Nigel Lowry

Athens Correspondent at Lloyd's List

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Articles

Dynacom orders six suezmaxes as Trump China scare dissipates

1 week ago | lloydslist.com | Nigel Lowry

News If Greek owners currently seem cautious about penning new orders, pricing and capacity factors may be dampening the deal flow more than presidential dictates A subscription is required to continue reading this content. Are you a subscriber? Sign in to continue reading. If content does not display, please refresh your browser. New to Lloyd's List? Buy a subscription to access our full service, with tailored daily headlines delivered straight to your inbox.
Okeanis clinches new loan to buy back China-leased VLCC

1 week ago | lloydslist.com | Nigel Lowry

News Third VLCC of Greece-based tanker owner to be repurchased from CMB Leasing Source: Hasenpusch Photo OKEANIS Eco Tankers has lined up refinancing for the third of a trio of very large crude carriers it decided to buy back from a Chinese lessor. All three vessels were subject to sale-and-leaseback deals with CMB Financial Leasing of a kind that usually provide repurchase options.
TEN ready to shed at least six tankers in second half of year

1 week ago | lloydslist.com | Nigel Lowry

News Imminent deals could yield $100m in cash as US-listed owner eyes further newbuildings A subscription is required to continue reading this content. Are you a subscriber? Sign in to continue reading. If content does not display, please refresh your browser. New to Lloyd's List? Buy a subscription to access our full service, with tailored daily headlines delivered straight to your inbox.
TEN eyes VLCCs to extend largest-ever growth spurt

1 week ago | lloydslist.com | Nigel Lowry

News Greece-based owner already has suezmaxes, shuttle tankers and other types under construction Source: TEN TSAKOS Energy Navigation is eyeing further additions to its newbuilding orderbook against what it sees as a positive backdrop for the tanker business. Company chief executive Nikolas Tsakos confirmed reports that the Greece-based owner has interest in ordering very large crude carriers for its fleet.
Globus ‘positive’ on dry bulk prospects despite ‘seasonal’ loss

1 week ago | lloydslist.com | Nigel Lowry

News Greece-based owner confident in a more modern fleet Source: Hasenpusch Photo GLOBUS Maritime slid to a wider first-quarter loss this year but has voiced confidence in both the dry bulk market and the company’s own fast-modernising fleet. “We have a positive view of the medium- and long-term prospects of the industry,” said the company’s management in a statement.
Star Bulk pushes ahead with buybacks

1 week ago | lloydslist.com | Nigel Lowry

News While selling older tonnage on the one hand, Nasdaq-listed owner spends more cash to repurchase shares Source: Hasenpusch Photo STAR Bulk Carriers, the Nasdaq-listed dry bulk giant, has splashed more than $30m on repurchasing its own shares in the last two and a half months, according to a filing.
Greek committee laments carbon tax proposals

2 weeks ago | lloydslist.com | Nigel Lowry

News 90-year-old GSCC calls for greater attention on incentivising energy suppliers A subscription is required to continue reading this content. Are you a subscriber? Sign in to continue reading. If content does not display, please refresh your browser. New to Lloyd's List? Buy a subscription to access our full service, with tailored daily headlines delivered straight to your inbox.
Dynamarine and James Fisher Fendercare plot STS transfer safety push

2 weeks ago | lloydslist.com | Nigel Lowry

News New collaboration targets the elevation of practices in ship-to-ship cargo operations Source: Dynamarine GREECE-based Dynamarine and UK-based James Fisher Fendercare have struck up a partnership aimed at “reshaping practices” in ship-to-ship transfer operations. The focus of the collaboration will be on transparency, data-driven assessment, and continuous safety improvement, Dynamarine said.
Toro acquires tanker following new spin-off

2 weeks ago | lloydslist.com | Nigel Lowry

News Acquisition by Petros Panagiotidis-led owner could become second unit in fleet of newly-listed Robin Energy Source: Toro TORO, the tanker and liquefied petroleum gas carrier owner that began life as a spin-off from Nasdaq-listed Castor Maritime, has acquired a modern medium-range tanker that may be destined for the group’s latest spin-off. Nasdaq-listed Toro confirmed the purchase of the unidentified MR that was built in 2021.
Shipping seeks greater role in policy-making

2 weeks ago | lloydslist.com | Nigel Lowry

News Owners complain at being excluded from MEPC deliberations but are offered a seat at the table in Brussels’ strategising for the industry A subscription is required to continue reading this content. Are you a subscriber? Sign in to continue reading. If content does not display, please refresh your browser. New to Lloyd's List? Buy a subscription to access our full service, with tailored daily headlines delivered straight to your inbox.