The dry bulk shipping company based in Athens DryShips Inc. will be acquired by SPII Holdings Inc. a company controlled by George Economou, under which SPII will acquire the outstanding shares for $5.25 per share in cash, without interest.As previously…
SPII Holdings Acquires DryShips Read More »
German industrial group thyssenkrupp AG. Materials Services is investing around 70 million euros in the modernization and expansion of its European warehousing and logistics network.A state-of-the-art logistics center and new warehouses are to be buil…
ThyssenKrupp Expands EU Logistics Network Read More »
Iran warns US not to seize freed tanker headed towards Greece | Economou clinches DryShips deal | Cosmoship and MC-Schiffahrt…
Daily Briefing August 20 2019 Read More »
The largest port in Europe, the Port of Rotterdam has reported a new transhipment record for the first six months of 2019 – 240.7 million tonnes, or a 3.4% increase compared to 2018.The offshore sector also made a significant contribution to the mariti…
Rotterdam Port Rides High on Offshore Waves Read More »
South Korean shipbuilder Samsung Heavy Industries (SHI) is to build 10 LNG-powered crude tanker vessels.The order was placed by an unnamed “Oceanian” customer. The contract for the vessels was valued at KRW 751.3 billion (US$621 million), which…
SHI to Build 10-LNG-fuelled Tankers Read More »