announce that we have proactiv ...

14.03.2017

Crude Oil and Product Tanker Sector Panel Discussions With Major Company Executives at Capital Link''s 11th Annual Shipping Forum on Monday, March 20, 2017 -- New York City 30 Listed Companies Participating

NEW YORK, NY -- (Marketwired) -- 03/13/17 -- Senior executives from major listed shipping companies involved with the crude oil and product tanker sectors of maritime transportation will participate on panels and presentations at , organized in cooperation with Citi.Senior executives from 30 listed companies will participate on the various panels and will be available for meetings which investors can request by contacting the organizers.The Forum will also feature panel discussions on other shipping sectors, such as dry bulk, LNG/LPG, as well as on other topics of critical significance for th ...

13.03.2017

LNG/LPG Sector Panel Discussions With Major Company Executives at Capital Link''s 11th Annual Shipping Forum on Monday, March 20, 2017 -- New York City 30 Listed Companies Participating

NEW YORK, NY -- (Marketwired) -- 03/13/17 -- Senior executives from major listed shipping companies involved with the LNG/LPG sectors of maritime transportation will participate on panels and presentations at , organized in cooperation with Citi.Senior executives from 30 listed companies will participate on the various panels and will be available for meetings which investors can request by contacting the organizers.The Forum will also feature panel discussions on other shipping sectors, such as dry bulk, crude oil and product tankers, as well as on other topics of critical significance for t ...

13.03.2017

REMINDER - Dry Bulk Panel Discussion With Major Listed Company Executives at Capital Link''s 11th Annual Shipping Forum on Monday, March 20, 2017 -- New York City 30 Listed Companies Participating

NEW YORK, NY -- (Marketwired) -- 03/13/17 -- Senior executives from major listed shipping companies involved with the dry bulk sector of maritime transportation will participate on panels and presentations at , organized in cooperation with Citi.Senior executives from 30 listed companies will participate on the various panels and will be available for meetings which investors can request by contacting the organizers.The Forum will also feature panel discussions on other shipping sectors, such as tanker, LNG and LPG, as well as on other topics of critical significance for the industry, such as ...

13.03.2017

DryShips Inc. Announces Filing of 2016 Annual Report on Form 20-F

ATHENS, GREECE -- (Marketwired) -- 03/13/17 -- DryShips Inc. (NASDAQ: DRYS) (the "Company" or "DryShips"), a diversified owner of ocean going cargo vessels, announces that its annual report on Form 20-F for the year ended December 31, 2016 (the "Annual Report") has been filed with the U.S. Securities and Exchange Commission (the "Commission"). The Annual Report may be accessed through the Company''s website, , at the Investor Relations section under Quarterly and Annual Reports, or on the website of the Commission, .Shareholders may also reque ...

13.03.2017

Safe Bulkers, Inc. Commences Exchange Offer for Any and All Outstanding 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares

MONACO -- (Marketwired) -- 03/09/17 -- Safe Bulkers, Inc. ("Safe Bulkers", the "Company", or "we") (NYSE: SB) today announced the commencement of an exchange offer (the "Exchange Offer") for any and all of its outstanding 8.00% Series B Cumulative Redeemable Perpetual Preferred Shares (the "Series B Preferred Shares").Holders who elect to exchange their Series B Preferred Shares in the Exchange Offer will receive, for each such Series B Preferred Share, (i) $22.50 in cash and (ii) 2.0 newly issued shares of common stock, par value $0.001 per s ...

09.03.2017

TEN Announces Time Charter for 2017-Built VLCC Hercules I

ATHENS, GREECE -- (Marketwired) -- 03/09/17 -- TEN Ltd ("TEN") (NYSE: TNP), a leading diversified crude, product and LNG tanker operator, today announced an up to 18 months time charter with minimum and profit sharing provision for the newly delivered VLCC Hercules I to a major US oil company."All 15 new vessels in TEN''s growth program, including the five for the rest of this year, have full long-term employment. This new time charter announced today with minimum base rate and profit sharing arrangements protects the Company''s bottom line and ensures parti ...

09.03.2017

Safe Bulkers, Inc. Announces Filing of 2016 Annual Report on Form 20-F

MONACO -- (Marketwired) -- 03/08/17 -- Safe Bulkers, Inc. (the Company) (NYSE: SB), an international provider of marine drybulk transportation services, announced that it has filed its 2016 Annual Report on Form 20-F with the U.S. Securities and Exchange Commission (the "SEC").The 2016 Annual Report on Form 20-F is available by link through the Company''s website, , under Investor Relations > SEC Filings.Alternatively, shareholders may also receive a hard copy of the 2016 Annual Report on Form 20-F, free of charge, by request to Capital Link, using the contact details p ...

08.03.2017

Star Bulk Announces the Acquisition of Two Modern Kamsarmax Vessels and the Delivery of One Newcastlemax Vessel

ATHENS, GREECE -- (Marketwired) -- 03/08/17 -- Star Bulk Carriers Corp. (the "Company" or "Star Bulk") (NASDAQ: SBLK), a global shipping company focusing on the transportation of dry bulk cargoes, today announced that it has entered into definitive agreements to acquire two modern Kamsarmax drybulk carriers (the "Vessels") from an unaffiliated third party for an aggregate total consideration of approximately US$30.3 million.Each of the Vessels has a carrying capacity of 81,713 deadweight tons and was built with high specifications at Jiangsu New Yangzijiang in 20 ...

08.03.2017

Seanergy announces agreement for early termination of credit facility resulting in a material gain

ATHENS, GREECE -- (Marketwired) -- 03/07/17 -- Seanergy Maritime Holdings Corp. (the "Company") (NASDAQ: SHIP), announced today that it has entered into a definitive agreement with one of its senior lenders for the early termination of a credit facility, which is expected to result into a material gain and equity accretion for the Company. Upon completion of the transaction, the gain to the Company is estimated to be approximately $11.4 million, which represents a reduction of approximately 29% of the outstanding facility. In addition, this transaction is expected to result in an ac ...

07.03.2017


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