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March 19, 2014
07:23 EDTSB, NMM, GASS, DLNG, SALT, NM, FRO, CPLP, SBLK, NNA, GLOB, DRYS, BALTDeutsche Bank to hold a summit
2014 Shipping Summit is being held in New York on March 19.
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January 26, 2015
09:45 EDTCPLPCapital Product downgraded to Neutral from Buy at BofA/Merrill
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January 23, 2015
09:22 EDTSBLKStar Bulk Carriers announces sale of M/V Star Julia for demolition
Star Bulk Carriers announced that it has entered into a binding agreement to sell for demolition the M/V Star Julia, a 70,100 dwt Panamax vessel, built in 1994, to an unaffiliated third party, at a profit over net book value. The company expects to deliver the Vessel to the Buyers by early February 2015. Star Julia was acquired on August 19, 2014. This transaction is in line with the company's strategy to opportunistically divest assets that do not fit the profile of its fleet and further solidify its balance sheet.
January 21, 2015
11:21 EDTFROFrontline volatility elevated on wide price movement
Frontline February call option implied volatility is at 130, March is at 158, August is at 133; compared to its 26-week average of 95 according to Track Data, suggesting large near term price movement.
January 15, 2015
16:07 EDTDLNGDynagas LNG increases quarterly dividend by 8.3% to 42.25c per unit
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