Investment company MRMP-Managers, LLC has sent a letter to NYSE-listed Navios Maritime Partners (NMM) and its CEO Angeliki Frangou detailing concerns regarding the management and direction of the company, and...

U.S.-based Eagle Bulk Shipping (NASDAQ: EGLE) has announced a underwritten secondary public offering of $1.5 million shares of its common stock. The shares are being offered by GoldenTree Asset Management,...

By Allison McNeely (Bloomberg) — Transocean Ltd. is planning to raise cash and cut debt by selling new shares, taking advantage of a surge in its stock price driven by the...

By Gavin van Marle (The Loadstar) Israeli container shipping carrier Zim, recently listed on the New York Stock Exchange, rewarded investors yesterday, reporting first-quarter results that were among some of the best...

A new SEC filing shows that the Scion Asset Management, the private investment firm founded and led by famed investor Dr. Michael Burry, purchased about $10.5 million worth shipping stocks...

By Stephen Stapczynski (Bloomberg) As soon as retail investor Calvin Froedge heard that a massive container vessel was stuck in the Suez Canal, he pulled his car over to the...

By Mike Wackett (The Loadstar) – With freight rates soaring, ocean carriers are prepared to pay more than double previous daily hire rates for chartered ships to secure tonnage and...

by Captain John Konrad (gCaptain) Over 300,000 seafarers are stuck at sea in what the Pope has called one of the biggest crises ever to face the maritime industry but...