Infrastructure improvements and China’s vast feeder potential hold key to Greece’s success in the sector The Greek government has signaled its intentions to adopt a public private partnership model drive in order to improve critical port and air infrastructure required to help the country optimize its full potential as a destination
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Pyxis Tankers Inc. Announces Financial Results for the Three Months Ended March 31, 2017
Maroussi, Greece, May 18, 2017 – Pyxis Tankers Inc. (NASDAQ Cap Mkts: PXS), an emerging growth pure play product tanker company, today announced unaudited results for the three months ended March 31, 2017. Summary For the three months ended March 31, 2017, our time charter equivalent revenues were $4.7 million,
Navios Maritime Acquisition Corporation Reports Q1 revenue of $64.5 million
Navios Maritime Acquisition Corporation, an owner and operator of tanker vessels, reported its financial results today for the first quarter ended March 31, 2017. Angeliki Frangou, Chairman and Chief Executive Officer of Navios Acquisition stated, “For the first quarter of 2017, Navios Acquisition reported EBITDA of $37.4 million and Net income
Dryships Inc. Announces Successful Delivery of Its Second Aframax Tanker
DryShips Inc. (NASDAQ: DRYS), or DryShips or the Company, a diversified owner of ocean going cargo vessels, announced today that has taken delivery of the previously announced 115,666 deadweight tons Aframax tanker built in 2012, which will be employed in the spot market. Since the commencement of our acquisition program, in
Euroseas Ltd. Reports Results for the Quarter Ended
Euroseas Ltd. (NASDAQ: ESEA), an owner and operator of drybulk and container carrier vessels and provider of seaborne transportation for drybulk and containerized cargoes, announced today its results for the three month period ended March 31, 2017. First Quarter 2017 Highlights: • Total net revenues of $8.3 million. Net loss of $2.2
DryShips Inc. Reports Financial and Operating Results, Acquires Suezmax Newbuilding
DryShips Inc., or DryShips or the Company, a diversified owner of ocean going cargo vessels, announced its unaudited financial and operating results for the quarter ended March 31, 2017. Updated Key Information as of May 10, 2017: Cash and cash equivalents: approximately $340.7 million (or $5.05 per share) Book value of vessels, net:
Navios Maritime Partners L.P. Provides Update for Acquisition of 14-Vessel Container Fleet from Rickmers Maritime
Navios Maritime Partners L.P., an international owner and operator of drybulk and container vessels, announced today that it plans to transfer to Navios Maritime Containers Inc. (“NMCI”), an affiliate, the 14-vessel container fleet (the “Fleet”) that Navios Partners agreed to acquire from Rickmers Maritime (the “Trust”). It is expected that Navios
THE 4th POSIDONIA SEA TOURISM FORUM OPENS THE WAY FOR THE EAST MED’S FUTURE CRUISE AND YACHTING GROWTH
Greece expects over half-a-billion euro boost in local economy earnings during the 2017 cruise-tourism season The Posidonia Sea Tourism Forum, the biennial trademark event for the international cruise and yachting industries, will be held in Athens from May 23rd to May 24th in the presence of key decision makers from some
Seafarers Matter
Masters & Mates Union of Greek Merchant Marine go for Green Award
P.E.P.E.N., known internationally as Masters & Mates Union of Greek Merchant Marine, has demonstrated its solidarity with the Green Award foundation and its core values and joined the scheme as an incentive provider. Green Award certifies ships and ship managers that demonstrate performance above and beyond the industry’s standards. Best practices