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March 19, 2014
07:23 EDTSBLK, NNA, GLOB, DRYS, BALT, SB, NMM, GASS, DLNG, SALT, NM, FRO, CPLPDeutsche Bank to hold a summit
2014 Shipping Summit is being held in New York on March 19.
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July 2, 2015
05:32 EDTFROFrontline and Frontline 2012 agree to merger
Frontline and Frontline 2012 entered into an agreement and plan of merger, pursuant to which the two companies have agreed to enter into a merger transaction, with Frontline as the surviving legal entity and Frontline 2012 as a wholly-owned subsidiary. Subsequent to the merger, this subsidiary is expected to merge into the Surviving Company which will retain the Frontline Ltd. name. After the merger is completed the combined company expects to become one of the world's leading tanker companies with a total fleet of approximately 90 vessels, consisting of approximately 25 VLCCs, 17 Suezmax tankers, 16 MR product tankers and 10 LR2 Aframax tankers. This includes approximately 20 vessels on time charter in or under commercial management. The combined company will also have a newbuilding program of approximately 22 vessels, which are scheduled to be delivered in the period 2015 - 2017. Shareholders in Frontline 2012 as of the time the merger is completed will receive shares in Frontline as merger consideration. Pursuant to the Merger Agreement, one share in Frontline 2012 will give the holder the right to receive 2.55 shares in Frontline. The exchange ratio is based on June 30, 2015 NAV broker estimates for Frontline and Frontline 2012. Frontline is expected to issue a total of approximately 584 million shares to shareholders in Frontline 2012 following cancellation of treasury shares held by Frontline 2012 and Frontline 2012 shares held by Frontline. Completion of the merger is subject to the execution of certain definitive documents, customary closing conditions and regulatory approvals. The merger is also subject to approval by the shareholders of Frontline and Frontline 2012 in special general meetings expected to be held in the fourth quarter of 2015 and the merger is expected to close as soon as possible thereafter.
July 1, 2015
17:17 EDTCPLPCapital Product announces delivery of M/T Amadeus
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June 30, 2015
17:47 EDTSBLKStar Bulk Carriers to delay delivery of newbuilding vessels by 3.3 months
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17:43 EDTSBLKStar Bulk Carriers reports Q1 adjusted EPS (20c), consensus (20c)
Reports Q1 revenue $45.5M, consensus $47.5M.
15:26 EDTSBLKNotable companies reporting after market close
Notable companies reporting after the market close, with earnings consensus, include CalAmp (CAMP), consensus 26c... AeroVironment (AVAV), consensus 18c... Star Bulk Carriers (SBLK), consensus (20c).
09:27 EDTNMMNavios Maritime Partners announces long-term charter
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09:10 EDTDRYSDryShips announces agreement to sell 6 Aframax Tankers
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June 29, 2015
08:28 EDTSALTScorpio Bulkers announces time charter-out agreement
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June 26, 2015
17:01 EDTSALTScorpio Services reports 5.19% passive stake in Scorpio Bulkers
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16:09 EDTGLOBGlobant files to sell $125M of common shares for holders
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June 24, 2015
16:06 EDTSBLKStar Bulk Carriers sells M/V Star Christianna
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